Detached High Quality Trade Counter/ Warehouse Investment
Situated in established business location
Entirely let to CCF Ltd until 2019
Nearby occupiers include Warburtons, LIDL, KFC and 3663
Approximate site area of 0.78 hectares (1.91 acres)
Benefits from a large yard area and on-site car parking
Six Week Completion Available
Lot 23
Auction 29th March 2012
Rent £138,250 per Annum Exclusive
Status Withdrawn Post
Price
Sector Trade Counter/Builders Merchants
Auction Venue Millennium Hotel 39-44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
10.1 miles north-west of Nottingham 11 miles north-east of Derby
Roads
A608, A610, M1 (Junction 26)
Rail
Langley Mill Rail Station
Air
East Midlands Airport
Situation
The property is situated within the popular Access 26 Business Park, adjacent to the A610 which provides direct access to the M1 motorway (Junction 26). The property is within walking distance of the town centre and offers nearby occupiers such as Warburtons, LIDL, KFC and 3663.
Tenure
Freehold.
Location
Miles
10.1 miles north-west of Nottingham 11 miles north-east of Derby
Roads
A608, A610, M1 (Junction 26)
Rail
Langley Mill Rail Station
Air
East Midlands Airport
Situation
The property is situated within the popular Access 26 Business Park, adjacent to the A610 which provides direct access to the M1 motorway (Junction 26). The property is within walking distance of the town centre and offers nearby occupiers such as Warburtons, LIDL, KFC and 3663.
Tenure
Freehold.
Description
The property comprises a warehouse with reception and office accommodation on ground floor and a mezzanine storage area. The property benefits from a large yard with on-site car parking and a site area of approximately 0.78 hectares (1.91 acres) with low density coverage
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a warehouse with reception and office accommodation on ground floor and a mezzanine storage area. The property benefits from a large yard with on-site car parking and a site area of approximately 0.78 hectares (1.91 acres) with low density coverage
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
15 years from 17/09/2004 until 16/09/2019 on a full repairing and insuring lease
£138,250
17/09/2014 (2) (3)
Totals
2,748.60 sq m
(29,586 sq ft)
£138,250 (4)
(1) For the year ending 13st December 2010, CCF Limited reported a turnover of £213,793,000, pre-tax profits of £8,016,000 and a total net worth of £71,453,000. (Source: www.riskdisk.com 18/01/2012) (2) The rent review is upwards only to open market value. (3) There is an assumption in the lease for review purposes that the premises comprise 1.5 acres of land and that the GIA of the building on the premises is 27,000 sq ft. (4) The rent is based on £128,350 pax for the industrial unit plus an additional £10,000 pax to reflect the large yard area. Please see basis of rent review in Clause 5.12 of the lease.
Contacts
Seller's Solicitors
Blake Lapthorn Solicitors New Kings CourtTollgate Chandlers Ford Eastleigh SO53 3LG
