Industrial Unit for sale Warwick CV34 6LX,8549sq ft

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Industrial Unit

Industrial Unit For Sale Warwick

PROPERTY ID: 135267

PROPERTY TYPE

Industrial Unit

STATUS

Available

SIZE

8,549 sq.ft

Key Features

Freehold Investment For Sale on Heathcote Industrial Estate

Ground Floor Workshop & Offices: 6,290 sq ft (584.4 sq m)

First Floor Offices: 915 sq ft (85 sq m) Mezzanine: 1,344 sq ft (124.9 sq m)

Producing £56,600 per annum gross rental income.

Site Area Approx. 0.5 Acres

Generous Parking Area and Yard Space

Eaves Height: 5.1m

Property Details

Heathcote Industrial Estate is located to the south of Leamington Spa and Warwick off the A452 which links to junctions 13 and 14 of the M40 nearby, thereby providing access to the motorway network and all nearby commercial centres. Notable occupiers on the Estate include Jaguar Landrover, Warwickshire County Council and Dennis Eagle. The M40 being an established industrial and logistics corridor, with Junction 15 providing links to the A46 and thereafter Coventry and the M6/M69. Situation The Heathcote Industrial Estate is an established industrial and warehouse area with a mixture of local and national occupiers. Hawkes Drive is one of the principal spine roads through the estate, accessed from Heathcote Lane.

Description Detached Warehous/industrial Unit With First Floor Offices Location Heathcote Industrial Estate Is Located To The South Of Leamington Spa And Warwick Off The A452 Which Links To Junctions 13 And 14 Of The M40 Nearby, Thereby Providing Access To The Motorway Network And All Nearby Commercial Centres. Notable Occupiers On The Estate Include Jaguar Landrover, Warwickshire County Council And Dennis Eagle. The M40 Being An Established Industrial And Logistics Corridor, With Junction 15 Providing Links To The A46 And Thereafter Coventry And The M6/m69. Situation The Heathcote Industrial Estate Is An Established Industrial And Warehouse Area With A Mixture Of Local And National Occupiers. Hawkes Drive Is One Of The Principal Spine Roads Through The Estate, Accessed From Heathcote Lane. Tenure For Sale Freehold, Subject To A Single Occupational Lease To Medico Electrodes Ltd On An Fri Basis. The Lease Is For A Term Of 5 Years From 25 August 2023 At A Rent Of £56,600 Per Annum, On Fri Terms, And Containing A Tenant Option To Break On 25 August 2026. Covenant Medico Electrodes Limited Is A Subsidiary Of Medico Electrodes International Limited, Who Are One Of The Leading Manufacturers Of Disposable Ecg Electrodes For All Cardiac Monitoring And Diagnostic Procedures. They Are The Largest Manufacturer Of Disposable Electrodes In The World Outside Of The Usa. The Balance Sheet For The Tenant Company Shows Net Assets Of £3.15 Million As Of 31st March 2024. Planning Class E Rent Price Offers Invited In Excess Of £790,000. Rates The Rateable Value For The Current Year Is £58,500. Legal Costs Each Party To Be Responsible For Their Own Legal Costs Incurred In The Transaction. Epc D 84 Freehold Investment For Sale On Heathcote Industrial Estate Ground Floor Workshop & Offices: 6,290 Sq Ft (584.4 Sq M) First Floor Offices: 915 Sq Ft (85 Sq M) Mezzanine: 1,344 Sq Ft (124.9 Sq M) Producing £56,600 Per Annum Gross Rental Income. Site Area Approx. 0.5 Acres Generous Parking Area And Yard Space Eaves Height: 5.1m £790,000 - Reflecting A 6.75% Net Initial Yield

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About the Agent

ehB Reeves

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Industrial Unit

£790,000 Freehold

Unit 20A Hawkes Drive, Warwick, CV34 6LX

Industrial Unit - Available
8,549 sq ft
794 sqm

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Industrial Unit For Sale Warwick

PROPERTY ID: 135267

PROPERTY TYPE

Industrial Unit

STATUS

Available

SIZE

8,549 sq.ft

Key Features

Property Details

About the Agent

ehB Reeves

Industrial Unit

£790,000 Freehold

Unit 20A Hawkes Drive, Warwick, CV34 6LX

Industrial Unit - Available 8,549 sq ft794 sqm

Enquiry Form

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Industrial Unit - Available
8,549 sq ft
794 sqm