FREEHOLD INDUSTRIAL/WAREHOUSE INVESTMENT
The property comprises multi-let industrial/warehouse units of steel portal frame construction with coated profile sheet steel cladding elevations and roof, the latter incorporating roof lights. There are four units in total.
Unit 5B 377 SQ M ( 4,058 SQ FT)
Unit 4B 1,056 SQ M (11,363 SQ FT)
Unit 4A 828 SQ M ( 8,911 SQ FT)
Unit 4A (office) 120 SQ M ( 1,287 SQ FT)
Total Floor Area 2,380 SQ M (25,619 SQ FT)
The current passing rent is as follows:
Units 5B and 4A (office unit) are currently let to Lumber Eco-tec Ltd at a passing rent of £45,000 p.a and £5,000 p.a respectively, both under a 10-year lease granted on 14/04/25 with a 5-year break clause.
Units 4B and 4A are currently let to Motorlink Distribution Ltd at a passing rent of £104,170 p.a and £81,893 p.a respectively, both under a 6-year lease granted on 01/07/23 with a 3-year break clause.
The total current passing rent is £236,063 per annum exclusive (£9.21 per sq ft)
