Offers over £90,000

Fairway Court, Wigwam LaneWigwam Lane, Hucknall, Nottingham

  • Under offer

Key features

  • Let to the Nottinghamshire County Council for a term expiring 14 June 2093
  • Development potential STPP
  • Existing modern warehouse/industrial units

FOR SALE WAREHOUSE GROUND RENT INVESTMENT

About this property

  • The site extends to approximately 3.941 acres (1.595 ha) part of which has been developed to the front providing two semi-detached warehouse units currently occupied by Floor Heating Systems and NG15 Prestige Car Centre, benefitting from direct gated access off Wigwam Lane onto a large surface loading/parking area. They are of a modern streel portal frame construction pitched in a single bay incorporating insulated block work infill walls with part decorative brick and part profile steel cladding to the elevations and roofs with scattered roof lights. The units incorporate offices together with staff welfare facilities and reception areas. Each unit benefits from a sectional steel roller shutter door. In addition, included in the sale is a nearby subsoil interest on an estate road and small strip of landlocked land to the east.

Local information

  • The property occupies a prominent position fronting Wigwam Lane to the south, east of Hucknall town centre and within close proximity of Hucknall Railway Station. Neighbouring occupiers include Leen Valley Golf Club, Central Waste UK Limited, Oak Field Limited, Bonsers and CMS to name but a few.

Additional information

  • Lease - The property is let to the Nottinghamshire County Council for a term of 99 years commencing on the 15th June 1994 on a full repairing and insuring basis at a rental equivalent to 9% (fixed proportion) of the net rental income.