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Bessemer Rd 6,445 sq ft Industrial Unit Offered at £395,000 in Basingstoke RG21 3ND



INVESTMENT HIGHLIGHTS
- Established industrial trading estate location
- Good loading provision
- 9+ Car parking spaces
- Part ground and first floor offices
- Racking and loading dock
EXECUTIVE SUMMARY
The premises are accessed from Bessemer Road which in turn provides easy access to Harrow Way, which connects to the A339 and Junction 6 of the M6, approximately 2 miles to the northeast.
PROPERTY FACTS Sale Pending
| Total Property Size | 70,734 sq ft | Typical Floor Size | 31,500 sq ft |
| Property Type | Industrial (Unit) | Year Built | 1978 |
| Property Subtype | Warehouse | Total Plot Size | 0.93 ac |
| Costar Property Class | C | Parking Allocation | 0.73/1,000 sq ft |
| Floors | 3 |
| Total Property Size | 70,734 sq ft |
| Property Type | Industrial (Unit) |
| Property Subtype | Warehouse |
| Costar Property Class | C |
| Floors | 3 |
| Typical Floor Size | 31,500 sq ft |
| Year Built | 1978 |
| Total Plot Size | 0.93 ac |
| Parking Allocation | 0.73/1,000 sq ft |
AMENITIES
- Fenced Lot
- Security System
- Yard
- Roller Shutters
- Air Conditioning
1 UNIT AVAILABLE
Unit 1
| Unit Size | 6,445 sq ft | Sale Type | Investment |
| Price | £395,000 | Tenure | Freehold |
| Price Per sq ft | £61.29 | Sale Conditions | Sale Leaseback |
| Unit Use | Industrial |
| Unit Size | 6,445 sq ft |
| Price | £395,000 |
| Price Per sq ft | £61.29 |
| Unit Use | Industrial |
| Sale Type | Investment |
| Tenure | Freehold |
| Sale Conditions | Sale Leaseback |
DESCRIPTION
The property comprises an end of terrace, two storey industrial / warehouse unit which is situated facing the entrance to the Bessemer Park Industrial Estate.
SALE NOTES
The current occupier Blankson’s have been in occupation for many years and it is intended they would enter into a new fully repairing and insuring lease for a term of 10 years, on completion of legal formalities, to be contracted inside the Security of Tenure & Compensation Provisions of the Landlord & Tenant Act 1954 Part II as amended, at an initial rent of £36,000 pax. The rent is to be reviewed at the expiry of the 5th and 10th anniversary of the term to open market rental value, or upwards only, whichever is the higher. There is to be a six month rent deposit of £18,000, which will be held for the duration of the lease, together with personal guarantors by the Directors of Blankson's Ltd.
Presented by
Bessemer Rd
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