The property comprises a stone built former farm house and rear barn adapted to provide office accommodation with associated parking areas.
The property is to be sold with the exiting tenants in situ, who we understand occupy by way of a 10 year lease from March 2016 at an initial rental of £42,000 per annum. A copy of the lease is available on request.
Internally the property offers a modern standard of office accommodation. The farm building comprises a reception area together with board room, private office and kitchen to the ground floor with a central staircase leading to an open plan first floor office area.
The barn building comprises open plan ground and first floor areas with an office partition to the rear together with ancillary kitchenette and store facilities. Both buildings are installed with WC facilities.
The property is accessed via a driveway with parking for circa 15 cars. Please note, we understand a public right of way (foot path) passes over part of the driveway entrance to the site before diverting to the right and around the perimeter.
The property is to be sold with the benefit of the existing tenants in situ.
We understand the tenants occupy by way of a 10-year lease from 24th March 2016 until 23rd March 2026. Initial rent of £42,000 per annum with the following fixed increases:
A fixed increase on 24th March 2021 to £44,000 per annum and a fixed increase on 24th March 2024 to £46,000 per annum.
We understand the lease includes a tenant only option to break on the 5th anniversary of the term, subject to 6 months prior notice. A copy of the lease is available on request.
- Well-Appointed Modern Offices
- Attractive Location Within Whittle-Le-Woods
- Let by way of a 10-year FRI Lease from March 2016 at a Passing Rental of £42,000 per annum, subject to fixed increases.
- Existing Tenants Unaffected by Sale