2,966 sq ft
For Sale
Industrial / Warehouse / Investment
Property Type | Industrial / Warehouse / Investment |
Tenure | For Sale |
Size | 2,966 sq ft |
Price | £495,000 |
Business Rates | £4.21 per sq ft |
Energy Performance Rating | This property has been graded as E (119) |
The premises are located between Loverock Road and Portman Road on the well-established and popular Battle Farm Trading Estate . J's 11 and 12 of the M4 are each within 5-miles providing access to London, Heathrow Airport and the national motorway network.
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An end terrace unit of steel frame construction under a metal roof incorporating translucent roof panels and with approximately 20 parking spaces.
- Open plan warehouse
- 3-phase power
- 4.5mW x 4.4mH concertina loading door
- 4.2m min eaves height
- 5.2m max eaves height
- Concrete floor
- Excellent parking with up to 20 spaces
- Kitchenette and WCs
- Let to Motorrific Limited
- 7-year lease from 29th September 2024
- Mutual option to break at the end of the 5th year
- Photographic schedule of condition
- Headline rent of £38,000 per annum exclusive
- Rent free period stepped over first 4-years as follows: (Yr1 £30,000 pax, Yr2 £32,000 pax, Yr3 £34,000 pax and Yr4 £37,000 pax.
- Upward only rent review at end of 5th year.
- Outside of the Security of Tenure Provisions of the Landlord and Tenant Act 1954.
A copy of the lease is available on request.
Freehold offered for sale with the benefit of the lease and rental income.
To comply with Anti Money Laundering regulations, Haslams Surveyors LLP undertake ID checks for all successful purchasers and tenants where legislation requires us to do so.
Please contact the sole agent for further information or an appointment to view.