Updated Oct 29, 2024
Virgin Atlantic Sells Industrial Property In Crawley For £30M To Marchmon - Cameron Fraser
Fleming Way, Crawley Rh10, Uk
$30,000,000
$66/SF
Building Size
452,588 SF
Asset Type
Industrial
Closing
Aug 24, 2020
About this deal
AI
The industrial property located at Fleming Way in Crawley has been sold in a closed transaction. The property spans over an area of 452,588 square feet. The sale price for this transaction was £30,000,000, resulting in a price per square foot of £66.28. The transaction took place on August 25, 2020.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: £30,000,000
- Address: Fleming Way, Crawley
- Market: Crawley
Virgin Atlantic, the seller, successfully sold the property to Marchmon. The buyer was represented by Cameron Fraser from Cushman & Wakefield. The seller was represented by SHW in this transaction.
Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse this market industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.53%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93