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Wakefield Road 6,376 sq ft 100% Let Industrial Property Scissett HD8 9HS £690,000 (£108.22/sq ft)



INVESTMENT HIGHLIGHTS
- Located in the centre of Scissett
- Future development potential
- An established industrial investment site
EXECUTIVE SUMMARY
The property comprises 11 units which are currently used for industrial, storage and workshops. Units 1-5 form part of a large modern unit which has been split with each unit having its own access and 3 of the units having automatic roller shutter doors. There are 3 single storey workshops and units 10 & 11 which are currently owner occupied provide further workshop and industrial space with a small office.
Unit size tenant rent 1A 678 sq ft (63 sq m) Fusion Business Solutions £300pcm 1b 1162 sq ft (1082 sq m) Ed Morton £300pcm 2 2,292 sq ft (213 sq m) Ronan Developments £742pcm 3 663 sq ft (61.6 sq m) Ed Morton £150pcm 4 491 sq ft (45.6 sq m) Corrie Johnson £200pcm 5 478 sq ft (44.4 sq m) Karl Wood £250pcm 6 (Mezzanine) 1,162 sq ft (108 sq m)Vacant Vacant 7 1,679 sq ft (156 sq m) Lockwood Brothers £600pcm 8 786 sq ft (74 sq m) MKB Garden Services £300pcm 9 813 sq ft (75.5 sq m) 172 sq ft (mezz) Andy Wood £260pcm 10 Owner occupied Nil 11 Owner occupied Nil £3,102pcm (£37,224 per annum) All Tenants are on informal agreements and effectively holding over as the agreements have expired. No rent reviews have been carried out recently therefore we believe the units are under rented.
Unit size tenant rent 1A 678 sq ft (63 sq m) Fusion Business Solutions £300pcm 1b 1162 sq ft (1082 sq m) Ed Morton £300pcm 2 2,292 sq ft (213 sq m) Ronan Developments £742pcm 3 663 sq ft (61.6 sq m) Ed Morton £150pcm 4 491 sq ft (45.6 sq m) Corrie Johnson £200pcm 5 478 sq ft (44.4 sq m) Karl Wood £250pcm 6 (Mezzanine) 1,162 sq ft (108 sq m)Vacant Vacant 7 1,679 sq ft (156 sq m) Lockwood Brothers £600pcm 8 786 sq ft (74 sq m) MKB Garden Services £300pcm 9 813 sq ft (75.5 sq m) 172 sq ft (mezz) Andy Wood £260pcm 10 Owner occupied Nil 11 Owner occupied Nil £3,102pcm (£37,224 per annum) All Tenants are on informal agreements and effectively holding over as the agreements have expired. No rent reviews have been carried out recently therefore we believe the units are under rented.
PROPERTY FACTS
| Price | £690,000 | Property Subtype | Warehouse |
| Price per sq ft | £108.22 | Costar Property Class | C |
| Sale Type | Investment | Net Internal Area (NIA) | 6,376 sq ft |
| Tenure | Freehold | No. Floors | 1 |
| Property Type | Industrial | Year Built | 1970 |
| Price | £690,000 |
| Price per sq ft | £108.22 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | C |
| Net Internal Area (NIA) | 6,376 sq ft |
| No. Floors | 1 |
| Year Built | 1970 |
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Wakefield Road
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