Last Updated: 09th Sep 2024
The subject property comprises a circa 1980s built, single-storey, mid-terrace, industrial unit with two-storey integral offices, of steel frame construction with brick elevations, surmounted with steel cladding. The roof structure is pitched and similarly clad, incorporating translucent roof lights. The elevations incorporate uPVC double glazed windows.
Internally, the ground floor accommodation has been configured to provide a trade counter area, WC facilities, a partitioned office, together with the main warehouse. The main warehouse area generally provides clear and unencumbered production accommodation with a solid concrete floor throughout, brick elevations to a height of 2.50m and is lit via suspended LED lights. The eaves height to the underside of the haunch is circa 5.6m.
Loading is facilitated by means of a roller shutter door in the front elevation. Heating to this element is provided by way of a warm air gas fired blower.
An internal staircase at the front of the property provides access to the first floor where there is an office incorporating a kitchenette. The specification to the office space includes; suspended ceilings with inset CAT II lighting, painted plastered walls and carpet floor coverings. Heating is provided by wall mounted electric heaters.
Externally, the property benefits from forecourt car parking for 4 cars.
Total GIA: 3,161 sq ft (293.63 sq m)
Modern mid-terrace industrial premises
Let to a strong tenant covenant
Purchase price subject to the occupation lease - £335,000 to show an initial yield of 5.27% and an estimated reversionary yield of 6.48%, after costs
