Freehold industrial investment for sale with two well established tenants. Total Income £44,750 per annum.
Price: £560,000 exclusive (£88.20 psf). No election for VAT.
The property comprises a semi-detached industrial building which has been divided into two separate units. Front unit 4,595 sq ft. Rear unit 1,754 sq ft.
The front unit is arranged with ground floor offices (as a projection from the main building) with workshop and warehouse space to the rear. The offices are fitted out to a good standard, benefiting from uPVC double glazing and adjoin staff cloakroom facilities with a doorway leading to the workshop benefiting from fitted kitchen and small storage area with the remainder primarily set out as an open plan workshop.
The rear unit had been created by subdividing the original space to create a self-contained workshop. The workshop is primarily open plan but includes a small mezzanine which we understand to be tenant’s own. This rear unit includes a small demised yard area which is currently occupied by various temporary structures.