Investment opportunity. Let commercial units within a range of recently refurbished buildings offering an ideal opportunity to purchase an income producing investment in small lot sizes. Read more
Investment opportunity. Let commercial units within a range of recently refurbished buildings offering an ideal opportunity to purchase an income producing investment in small lot sizes.
* Established commercial development within walking distance of High Street * lock up storage & workshop units *
An opportunity comprises a range of four lock up storage units and four workshop units which are let. Available as an investment either individually or as a whole.
The units have been refurbished in recent times and are constructed in stone and block beneath a mixture of tiled covered and metal roofs. The size of the units and current rents are set out in the schedule.
UNIT 8 STORES AND OFFICES: ASKING PRICE£65,000 30.7 sq m (330 sq ft) Passing Rent £250 per month (£3,000 PA) Rateable Value £2,475
UNIT 8A WORKSHOP: ASKING PRICE £65,000 30.25 sq m (325 sq ft) Passing Rent £280 per month (£3,360 PA) Rateable Value £2,350
UNIT 9A STORAGE UNIT: ASKING PRICE£40,000 13.38 sq m (144 sq ft) Passing Rent £130 per month (£1,560 PA) Rateable Value £1,100
UNIT 10A OFFICES/SURGERY: ASKING PRICE £45,000 17.9 sq m (192 sq ft) Passing Rent £185 per month (£2,220 PA). Rateable Value £1,350
UNIT 10B STORAGE UNIT/STUDIO: £50,000 27 sq m (290 sq ft) Passing Rent £250 per month (£3,000 PA). Rateable Value £2,100
UNIT 14 WORKSHOP/STORE: ASKING PRICE £85,000 39.35 sq m (423 sq ft) Passing Rent £280 per month (£3,360 PA). Rateable Value £1,700
UNIT 15 WORKSHOPS & STORE: ASKING PRICE £80,000 27.8 sq m (300 sq ft) Passing Rent £250 per month (£3,000 PA). Rateable Value £2,025
UNIT 16 WORKSHOP/STORAGE UNIT: ASKING PRICE £80,000 24.79 sq m (267 sq ft) Passing Rent £250 per month (£3,000 PA). Rateable Value £2,025
TENANCIES: We understand the properties are let on tenancies for a period of 5 years with an annual break clause on both sides. The Landlord carries out all the repairs and insurance. Specimens of tenancy agreement are available for inspection. Individual tenancies will be available on request.
AGENTS NOTE: All units can be sold vacant.
ENERGY PERFORMANCE CERTIFICATE: EPC'S have not been commissioned in respect of the properties on the basis that they have low energy demand, no fixed heating system etc and as such are an exemption to the regulations relating to Commercial Property Energy Performance Certificates.
Consumer Protection from Unfair Trading Regulations 2008. The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.