Warehouse for sale
Property description & features
- Tenure: Freehold
- Self-contained Industrial/warehouse building for sale
- High specification offices
- Suit owner occupiers / Investors
- Established industrial estate close to Reigate town centre
- Within 1 mile of M25 (junction 8)
- Close to local amenity / affluent area
- Nine car parking spaces
- New roof (with 20 year guarantee)
- Currently let out to two tenants providing income of £55,000 per annum + service charge
- Breaks/lease ends in June and August 2024
The property comprises a self-contained single storey concrete portal framed building with an open plan warehouse/industrial area with a roller shutter door entrance and separate pedestrian entrance to the offices.
Newly constructed high specification offices are located over two floors along the southern section and provide mix of open plan and meeting/board rooms. Well presented WC, kitchen and shower facilities are installed.
section. The building is currently separated using electronic key card doors providing independent offices from the warehouse zone. Loading and nine allocated parking spaces are within a shared yard.
The entire building was reroofed with modern insulated cladding containing daylight panels in the latter part of 2022.
Location
This property is located to the rear of the established Albert Road North Estate a few hundred meters north west of the centre of the historic market town of Reigate.
Access to the estate is via residential roads from the A217 London Road to the east and the A25 to the south. Via the A217, junction 8 of the M25 lies approximately 0.9 miles to the north and Gatwick Airport, approximately 7.5 miles to the south.
Reigate Railway Station is within 0.4 miles / 15 minutes walk to the east.
Tenancies
The property is currently let to two separate tenants;
N.B.
- Each tenant pays an additional service charge for electric, gas, waste, CCTV, fire alarm, window cleaning , etc. Further details upon request.
- There is potential to gain vacant possession by Aug 2024 if occupation was required.
VAT
VAT will be charged on the sale price
Viewings
Strictly by appointment via sole agents Vail Williams LLP.
Anti-Money Laundering Requirements
In accordance with Anti-Money Laundering requirements, two forms of identification will be required from the purchaser or tenant and any beneficial owner together with evidence/proof identifying the source of funds being relied upon to complete the transaction.
Property information from this agent
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