Property for sale
Property description & features
- New Build Commercial Unit For Sale
- Choice of Units Available
- New Business Park Location of 22 Units
- Sold with a Tenant Already in Place
- Excellent Buy to Let Investment
- No Onward Chain
- Ideal for a SIPP Purchase
- Range of Business to Choose From
- Rental Yield of Around 7.5% (Initially)
- EPC Ratings from A to C (Units Rated Individually)
The Property
For investors or SIPP's looking for a commercial property that they can earn rent on from day 1, then look no further than Blackgate Lane Retail Park in Tarleton. There are a choice of units available to purchase, each with an established tenant already in place and paying rent at £700 pcm until December 2026, then rising to £840 pcm for remaining 3 years of the lease. The site is made up of 22 new units and is already home to varying types of businesses. NB: Further details of individual leases is to be discussed with the seller by interested parties.
Lease
NB: The property is sold as leasehold on a 250 year lease. The ground rent is £200 per year and there is a service charge of £60 pcm for maintenance of communal areas which includes: bins, buildings insurance, external CCTV and gardening. The solar panels on the roof are retained by the freeholder and a current charge of £0.35 kwh will be charged along with the service charge. All units are metered individually.
For Sale
This listing is for 1 unit, though there is the option to negotiate to purchase a block or units, or multiples. Tenants are on 6 year leases, with 3 years at £8,400 pa (until December 2026) and then increasing to £10,080 until December 2029 for the remaining 3 years of the lease.
Council Tax Band: TBC
Tenure: Leasehold
Property information from this agent
Places of interest
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Property reference 12425611. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Smart Move - Tarleton.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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