Industrial development for sale
Property description & features
- Tenure: Leasehold (28 years remaining)
Venture Commercial are pleased to introduce this versatile property offering a combination of office and industrial/workshop space, comprised of two separate units available to purchase on a long leasehold sale. The current lease has approximately 28 years remaining.
Unit 2 is situated at the forefront of the site and consists of a two-story office at the front and workshop space at the rear. Loading access for Unit 2 is provided through a roller shutter on the side elevation, with an eaves height of 5.80m.
Unit 3 is positioned at the rear of the site and features a covered walkway leading to a detached concrete frame storage building, boasting an eaves height of 3.60m. Additionally, there is a plant room located at the rear of Unit 3.
The first floor of Unit 2/3 houses L-shaped offices that extend across the front and side elevations of the property. A small framed gatehouse is situated at the corner of the parking area. The property also includes a spacious tarmac parking area.
Currently rented and achieving an annual income of £100,000 for both Unit 2 and Unit 3, in excess of a 11% yield.
The Property is located in a prime location for industrial activities. The area offers a range of industrial units suitable for various businesses, from manufacturing to warehousing. The Property is located off Luton Road in Dunstable, which allows excellent road connectivity to the A5 and M1 which makes it convenient for logistics and distribution operations.
The industrial estate is well-maintained and provides ample parking space for employees and visitors. With its strategic location and well-equipped facilities, Eastern Avenue Industrial is an ideal choice for businesses looking to establish a presence in the area.
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