FRI Lease expiring 28/02/2033 (9.4 years unexpired)
Passing rent of £151,313 pa (£6.20 psf)
Upwards only Open Market Rent Review 01/03/2028
Offers over £1.899m (exclusive of VAT)
NIY of 7.5% allowing for purchaser's costs and LBTT of 6.19%
Overview
The property is a stand-alone industrial /distribution facility of steel portal frame construction with ancillary single storey accommodation to the East elevation providing reception areas, staff facilities and office space.