A detached purpose built office building
set over four floors with a large adjoining
car park providing 20-22 parking spaces.
Available initially as an investment with
income until March 2032, the site also has
the potential for redevelopment which
would be subject to planning permission.
TENANCY
The property is subject to the following
active Leases:
Office: Lease Due To Expire 24 March 2032
Rent of £50,000 + VAT per annum
Rent Reviews 2022 (Outstanding) & 2027.
Car Park: Lease also expiring 24 March 2032
Rent of £13,500 + VAT per annum
Rent Reviews 2022 (Outstanding) & 2027.
Current Income: £63,500 per annum exc.
CURRENT USE
Use E Under The Town and Country
Planning (Use Classes) (Amendment)
(England) Regulations 2020
PLANNING
Potential for redevelopment, subject to
planning permission.