Key Features

• Industrial investment comprising a modern mid terrace unit
• Let to single tenant, in occupation since construction in the early 2000s.
• Lease expiry in 2036, tenant break and rent review in 2031
• Full repairing and insuring lease (excluding roof)
• Net rent: £34,200 p.a.
• Offers in excess of: £465,00o for the freehold, reflecting a NIY of 7.04%

Description

A mid-terrace industrial unit constructed in the early 2000s by Midas Construction.

Steel portal frame (circa 6.5 metre eaves height), elevations and roof of insulated sheet metal cladding.

Glazed pedestrian entrance of powder-coated aluminium, and separate sectional up-&-over loading door (3.6m x 4.55m).

5 designated parking spaces plus loading apron in front of loading door.

Fitted out by the tenant with partial mezzanine floor, below which is a trade counter and above which are offices and welfare areas.