FOR SALE - A Rare Investment Opportunity To Acquire

Report 1 Downloads 41 Views
FOR SALE - A Rare Investment Opportunity To Acquire A Modern Trade Counter Unit

Bedford Town Centre approx. 3.1 miles

Fast Access to the A421 Bedford Bypass, A428 and A6

Bedford Railway Station approx. 3.3 miles Trade Counter/Showroom, Offices, Single & 3 Phase Electrics, Up & Over Loading Door, Ladies & Gents WC Facilities, Kitchenette

15 On Site Parking Spaces and Delivery Area

Eaves Height: 5.70 Apex Height: 6.85

4,102 SqFt (381.08 SqM) 9 Railton Road, Wolseley Business Park, Woburn Road Industrial Estate Kempston, Bedford,

Long Leasehold Interest – The residue of a 999 year lease dated 5th January 1990 Offers in excess of £350,000 exclusive Rental income of £25,500 per annum exclusive

Location • The

property is situated on Wolseley Business Park which is located on the Woburn Road Industrial Estate Kempston • The estate is situated adjacent to the A421 Bedford Bypass close to the junction with the A428

Specification

Terms

• Trade Counter/Showroom • Open Plan Offices • Single & 3 Phase Electrics • Up & Over Loading Door • Ladies & Gents WC Facilities • Kitchenette • On Site Parking & Delivery Area • EPC Rating – C (63)

Description Floor Area (Gross Internal Area) • The

property comprises of a modern end terrace warehouse/trade counter unit constructed of a steel portal frame with insulated profiled steel elevations and roof • Internally there is a trade counter/showroom area, offices, ladies and gents wc's, and kitchenette • Access is via an up and over loading door • The tenant has installed a mezzanine storage floor • Externally there is allocated parking for 15 cars and a delivery area • The premises fronts onto the A421 Bedford Bypass • The accounts for Wolseley UK Limited for year ending 31/07/2017 show a turnover of just under £1,887 million (GBP)and a pre-tax profit of £58.356 million (GBP) The profit for the year being £57.362 million (GBP)

The property has been measured in accordance with the RICS Property Measurement Standards (Second Edition) Ground Floor:

381.13 SqM

Leasehold for sale – Offers in excess of £350,000 exclusive • Service Charge: Applicable • VAT: Applicable at the appropriate rate • The property is held on a 999 year lease dated 5th January 1990. The premises are underlet to Wolseley UK Limited on a 10 year full repairing and insuring underlease from 3rd March 2018 at a passing rent of £25,500 per annum exclusive. There is a rent review at the end of the 5th year and a tenant only Option to Determine the lease on 03/03/2023 by providing no less than 6 months notice in writing • Long

4,102 SqFt

Areas quoted are approximate and should not be held as 100% accurate.

Misrepresentations Act: Kirkby Diamond LLP for themselves and for the vendors, whose agents they are, give notice that these particulars are set out as a general guide only and do not constitute any part of any offer or contract. All descriptions, dimensions, reference to condition and the necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but interested parties should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Kirkby Diamond LLP has any authority to make or give any representation or warranty whatever in relation to this property. Kirkby Diamond LLP (Registration No OC420194) is authorised and regulated by the Royal Institution of Chartered Surveyors. Kirkby Diamond is a trading name of Kirkby Diamond LLP.

Business Rates • Current

Rateable Value: £22,750

Interested parties are advised to make their own enquiries.

Viewing Andrew Clarke 01234 905130 [email protected]