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OVERVIEW

8 modern light industrial/trade counter units –approx 2,623 sq.m 28,140 (sq.ft) gross in a prime location on established and popular estate with proven track record. Tenants include Dechra Ltd, James Hargreaves Plumbers Merchants Ltd, Wolseley Uk Ltd, Toolstation Ltd. Current income £203,750 pa net.

Occupancy in recent years has been 100%, there having been an excess of demand for units of this type and size in the local area for a number of years, and with resultant income growth as evidenced by the most recent letting of Unit 1 at the beginning of the year.

LEASES

The units are let on uniform terms incorporating   tenant full repairing and insuring liabilities with provision for a service charge in respect of common areas, in accordance with the detailed schedule below.

GUIDE PRICE

£3.15m (offers)

A purchase at the above guide would yield a return of 6.10% after allowance for acquisition costs at 6%. VAT applicable.

Recent transactional evidence supports a current MV (VP) for all units of  £3.3 – £3.5m.

VIEWING

Via the sole agent Atkinson Associates contactable on 01943 666955 Option #3 or alastair@atkinsonassoc.co.uk.

MARKETING PARTICULARS

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