Property for sale
Property description & features
- Substantial Roadside Unit in a Popular Central Location
- Currently Operating as Garage Premises - Business Unaffected
- Let on a 10 year from 2018 FR&I lease at a Rent of £22,500 PA (Initial 7.5% Yield)
- Gross Internal Area Approx: 830m2 (8,935 sq ft)
- Large Private Parking Yard
GARAGE PREMISES
MAIN WORKSHOP, GROUND FLOOR STORES & OFFICES
Totaling approximately 655m2 (7,050 sq ft).
UPPER GROUND FLOOR SHOWROOM
55m2 (592 sq ft).
FIRST FLOOR STORES
65m2 (700 sq ft).
CAR PARK/YARD
Approximately 140m2 (1,500 sq ft).
TENURE
The property is held on a 10 year FRI lease from 2018, contracted out of the security of tenure provisions of the 1954 Landlord & Tenant Act. Let to ACM Ltd, backed by personal guarantee.
RENT
£22,500 per annum.
BUSINESS RATES
2017 List: £17,674.
LEGAL COSTS
Each party are to bear their own legal costs incurred in any transaction.
EPC RATING E
VIEWING
Viewing is highly recommended and is by prior appointment with the Sole Agents, Bettesworths.
Tenure: Freehold
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 11449610. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Bettesworths - Commercial.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.