Freehold Industrial investment for sale - Guide Price £875,000.00.
The property is let for a 5 year term commencing 16th May 2022 at a rental of £45,600 p.a. + VAT. The lease is drafted outside of The Landlord and Tenant Act 1954 and contains a mutual option to break on the 16th November 2024 at 6 months prior written notice. There is a Rent Review also on 16th November 2024.
The building is semi-detached and of brick construction with two floors of offices to the front, along with male and female toilet facilities, plus a kitchen.
The main single storey warehouse measures 1680 sq ft and has a maximum eaves height to apex of 18'9". There is a further two storey warehouse to the rear of the building and on site parking is provided for 4/5 cars. Central heating & three phase electricity are installed.
The property is elected for VAT.
Please view by appointment only and do not disturb the current tenants.
The premises fall within EPC band D.
Location
Situated on the popular Hersham Trading Estate, only a very short walk from Hersham mainline station, which has a 28 minute journey time to Waterloo. There is a Tesco Local at the end of the estate and a cafe also opposite the station. Hersham centre with Waitrose, Lidl and Costa Coffee is a very short drive or cycle away, whilst junction 10 of the M25 is some 4 miles distant.
Accommodation
Approximate GIA of 4,660 sq ft
Terms
Tenure: Freehold
Price/premium: £875,000
Rent: £45,600 Per annum
Rent details: Excluding VAT.
Legal fees: Each party to bear their own
Rateable value: The VOA website states a R.V. of £21,500
Lease Details - 5 years from 16th May 2022
Specification
- Close to station
- Commercial investment
- Freehold
- Fully let
- Popular trading estate
- Viewings by appointment only
- 3 phase electricity