Modern Freehold Industrial Investment
Modern Freehold Industrial Investment
The property is situated on the established Stukeley Meadows Industrial Estate, close to the junction of the A14 and the A1. The estate and the town benefit from excellent communication routes and the property is close to the Stukeley Retail Park, with occupiers including Halfords, Homebase, Argos and Carpet Right.
Freehold.
The property is situated on the established Stukeley Meadows Industrial Estate, close to the junction of the A14 and the A1. The estate and the town benefit from excellent communication routes and the property is close to the Stukeley Retail Park, with occupiers including Halfords, Homebase, Argos and Carpet Right.
Freehold.
The property comprises four individual and self-contained units with integral offices. The properties benefit from roller shutter doors opening onto a service yard and car park for approximately 30 cars. The site area is approximately 0.23 hectares (0.56 acres) with a site coverage of 50
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises four individual and self-contained units with integral offices. The properties benefit from roller shutter doors opening onto a service yard and car park for approximately 30 cars. The site area is approximately 0.23 hectares (0.56 acres) with a site coverage of 50
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|
| 8 | Industrial |
183.94 sq m |
1,980 sq ft |
NORSE COMMERCIAL SERVICES LIMITED (1) |
6 years from 25/12/2010 (2) |
£9,900 | 25/12/2013 |
| 6, 8A, 10 | Industrial | VARIOUS | Various (3) | Peppercorn | ` | ||
Totals |
|
183.94 sq m |
1,980 sq ft |
£9,900 | |||
!1) For the year ending 30th January 2011 Norse Commercial Services Limited reported a turnover of £105,555,592, a pre-tax profit of £7,732,970 and a total net worth of £12,391,594. (Source: www.riskdisk.com 11/11/2011)
(2) As to the lease for unit 8, there is a tenant option to determine on 24/12/2013.
(3) Unit 10 - Term commencement date 24/10/2011, for 900 years. Unit 8A - Term commencement date 31/01/2008, for 900 years. Unit 6 - Term commencement date 26/02/2007, for 900 years.
(4) Unit 8A and Unit 10 were recently sold for £150,000 and £145,000 respectively.
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