Description -

The unit comprises a mid-terrace industrial building constructed with brick elevations and profile steel cladding above which are used as a plumbing and heating trade counter. The unit includes offices, warehouse and trade counter to the ground floor with an extensive mezzanine floor providing offices and additional storage accommodation.

There is a large loading and car parking area to the front of the unit.

INVESTMENT SUMMARY
The premises are currently let to Tucker French Limited for a term of 20 years from 31st July 2025 at a passing rent of £63,000 per annum. There are rent reviews on every fifth anniversary of the term to the higher of passing rent and open market value. There are also tenant break options on every fifth anniversary of the term operable with six months prior written notice. The lease is inside Part II of the 1954 Landlord & Tenant Act.

Accommodation -

The accommodation comprises the below areas measured on a gross internal area basis:

Ground Floor:
Warehouse & Trade Counter - 333.21 sq m / 3,586.70 sq ft

Mezzanine:
Offices & Stores - 228.04 sq m / 2,454.58 sq ft

Total: 561.25 sq m / 6,041.28 sq ft

Terms -

Our client seeks £895,000 for their freehold interest.

VAT is not applicable.

Rateable Value -

The Valuation Office indicates a Rateable Value as of 1st April 2026 of £48,000.

Energy Performance Rating -

The EPC rating for this property is D-94.