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Lion Mill Fitton St 201,285 sq ft 27% Let Industrial Property Oldham OL2 5JX £3,500,000 (£17.39/sq ft)

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INVESTMENT HIGHLIGHTS

  • Rare purchase opportunity midway between Oldham and Rochdale
  • Current Rent Roll £469,585.50/annum
  • Property in very good condition throughout

EXECUTIVE SUMMARY

The property extends to a gross internal floor area of 208,453 sq ft. The property is let to a number of tenants, including part to the owners/vendors of the property and an up to date Tenancy Schedule is attached showing the name of the tenant, demise and floor area occupied and current annual rent and an analysis on a per sq ft basis for comparable purposes. The current annual rent roll net of vat equates to £469,585.50/annum which includes an amount of £11,500/annum received from roof sited telecommunication installations

PROPERTY FACTS

Price £3,500,000
Price per sq ft £17.39
Sale Type Investment
Tenure Freehold
Property Type Industrial
Property Subtype Warehouse
Costar Property Class C
Total Plot Size 3.25 ac
Net Internal Area (NIA) 201,285 sq ft
No. Floors 7
Year Built 1892
Parking Allocation 0.2/1,000 sq ft
No. Dock-High Doors/Loading 2

AMENITIES

  • Fenced Lot
  • Signage
  • Yard
  • EPC - E
  • Roller Shutters
  • Storage Space

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • CONDITION
  • AVAILABLE
  • Ground
  • 31,258 sq ft
  • Industrial
  • Partial Fit-Out
  • Now

The floor space is available to let on terms to be agreed.

  • 1st Floor
  • 37,685 sq ft
  • Industrial
  • Partial Fit-Out
  • Now

The floor space is available to let on terms to be agreed.

  • 3rd Floor
  • 37,685 sq ft
  • Industrial
  • Partial Fit-Out
  • Now

The floor space is available to let on terms to be agreed.

  • 4th Floor
  • 39,510 sq ft
  • Industrial
  • Partial Fit-Out
  • Now

The floor space is available to let on terms to be agreed.

Space Size Space Use Condition Available
Ground 31,258 sq ft Industrial Partial Fit-Out Now
1st Floor 37,685 sq ft Industrial Partial Fit-Out Now
3rd Floor 37,685 sq ft Industrial Partial Fit-Out Now
4th Floor 39,510 sq ft Industrial Partial Fit-Out Now

Ground

Size
31,258 sq ft
Space Use
Industrial
Condition
Partial Fit-Out
Available
Now

1st Floor

Size
37,685 sq ft
Space Use
Industrial
Condition
Partial Fit-Out
Available
Now

3rd Floor

Size
37,685 sq ft
Space Use
Industrial
Condition
Partial Fit-Out
Available
Now

4th Floor

Size
39,510 sq ft
Space Use
Industrial
Condition
Partial Fit-Out
Available
Now

Ground

Size 31,258 sq ft
Space Use Industrial
Condition Partial Fit-Out
Available Now

The floor space is available to let on terms to be agreed.

1st Floor

Size 37,685 sq ft
Space Use Industrial
Condition Partial Fit-Out
Available Now

The floor space is available to let on terms to be agreed.

3rd Floor

Size 37,685 sq ft
Space Use Industrial
Condition Partial Fit-Out
Available Now

The floor space is available to let on terms to be agreed.

4th Floor

Size 39,510 sq ft
Space Use Industrial
Condition Partial Fit-Out
Available Now

The floor space is available to let on terms to be agreed.

  • Listing ID: 27765946

  • Date on Market: 16/02/2023

  • Last Updated:

  • Address: Fitton St, Oldham OL2 5JX

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