Property type: Investment/Development
Freehold Investment For Sale £1,400,000.00 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 for a term of 6 years from December 2017 at a rent of £72,000 p.a.x. with a break clause December 2020 . 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.
A sale price is sought in the region of £1.4 million (VAT might be applicable although should be able to be treated as a TOGC).
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.