Property for sale

FOR SALE BY ONLINE AUCITON ON TUESDAY 20TH JANUARY
TO REGISTER FOR LEGAL PACKS ANDBIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE

Light industrial facility extending to around 17, 140 sq/ft (1,592 sq/m) part let producing around £31,000 pa

This substantial former fish house has accommodation over three floors extending to over 17,000 sq/ft. Over thirty years ago the building was split into a variety of workshops, studios and stores. It is part let, part vacant and currently seven units are let producing around £30,799.68 pa.

The property occupies a prominent corner position at the junction of Admiralty Road, Sutton Road with Middle Road East.

It is close to the outer harbour, new Herring Bridge river crossing and the renewable energy business park.

An exciting investment opportunity with scope to generate further income from the vacant areas.

Business Rates According to the valuation website the units are individually rated.
Further information at Letting Schedule Ground floor
Unit 1 let to Discount Sheds at £500 pcm (£6,000 pa)
Unit 2 let to Lease Furnishings at £400 pcm (£4,800 pa)
Unit 3 previously at £400 pcm (£4,800 pa) currently vacant
Unit 4 let to Stalwart Safety at £266.64 pcm (£3,199.68 pa)
Unit 5 let to Supalign Construction at £600 pcm (£7,200 pa)

First floor
Unit 6 let to Anglian Studios at £100 pcm (£1,200 pa)
Unit 7 let to Crunch Musician at £400 pcm (£4,800 pa)

Second floor
Unit 8 let to a camera and security business at £300 pcm (£3,600 pa)

Tenure: Freehold

Administration Fee: £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.