Bermuda COMMERCIAL Real Estate

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Davison's Warehouse - Hurst Crescent

Davison's Warehouse - Hurst Crescent
Price: $6,461
MLS# 4758902
Warehouse - 10 Hurst Crescent â€" Ground (1st) Floor â€" 3,877 sq ft. of warehouse space in excellent condition. 5,000 lb Freight elevator. Floor loading 250 psi. Steel frame and cladding, Private toilet on this floor. Ceiling height: Minimum 13 feet. Each floor separately metered. 20,000 gallon water tank, some parking, close to Hamilton. Parking is limited.
Asking rent $20.00 per sq ft per annum equates to $77,539.92 per annum/$6,461.66 per month
Lease: 3 to 5 years
Renewal option: 1 at 3 to 5 years
Rent: CPI change over previous 36 to 60 months as applicable
No Service Charge.
Land Tax 7% of ARV equates to $3,850 per annum/$320.83 per month.
Assessment number/ARV 125118414/$55,000 . Land Tax 7% (2017) equates to $3,850 per annum.
Previously rented for 5 years.