Large Multi-Let, 3 Storey Detached Property
Accommodation
The property provides the following approximate gross internal floor areas.
Ground Floor - 4,870 ft2
First Floor - 4,870 ft2
Unit 1 - TBC
Unit 2 - TBC
Total - TBC ft2
Terms
The guide price for the investment is £1.25million
The tenancy information is as follows:
GROUND FLOOR
Tenant - Bullion Prestige Limited 6 years from 1st May 23.£30k Pa + Vat. Rent Review 1st May 26. Tenant Break Option 1st May ‘26. £15k Rent Deposit.
FIRST FLOOR
Tenant. Air Athletics Cheer and Dance Community Interest Co Ltd 5 years from 1st Sept’ 23.£13k Pa+Vat year 1, £14k Pa+. Vat year 2 , £15k Pa+ Vat year 3. Rent Review and Tenant Break option 31st August ‘26.
UNIT 1 LOWER GROUND FLOOR
Tenant Pro Autocare Ltd. 5 years from 8th February ‘18.£24 k+Vat from 8th Feb’ 23 increasing to £26k+Vat from 8th Feb.24. Rent Review on 7th Feb.’26
UNIT 2 LOWER GROUND FLOOR
MJW Vehicle Repairs Ltd. 5 years from 1st Sept. ‘23. Year1 £13,000+Vat, Year 2 £14,000+Vat ,Year 3 £15,000+ Vat. Rent Review and Tenant break option 31st Aug ‘26.