Property Information
Address:
Unit 8, Mansfield Road, Derby, Derbyshire
, DE21 4SZ
, Derbyshire
, United Kingdom
Price: Sale Price: £550,000
Size: 5995 sq ft557 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH694619
Property Ref/Agent: 14734
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: November 13, 2024
Property description
The property comprises an end of terrace industrial unit of steel portal frame construction with facing brick lower elevations and insulated cladding to the upper elevations and roof.
Internally, the property provides open plan industrial accommodation with a minimum working height of c. 4.4m (to the underside of the eaves haunch), benefiting from a concrete floor, blockwork walls, translucent roof lights and automatic roller shutter loading doors on the front and side elevations measuring c. 3.5m (width) by 4.1m (height) and c. 2.7m (width) by 2.2m (height) respectively.
To the front of the premises there are a pair of two storey office blocks which provide well-presented office accommodation together with kitchen and w/c facilities.
Externally, to the front of the building, there is loading space together with parking provisions for approximately 4 vehicles.
To the side, there is an enclosed and secure yard area which houses a small external store and allows for additional parking, loading and surface storage space.
Total Gross Internal Area of 556.95 sq.m. / 5,995 sq.ft. with External Store of 19.21 sq.m. / 207 sq.ft.
4.4m eaves height.
Front and Side loading doors.
Let by way of a full repairing and insuring lease.
Rental income of £42,000 per annum.
Sale price reflects a net initial yield of c. 7.3% after purchaser's costs.
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