0.6 Acre Commercial Site Let to Two Tenants at £19,200 pa
0.6 Acres site comprises a range of Industrial buildings, together with forecourt frontage. We are advised that the entire site is let to two separate tenants that provide car wash, vehicle and bodywork repair and tyre fitting services. Costas Tyres Units 15-17 at £600pcm Platinum Car Wash Unit 5 at £1,000pcm We understand that these leases are holding over and further understand that the rear sections of building beyond the car wash are sublet and any rental income from these is paid direct to the tenants rather than the property owner/landlord. Accommodation: Total Site Area: 0.25 HA (0.6 Acre) Total Approx. Gross Internal Area: 1,210 SqM (13,040 SqF) Services: Mains electricity, water and drainage are connected. Tenancy Details: The car wash and buildings are let to a private individual held under Title MS112182 on an expired Lease at a rent of £12,000 per annum. The tyre depot and buildings are let to a private individual held under Title MS280469 on an expired Lease at a rent of £7,200 per annum.
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Energy Efficiency Rating (EPC)
Current Rating D & D
Buyer's Premium - 1% inc VAT of the purchase price payable on exchange of contracts.
Administration Charge - 1% inc VAT of the purchase price payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.