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Agent's details

Kempton Park Close, Off Ascot Drive

For sale: £195,000.00|To rent: £18,000.00 Per Annum|2,412 Sq Ft|General Industrial, Trade Counter, Industrial, Retail

Property details

FOR SALE£195,000.00
TO RENT£18,000.00 Per Annum
SIZE2,412 Sq Ft
ADDRESSKempton Park Close, Off Ascot Drive, Osmaston Park Industrial Estate, Derby, DE24 8QB
TYPEGeneral Industrial, Trade Counter, Industrial, Retail
TENURETo Let, For Sale Freehold, For Sale Leasehold
POSTED ON15th September 2021

Description

Key Points

  • Detached warehouse / workshop unit
  • Substantial yard on a self-contained site
  • Established industrial estate location
  • Long leasehold with approximately 51 years unexpired
  • Ground rent payable of £6,500 per annum, subject to review in 2030
  • Freehold available
  • Summary

    Detached warehouse / workshop unit located on an established industrial estate location.

    Description

    The property comprises a detached warehouse / workshop unit being of a brick construction under a flat roof incorporating UPVC double glazed window units to the front and side elevations and two steel roller shutter doors to the rear elevation, opening out onto a large concrete surfaced self-contained yard with perimeter palisade fencing. The property benefits from staff / customer parking to the front. Internally, the property is configured to provide a reception / office area, office, kitchen and WC’s. The rear is arranged as a large open plan warehouse / workshop area and benefits from plastered and painted walls with surface mounted fluorescent lighting.

    Viewings

    Strictly by appointment only with the Sole Agent, Savills.

    Location

    The subject premises is located within the established Osmaston Industrial Estate on Kempton Park Close in Derby. The industrial estate is typically focused on manufacturing, storage and trade counter users. Positioned on the east side of the City Centre, with valuable links to the A6 London Road (Pride Park Link) and the A514 Osmaston Road (Outer Ring Road). With superb road communications and ease of access to the outer ring road and the A52 to Junction 25 of the M1, A50 to Junction 24 and surrounding areas to Derby.

    Terms

    The unit is available on flexible terms at a rental of £18,000 per annum exclusive, equating to £7.50 per sq ft.

    Promo

    Warehouse / Workshop Unit

    Price

    £125,000, subject to contract and exclusive of VAT, for the benefit of the long leasehold interest in the property. Offers in excess of £195,000, subject to contract and exclusive of VAT, for the benefit of the freehold interest in the property.

    Tenure

    The property is available on a long leasehold held under Title Number DY31165, granted for a term of 99 years with effect from 1 August 1973, therefore having approximately 51 years unexpired at a current ground rent of £6,500 per annum.

    Location

    marker
    Location: Kempton Park Close, Off Ascot Drive, Osmaston Park Industrial Estate, Derby, DE24 8QB

    Peartree (0.6 miles)

    Derby (1.2 miles)

    Spondon (2.1 miles)

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