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Eastwood End

11,068 SF 100% Leased Industrial Building March PE15 0PU £350,000 (£32/SF)

Executive Summary

The property is currently divided into four self-contained units, each with WC facilities, with a further communal storage area at the rear, which offers scope for further development of the site.
The property is offered for sale freehold as a whole, subject to the existing tenancies. All units with the exception of Unit 3 and Unit 7 are currently occupied. Current total rental income is £11,260 + VAT pa. Unit 3 is offered to let on a new lease on terms to be agreed.

Property Facts

Price £350,000
Price Per SF £32
Sale Type Investment
Tenure Freehold
Property Type Industrial
Property Subtype Service
Building Class C
Rentable Building Area 11,068 SF
Number of Floors 1
Year Built 1986
Parking Ratio 0.45/1,000 SF

Amenities

  • Yard
  • EPC - C
  • Storage Space

Utilities

  • Water
  • Sewer

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • BP Recycling Ltd
  • -
  • 2,550 SF
  • -
  • -
  • Jun 2015
  • Daniel Martin
  • -
  • 1,269 SF
  • -
  • -
  • Jul 2017
  • Eco Windows & Conservatories
  • -
  • 2,400 SF
  • -
  • TBD
  • Jun 2014
  • JSJ Aluminium Systems Ltd
  • -
  • 2,700 SF
  • £2.27
  • -
  • Nov 2016
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
BP Recycling Ltd - 2,550 SF - - Jun 2015
Daniel Martin - 1,269 SF - - Jul 2017
Eco Windows & Conservatories - 2,400 SF - TBD Jun 2014
JSJ Aluminium Systems Ltd - 2,700 SF £2.27 - Nov 2016
  • Listing ID: 26137112

  • Date on Market: 23/01/2014

  • Last Updated:

  • Address: Eastwood End, March PE15 0PU

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