No longer on the market
This property is no longer on the market
MapIndustrial unit
Features and description
Description
We are pleased to offer for sale this investment opportunity to purchase this modern Detached Industrial Unit situated within a convenient location within Green Lane Industrial Estate. Occupies a prominent position off Green Lane, the property is currently let on a full repairing and insuring lease to Grove Building Solutions Ltd at an annual rent of £45,000 per annum exclusive. The lease is for a term of 3 years commencing on the 4th August 2023.
The current tenant company has occupied the building for a number of years.
RATEABLE VALUE
The building has a rateable value under the 2023 rating list of £35,250.
RENT
Current rental income - £45,000 per annum exclusive.
LEASE TERMS
3 years from the 4th August 2023 on full repairing and insuring terms.
PRICE
£550,000 plus VAT
VIEWING
Strictly by prior appointment with the Agents Abson Blaza Property Services[use Contact Agent Button].
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