FOR SALE BY ONLINE AUCITON ON TUESDAY 20TH JANUARY
TO REGISTER FOR LEGAL PACKS ANDBIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE
Description
FOR SALE BY ONLINE AUCITON ON TUESDAY 20TH JANUARY
TO REGISTER FOR LEGAL PACKS ANDBIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE
Light industrial facility extending to around 17, 140 sq/ft (1,592 sq/m) part let producing around £31,000 pa
This substantial former fish house has accommodation over three floors extending to over 17,000 sq/ft. Over thirty years ago the building was split into a variety of workshops, studios and stores. It is part let, part vacant and currently seven units are let producing around £30,799.68 pa.
The property occupies a prominent corner position at the junction of Admiralty Road, Sutton Road with Middle Road East.
It is close to the outer harbour, new Herring Bridge river crossing and the renewable energy business park.
An exciting investment opportunity with scope to generate further income from the vacant areas.
Business Rates According to the valuation website the units are individually rated.
Further information at www.tax.service.gov.uk/business-rates-find/results
Letting Schedule Ground floor
Unit 1 let to Discount Sheds at £500 pcm (£6,000 pa)
Unit 2 let to Lease Furnishings at £400 pcm (£4,800 pa)
Unit 3 previously at £400 pcm (£4,800 pa) currently vacant
Unit 4 let to Stalwart Safety at £266.64 pcm (£3,199.68 pa)
Unit 5 let to Supalign Construction at £600 pcm (£7,200 pa)
First floor
Unit 6 let to Anglian Studios at £100 pcm (£1,200 pa)
Unit 7 let to Crunch Musician at £400 pcm (£4,800 pa)
Second floor
Unit 8 let to a camera and security business at £300 pcm (£3,600 pa)
Tenure: Freehold
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.
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- Unconditional (Immediate Exchange)
Call the team on 01603 505 100 for more information
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