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Property agent
Victor Ktori
Victor Ktori
Key Points
Summary
Industrial Long Leasehold Investment For Sale
Description
The property comprises a detached manufacturing unit occupying a large self-contained site with two storey offices to the front.
The property benefits from forecourt parking to the front for approximately 9 spaces and a large gated yard / loading area to the rear accessed off Wingate Close.
Location
The property is located within the established Glaisdale Industrial Estate and occupies a prominent position fronting Glaisdale Drive East at its junction with Wingate Close to the eastern boundary.
Terms
Offers sought for the long leasehold interest in excess of £125,000 exclusive.
Tenure
The property is held on a long lease for a term of 99 years (less 3 days) from 25 March 1962 at a rental of £52,886 per annum, with no further review.
Sub-Lease
The property has been sub-let to Creative Surface Solutions Limited / Worktop Fabrications Limited for a term of 10 years with effect from 14 August 2017 at a rental of £65,000 per annum and subject to rent review on the 5th year of the term.
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Bulwell (2.8 miles) Beeston (3.0 miles) Nottingham (3.2 miles) |
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