Industrial development for sale
Property description & features
- Tenure: Leasehold
- Opportunity to acquire fully let ground floor commercial unit benefiting from Class E use
- Unit extends 4,658 sqft beneath a residential led new development comprising 43 apartments
- Property includes 6 x off street car parking spaces and a separate commercial entrance from Cool Oak Lane
- New lease with ‘MNO Fitness’ trading as ‘Anytime Fitness’ on a new 15 year FRI lease paying £115,000pax (£24.69psf)
- We are inviting offers in excess of £1,400,000 (£300psf) for the virtual freehold interest (999 years) equating to an attractive 8.2% gross yield
Unit extends 4,658 sqft beneath a residential- led new development comprising 43- apartments
Property includes 6 x off-street car parking spaces and a separate commercial entrance from Cool Oak Lane
New lease with ‘MNO Fitness’ trading as ‘Anytime Fitness’ on a new 15-year FRI lease paying £115,000pax (£24.69psf)
We are inviting offers in excess of £1,400,000 (£300psf) for the virtual freehold interest (999-years) equating to an attractive 8.2% gross yield
Property information from this agent
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Energy Performance data and Internal floor area
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