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Units 2A, B and C La Hure Mare Industrial Estate La Hure Mare, £1,100,000

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Investment sale
Circa 10,155 sq ft (inc mezzanine)
Fully let
Rental income £84,588 per annum
Guide price £1,100,000

Location

The property is located on the La Hure Mare Industrial Estate in the parish of the Vale. The estate comprises 10 units of varying sizes. Other occupiers include Magnet, Arrowsmith Marlow and Channel Glass Supplies.

Description

The property comprises stand-alone light industrial premises sub-divided into 3 units. It is constructed from a concrete frame infilled with single skin block work and finished externally to render and masonry paint. The shallow pitched roof is clad with profiled metal sheeting interspersed with translucent light panels, the floor is laid to poured concrete. Units 2A & 2B are currently occupied by an engineering and fabrication company and Unit 2C by a waste management company.

Roller shutter doors (x3) circa 4.30m wide x 4.00m high.

Height to eaves approx. 4.95m.

Height to ridge approx. 5.20m.

Total gross Internal area (excluding Unit 2C mezzanine) circa 9,520 sq ft (884 Sq m).

Gross internal area (Unit 2C mezzanine) circa 635 sq ft (59 sq m).

Lease Details
The Property is currently let to two tenants as follows:

Unit 2A and B
Tenant: Fusion Engineering & Motor Works Ltd
Lease Expiry: 17/08/2030
Break: 17/08/2025

Unit 2C
Tenant: Eco Waste GSY Ltd (T/A Galaxy)
Lease Expiry: 11/02/2029
Break: N/A

Total Rent passing £84,588 per annum.

Further details of the tenancies are available on request.

Tenure
Freehold

Legal Costs
Each party to bear their own legal costs.

Service Costs
The tenants are charged for the maintenance of the service roads, further details available on request.

Asking Price
Offers are invited in the region of £1,100,000 for the Freehold interest in the property.

Viewings
Please call Lisa Collins or Mike Collins on 244244 or email This email address is being protected from spambots. You need JavaScript enabled to view it. / This email address is being protected from spambots. You need JavaScript enabled to view it.

Please call Matt Birch on 07839 111013 or email This email address is being protected from spambots. You need JavaScript enabled to view it.