Size 1,401 SqFt (130.15 SqM)
For Sale £200,000 for the Long Leasehold
An end terraced single storey light industrial/warehouse premises. Income producing of £14,000 per annum exclusive. A Long Ground Lease is held on the property commencing 1985 for 125 years.
The unit is let at £14,000 per annum on a 6 year lease
commencing 18th June 2018 and is outside of the Security of
Tenure Provisions of The 1954 Landlord & Tenant Act. There is
Tenant only break option at the third anniversary subject to 6
months prior written notice. In addition, there is a Open Market
rent review at the third anniversary.
The premises are of portal frame construction with cavity brick/block perimeter walls and a full height roller shutter loading door and daylighting panels.
External allocated parking.