Industrial/workshop unit in Orton Southgate for sale as an investment
Description
The property is a semi-detached industrial/workshop unit of steel frame construction with low level brickwork and profiled metal cladding to eaves and a pitched roof. Internally there is a mix of warehouse and office space, kitchen and WC facilities. The property is situated within a gated compound providing parking for approximately 40 vehicles. In addition there is an area to the side of the property which can be used for parking if required and storage space to the rear of the property.
The property is let to Upp Corporation Ltd on a 10 year lease commencing from 7 September 2022 at a rent of £50,000 per annum. The tenant has an option to break at the end of the third, sixth and ninth anniversary subject to 6 months notice.
Viewings
Strictly by appointment with the sole agents.
Terms
The property is available as an investment sale. OIRO £575,000
Name | sq ft | sq m |
---|---|---|
Ground - Industrial/workshop | 5,217 | 484.68 |