Investment opportunity
Description
A modern mid-terrace unit situated off Harrier Way. The unit is of steel portal frame construction with a mono-pitched roof. The unit benefits from a small office, WC, three phase power, full height loading door, separate pedestrian entrance, and LED lighting as well as rooflights in the warehouse. Externally there is allocated parking for 3 vehicles.
Specifications
Fully let to Double R Joinery Ltd
Viewings
Strictly by appointment with the sole agent.
Terms
The property is available on a freehold basis - guide price of £135,000 + VAT. The unit is let at £10,200 plus VAT per annum representing a net initial yield of 7.56%.
Business Rates
The Valuation Office Agency website lists the property with a current rateable value of £9,900.
VAT
VAT will be charged in addition to the rent at the prevailing rate.
Anti-Money Laundering
To comply with Anti-Money Laundering Regulations, proof of ID and address are required and confirmation of the source of funding will be required.
Plans
Floor plans available upon request.
EPC
The property currently has an EPC assessment of C - the certificate is attached.
Legal Costs
Each party is to be responsible for their own legal costs incurred in the transaction.
Service Charge
There is an estate service charge payable for the up keep of the common areas.
| Name | sq ft | sq m | Availability |
|---|---|---|---|
| Unit | 799 | 74.23 | Under Offer |