Location
Freehold Multi-Let Industrial and Ground Rent Investment comprising approximately 767.93 sq m (8,266 sq ft). Investment let at £33,863 pa (plus vacant units).
The occupational estate comprises 11 units arranged across two terraces and three open storage / yard areas. There are 8 units let and 3 units vacant, with immediate asset management potential to re-let the vacant units and increase the passing rent. The wider estate, included in the freehold on long leases are 51 units sold on 11 leases. Specification of the units differ across the two terraces, with units 33 -44 being of brick-and-mortar construction with corrugated metal roofing. Units 49B and 50 have brick-and-mortar elevations with metal sheet profile cladding and metal roofing. The units are self-contained with concrete floors, access and roller shutter loading doors. Each unit benefits from a number of dedicated parking spaces. Units 49B and 50 have their own WC, whereas the remainder benefit from a communal WC. The entire site extends to 13.40 acres (5.42 hectares).The occupational units are hatched purple on the adjacent plan, whilst the long leasehold elements are hatched green.