0 Bedroom Commercial for sale in Midlands, England for Guide Price GBP £2,250,000

Previous Photo

Next Photo

Marketed by

Interested in this property?

Or call the agent on

01531 634 648

John Goodwin - Ledbury (Sales)

Refine your search

Sales Rentals

Location

Property Type

Minimum Price

Maximum Price

Minimum Bedrooms

Property Details

Features

A Valuable Industrial Investment Comprising Three Detached Modern Industrial Buildings Offered For Sale Subject To Ongoing Tenancies
Vacant Site With Consent For Further Development. Total Site Area Approx. 2.7 Acres Total Income £127
000 Per Annum Exclusive. Available As A Whole Or Individual Units.

A VALUABLE INDUSTRIAL INVESTMENT COMPRISING THREE DETACHED MODERN INDUSTRIAL BUILDINGS OFFERED FOR SALE SUBJECT TO ONGOING TENANCIES, VACANT SITE WITH CONSENT FOR FURTHER DEVELOPMENT.

TOTAL SITE AREA APPROX. 2.7 ACRES

TOTAL INCOME £127,000 PER ANNUM EXCLUSIVE.
AVAILABLE AS A WHOLE OR INDIVIDUAL UNITS.

Contact Ledbury Office

£2,250,000 (plus VAT)

Location & Description:
A valuable industrial investment opportunity situated on the outskirts of the town of Ledbury with easy access to the bypass.

The site comprises 3 individual units constructed within the last 5 years, each of which are subject to ongoing tenancies. In addition there is a vacant site on which planning consent has previously been granted for a unit of approximately 8,000 sq ft. Alternatively it is considered likely that consent would be forthcoming for two individual units.

Ledbury is a busy and expanding country town with good communications by road and rail. The three cities of Hereford, Worcester and Gloucester are each approximately 16 miles and the M50/M5 motorway network is available 4 miles to the south of the town. The town has the benefit of a railway station with mainline connections to Birmingham and London.

UNIT 1, LYNDEN BUSINESS PARK:
A well appointed factory unit offering in total approximately 14,000 sq ft comprising 11,000 sq ft of factory space and 3,000 sq ft of high specification offices laid out on two floors.

The premises were constructed in 2006 and incorporate generous parking and loading areas with twin roller shutter doors to the main factory.

Lease
The premises are let to Samuel Hodge Ltd for a term of 15 years commencing June 2006. The lease is on FRI terms with rent reviews every 5 years. The tenant has an option to break after 5 years (subject to a 2 year rent penalty) and after 10 years (subject to a 1 year rent penalty). Rent £70,000 per annum exclusive (plus VAT).

UNIT 4, LYNDEN BUSINESS PARK:
A detached unit constructed in 2002 extending in total to approximately 4,500 sq ft. Parking and loading area.

Lease
The premises are let to LDA Meats Ltd for a term of 20 years commencing July 2002. FRI terms. Rent reviews every 5 years. Rent £24,500 per annum exclusive (plus VAT).

UNIT 5, LYNDEN BUSINESS PARK:
Detached factory premises constructed in 2003 extending in total to approximately 6,500 sq ft. Parking and loading area.

Lease
The premises are let to Flights Orchard Organics Ltd for a term of 16 years commencing July 2006. FRI terms. Rent reviews every 5 years. Rent £32,500 per annum exclusive (plus VAT).

DEVELOPMENT SITE:
The sale includes a vacant area of land which has previously had the benefit of outline planning consent for the construction of premises extending to approximately 7,500 sq ft either as a single unit or as two units.

SERVICES
Mains services are understood to be available. This information has not been checked with the respective service providers and all interested parties may wish to make their own enquiries with the relevant authorities. No statement relating to services or appliances should be taken to infer that such items are in satisfactory working order and intending purchasers are advised to satisfy themselves where necessary.

TENURE
The property is freehold and offered for sale subject to the ongoing tenancies as described.

VIEWING
Strictly by appointment only to be made through the Agent's Ledbury Office (Tel. 01531 634648)

OUTGOINGS
Unit 1 - Rateable value £58,000
Unit 4 - Rateable value £21,750
Unit 5 - Rateable value £24,250

VAT
The sale price will be subject to VAT at the current rate.

PRICE
£2,250,000 (plus VAT)

View Location on Map

Please wait whilst the map loads...

- indicates the approximate location of the property

(~6.8 miles) Malvern
(~12 miles) Hereford
(~13.6 miles) Worcester
(~14.5 miles) Gloucester
(~17.3 miles) Cheltenham
(~21.5 miles) Stroud
(~23.9 miles) Kidderminster
(~24.4 miles) Bromsgrove
(~26 miles) Redditch

Enquire about this property

This enquiry will be sent directly to John Goodwin - Ledbury (Sales)

Required fields are marked with an asterisk (*)

Subject *

First Name *

Last Name *

Email Address *

Telephone *

Enquiry *

Enter any questions you have below

Please send me further information on:

Do you want to pay zero stamp duty?

Value my property for sale

Please read our Terms & Conditions before submitting your enquiry.

Disclaimer: Property Reference: 200022912 This listing is a property advertisement. PropertyIndex.com does not control the content of the advertisement and makes no warranty as to the accuracy or completeness of the advertisement, or any associated or linked information. This property advertisement does not constitute property particulars. The information is maintained by John Goodwin - Ledbury (Sales). Please contact the owner, selling agent or developer directly to obtain any information.

Back to results