Commercial Investment

An opportunity to acquire a mid-link industrial unit which we are advised is let on a 10 year term from 15/07/2022 on full tenant repairing terms, at a rent of £9,762 per annum. The lease is subject to review in each 3rd year of the term to the greater of market rent or RPI. The lease is subject to a tenant only break clause at the fifth year of the term subject to 12 months prior written notice. Please refer to the legal pack for confirmation. We understand that Unit 9 provides approximately 1,142 sq ft (106 sqm) of industrial accommodation with access roller shutter doors and a separate pedestrian entrance. The unit has not been inspected by us, but we believe that the accommodation comprises of office, workshop and toilet facilities. The Units are constructed from steel portal frame construction with brick and profiled metal cladding elevations and concrete roof panels. Each terrace has secured gated access to a large hardstanding area providing car parking and loading to the front of the units.

Tenure

See Legal Pack

Viewing

Through Auction House Wales on 02920 475184, further information can also be obtained from Harris & Birt acting as joint auctioneers on 01446 771777

Solicitors

Howells Solicitors, Fitzalan House, Ref: Howells Solicitors, Tel: 029 2040 4020

Additional Fees

Buyer's Premium - £600 inc VAT payable on exchange of contracts.

Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.