Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a large detached workshop/warehouse in an established industrial location.
Arranged with an office to the front across ground and first floors, with a workshop/warehouse to the rear, the property has been occupied by a single tenant for many years. Whilst previously let on an informal basis, a new 20 year lease to P&A Hydraulics Limited has been agreed paying a rent of £48,000 per annum.
The property is accessed from Leecon Way, with parking for approximately six cars to the front, there is access to a yard to the side which runs the length of the property to a workshop to the rear.
Tenure
Freehold
Tenancy
The property is let on a new 20 year lease to P&A Hydraulics Limited paying a rent of £48,000 per annum.
The lease is on full repairing and insuring terms and includes five yearly, upward only, open market rent reviews.
Planning
Whilst there are no extant planning consents, the property is suitable for refurbishment to provide high quality industrial stock. Furthermore given the position of the property with residential accommodation immediately to the west, the property may be suitable for redevelopment to residential (subject to obtaining the necessary consents).
Rent