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Investment

Investment For Sale Derby

PROPERTY ID: 131095

PROPERTY TYPE

Investment

STATUS

Available

SIZE

5,995 sq.ft

Key Features

Total Gross Internal Area of 556.95 sq.m. / 5,995 sq.ft. with External Store of 19.21 sq.m. / 207 sq.ft.
4.4m eaves height.
Front and Side loading doors.
Let by way of a full repairing and insuring lease.
Rental income of £42,000 per annum.
Sale price reflects a net initial yield of c. 7.3% after purchaser's costs.

Property Details

The Property Comprises An End Of Terrace Industrial Unit Of Steel Portal Frame Construction With Facing Brick Lower Elevations And Insulated Cladding To The Upper Elevations And Roof. Internally, The Property Provides Open Plan Industrial Accommodation With A Minimum Working Height Of C. 4.4m (to The Underside Of The Eaves Haunch), Benefiting From A Concrete Floor, Blockwork Walls, Translucent Roof Lights And Automatic Roller Shutter Loading Doors On The Front And Side Elevations Measuring C. 3.5m (width) By 4.1m (height) And C. 2.7m (width) By 2.2m (height) Respectively. To The Front Of The Premises There Are A Pair Of Two Storey Office Blocks Which Provide Well-presented Office Accommodation Together With Kitchen And W/c Facilities. Externally, To The Front Of The Building, There Is Loading Space Together With Parking Provisions For Approximately 4 Vehicles. To The Side, There Is An Enclosed And Secure Yard Area Which Houses A Small External Store And Allows For Additional Parking, Loading And Surface Storage Space.

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About the Agent

Salloway Property Consultants Ltd

See Agent's Other Properties

Investment Unit

£550,000 Freehold

Unit 8,Mansfield Road, Derby, DE21 4SZ
Investment - Available
5,995 sq ft
557 sqm
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