Agent Details

Hugo Beresford

Salloway Property Consultants

Unit 8, Parker Industrial Estate, Mansfield Road, Derby, Derbyshire

5995 SqFt

Freehold


Freehold £550,000

Description

The property comprises an end of terrace industrial unit of steel portal frame construction with facing brick lower elevations and insulated cladding to the upper elevations and roof.
Internally, the property provides open plan industrial accommodation with a minimum working height of c. 4.4m (to the underside of the eaves haunch), benefiting from a concrete floor, blockwork walls, translucent roof lights and automatic roller shutter loading doors on the front and side elevations measuring c. 3.5m (width) by 4.1m (height) and c. 2.7m (width) by 2.2m (height) respectively.
To the front of the premises there are a pair of two storey office blocks which provide well-presented office accommodation together with kitchen and w/c facilities.
Externally, to the front of the building, there is loading space together with parking provisions for approximately 4 vehicles.
To the side, there is an enclosed and secure yard area which houses a small external store and allows for additional parking, loading and surface storage space.


Key features

  • Total Gross Internal Area of 556.95 sq.m. / 5,995 sq.ft. with External Store of 19.21 sq.m. / 207 sq.ft.
  • 4.4m eaves height.
  • Front and Side loading doors.
  • Let by way of a full repairing and insuring lease.
  • Rental income of £42,000 per annum.
  • Sale price reflects a net initial yield of c. 7.3% after purchaser's costs.

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