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 and 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.
Fully let investment
Prominent industrial unit
Full height roller shutter door
Allocated parking ( Agency Pilot Software Ref: 10153 )