Commercial Property Experts

0116 254 1220 | info@andash.co.uk

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Single-Let Industrial Investment with Strong Tenant Covenant

For Sale: £3,150,000 for the Freehold

Passing rent: £250,000 PAX (£6.17 psf)

Low capital value of £65.31 psf

7.5% Net Initial Yield

Upcoming 2027 rent review

Good road links (A46/A47/M1/M69)

Popular industrial estate

A substantial detached HQ-style industrial and office premises occupying a prominent position within a circa 2-acre self-contained corner plot, secured by way of perimeter fencing and an electric gated entrance, currently occupied by Watches of Switzerland.

Access is provided via a glazed frontage to the north elevation with automatic entry doors leading into a modern reception area, which acts as a thoroughfare between what is effectively two separate sections of the building, the warehouse to the right-side and three-storey office building to the left.

The warehouse is of steel-portal frame construction with profile sheet clad elevations, providing unencumbered accommodation of rectangular proportions with an eaves height of 5.5m, fitted with suspended LED strip lights, gas blower heaters, and vinyl covered solid concrete floors, with mezzanine in-situ providing an additional storage area. Loading access provided by way of an electric roller shutter door to the rear elevation.

Office accommodation is situated over three floors of equal rectangular dimensions, offering a mix of open-plan and private offices throughout with multiple boardrooms. The general presentation is to a modern standard with suspended ceilings, inset lighting, carpeted raised access floors, climate cooling, and plastered and painted wall finishes. A passenger lift services all floors in addition to staircases to the front and rear. WCs and staff breakout areas are provided to all floors.

All services are in-situ to include gas, water, and three-phase electrics. Externally, two interlinked areas provide 96 marked parking spaces, with additional yard area facilitating the loading provision.

*Internal photos are limited in the interests of security for the tenant.

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