Updated Oct 29, 2024
Coalfields Regeneration Trust Acquires Industrial/Warehouse In Cramlington For £1.93M
76 Colbourne Avenue,Cramlington, Northumberland,England
$1,930,000
Building Size
—
Asset Type
Industrial
Closing
Mar 31, 2020
About this deal
AI
The industrial/warehouse property located at 76 Colbourne Avenue in Cramlington, Northumberland has been sold for a price of £1,930,000. The property is situated in a prime location within the market of Cramlington, Northumberland.
Summary of transation details
- Property Type: Industrial/Warehouse
- Transaction Amount: £1,930,000
- Seller: Addington Capital – Philip Symonds
- Buyer: Coalfields Regeneration Trust
- Seller’s Representative: Commercial Property Partners LLP
- Buyer’s Representative: Avison Young
Addington Capital, represented by Commercial Property Partners LLP, served as the seller in this transaction. The buyer was the Coalfields Regeneration Trust, who was represented by Avison Young.
Players
Brighton Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.22%
Cash-on-Cash
-2.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93