***SUBSTANTIAL INDUSTRIAL INVESTMENT***
Opportunity to purchase a large industrial investment arranged as 3 units with yard located off Lower Clutton Hill, Clutton. The site is fully let producing an income of £58,000pa. Offered for sale freehold subject to the occupational tenancies.
Substantial industrial investment comprising 3 units of approximately 9,000 sq ft plus mezzanine and yard. The site is fully let producing £58,000pa. We believe unit 3 to currently be underlet with good scope to increase the rent at the next review or for a new letting.
The site is situated off Lower Clutton Hill, Clutton providing easy access to the A37, Bristol and Bath.
Understood to be freehold.
LEASE DETAILS -
The site is fully let producing £58,000pa.
Unit 1 - £15,000pa. (5 year lease from December 2020)
Unit 2 - £33,000pa. (due to be vacant end of August 2022)
Unit 3 - £10,000pa. (currently holding over)
FLOOR PLAN -
The floor plan is provided for indicative purposes only and should not be relied upon.
Unit 1 - approximately 1,800 sq ft
Unit 2 - approximately 4,500 sq ft
Unit 3 - approximately 2,500 sq ft
Toilet facilities - approximately 200 sq ft
ENERGY PERFORMANCE CERTIFICATE -
EPC rating: D (expires May 2023).
By appointment with Maggs and Allen.
All figures quoted are exclusive of vat unless otherwise stated.
CONTROL OF ASBESTOS REGULATIONS -
As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. Maggs & Allen has not tested or inspected for asbestos and therefore recommend all interested parties to make their own enquiries.