Warehouse for sale
Property description & features
- Tenure: Freehold
- Partially let to Bell, Sons & Co. (Druggists) Limited on a new 15 year term on full repairing terms
- Passing rent of part being £121,228 per annum (£5.25 per sq ft), subject to 5 yearly tenant breaks and rent reviews to RPI (All items)
- Potential rental growth by sub dividing the units into smaller denominations
- Suitable for investment or owner occupiers of part
The building was originally in multi occupancy arranged in bays thus lending itself to be easily subdivided back into bays thus providing a range of options either for investment or owner occupation of part or the whole of the remaining property.
Unit 21 has been subdivided from the balance of the site including utilities.
Partially let to Bell, Sons & Co.(Druggists) Limited on a new 15 year term on full repairing terms
Passing rent of part being £121,228 per annum (£5.25 per ft), subject to 5 yearly tenant breaks and rent reviews to RPI (All items)
Potential rental growth by sub dividing the units into smaller denominations.
Suitable for investment or owner occupiers of part
0.64 acres of undeveloped land adjacent (previously benefited from planning permission for the development of 5 industrial units N/2007/0283 which has lapsed. A new similar application is imminent)
Property information from this agent
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