Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises an industrial site with various buildings which have been erected by the tenant. The site comprises approximately 2.34 acres (0.95 hectares). The tenant has constructed various specialist milling buildings on site, size/details unknown. They are also in the process of constructing a significant industrial facility currently.
Tenure
Freehold.
Accommodation
Please note the approximate areas have been provided by the VOA/Vendor/EPC and the property has not been internally inspected by Savills. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site.
Ground - approximately 2.34 acres (0.95 hectares)
Tenancy
Let to Richardson Milling UK Limited on a renewal for a period of 125 years from 29th September 2025 at a new rent of £84,250 per annum. Under the terms of the lease the rent is reviewed every 10 years to the higher of the open market rental value of the land alone, or 15% of the rental value of the land and buildings on the site.
Please note the lease has not yet been granted but it is anticipated that this will be granted by completion of the sale.
Rent