Total Rental Income Currently £28,370 Per Annum. Tenants holding over.
Approximately 10,444 square feet GIA.
Freehold.
Existing Tenants Unaffected By The Sale.
The property comprises of an amalgam of three integrated industrial warehouse units at 16, 18 and 20 Grimrod Place, together with a two-storey office block at 20a Grimrod Place and a standalone clad unit at 16a Grimrod Place, together with associated yard and parking areas. The Portacabin unit situated to the front of the
premises is in a dilapidated condition, notwithstanding, we understand by way of Planning Application 1999/0938 consent was obtained for it being sited in this position.
The two-storey office building at 20a is found to the front of the warehouse units with clad elevations incorporating ground and first floor fenestration under a flat roof. The side elevation to the office also provides security lighting for the parking area. The typical specification internally is carpet floor coverings, painted and plastered walls and comprises two private offices, a larger staff office, reception and ancillary store, kitchen and WC facilities.
The industrial units comprising 16, 18 and 20 Grimrod Place extend to the front of the site, 18-20, adjoining which, there is a larger unit with access/egress following around to the side of the site, 16.
The units are contained within a larger single storey building of brick and clad elevations, under a flat felt covered roof, with approximately 4 metres of internal height. Towards the rear of the site, there is a standalone fully clad unit with a roller shutter, which we understand is currently used as a spray booth by the adjacent occupier.
The remainder of the site is made up with associated yard and parking for approximately 20 cars to a tarmac covered area. Access to the side of the site we understand is by way of an adopted road and outside the ownership, see Land
Registry entry. There is a metal security gate on the main entrance with metal perimeter mesh fencing and some established borders.