Property type: Investment/Development
Freehold Investment For Sale £1,300,000.00 offers in the region of, subject to contract
Of interest to property investors. Industrial premises used for car repairs servicing and MOT’s in the popular Galleymead Road Estate close by to Heathrow Airport’s Terminal 5 and Cargo Terminals and the M25 (junction 14) M4 (junction 4) intersection. Freehold for sale. Brief details as follows:
A detached concrete framework light industrial unit with a pitched roof brick wall elevations double loading bay, offices / staff room and forecourt together with a rear workshop used primarily as a spray and preparation booth. The main workshop has an inspection pit. A yard is situated to the side of the main workshop.
Approximate Gross Internal Floor Areas
Workshop 3,875 sq.ft.
Reception / office and staff room 808 sq.ft.
Additional Workshop 2,196 sq. ft.
Total 6,879 sq. ft.
Side yard 1,420 sq.ft.
The premises are let to Heathrow Service Centre Ltd for a term of 10 years from 19th September 2011 at aren’t of £72,000 p.a.x. subject to an outstanding rent review as of September 2016. The user clause is as an MOT Testing station, for vehicle repair and servicing or for any other uses within Class B1, B2 and B8. The Landlord is responsible for ensuring the roof is watertight. The Tenant’s repairing obligations are subject to a schedule of condition.
A sale price is sought in the region of £1.3 million (VAT might be applicable).
EPC: To be confirmed.
Contact the sole selling agents for more information and appointments to view.
Christopher Thomas or Ed Mason Tel: 01753 839390 or e mail email@example.com
All prices and floor areas are for guidance only, subject to contract and financial status.