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Investment Highlights
- Freehold Industrial Investment.
- 10 year lease from June 2023 (expiring June 2033).
- Next rent review June 2028.
- Let to BBAK Control Panels Ltd.
- Comprises approximately 637.40 sq m (6,861 sq ft).
- Investment let at £37,100 pa (8.73% on Guide Price).
Executive Summary
The property comprises a ground and first/mezzanine floor industrial unit. The property benefits from car parking at the front of the building.
Property Facts
| Price | £425,000 | Total Plot Size | 0.18 ac |
| Price per sq ft | £61.94 | Net Internal Area (NIA) | 6,861 sq ft |
| Sale Type | Investment | No. Floors | 3 |
| Tenure | Freehold | Year Built | 1980 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Allocation | 0.96/1,000 sq ft |
| Costar Property Class | B | No. Drive In / Grade-Level Doors | 1 |
| Price | £425,000 |
| Price per sq ft | £61.94 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | B |
| Total Plot Size | 0.18 ac |
| Net Internal Area (NIA) | 6,861 sq ft |
| No. Floors | 3 |
| Year Built | 1980 |
| Tenancy | Single |
| Parking Allocation | 0.96/1,000 sq ft |
| No. Drive In / Grade-Level Doors | 1 |
Amenities
- 24 Hour Access
Utilities
- Lighting
- Water - City
- Sewer - City
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