Part let - generating an income of £73,261 per annum
Ground floor warehouse 1,704m (18,340ft) with 4m headroom internally on short term let at an annual rent of £75,000 per annum
Overall site area 0.761 acres
Includes rental income of £28,800 for 40 car parking spaces within the yard to the front
The property comprises a two storey brick built warehouse and manufacturing facility which provides industrial accommodation over 2 floors extending to 3,407.65m (36,680ft).
The property has loading to ground and first floors and benefits from a large yard to the front and a 3 phase electricity supply with 4m headroom to the ground floor.
The property is currently owned by the adjoining Mill Owner and held partly as an income producing investment. The first floor of the warehouse is currently occupied by 2 tenants generating an income of £44,461 per annum. To the front of the warehouse, the car parking area is subject to monthly tenancies and generates a gross income of £28,800.
The ground floor of the warehouse, which extends to 1,704m (18,340ft), is currently let on a short term tenancy and presents the opportunity for a purchaser to acquire the property and occupy this area whilst generating an income from the remainder of the property. Alternatively, the availability of the property presents an opportunity to lease the ground floor and create an entirely income producing investment or obtain vacant possession through the serving of relative notices to the varying tenants.
The occupiers of the first floor of the warehouse building do so under flexible tenancies which have a potential to be extended by negotiation
