Woodhouse Station Enterprise Centre, Mansfield, NG19 9NZ
£186.99 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,230 sq ft
114 sq m
- SECTOR
Office for sale
- USE CLASSUse class orders: Class E
E
Key features
- Office investment / owner occupier opportunity set within secure gated compound.
- Net internal building area 114 sq m (1,230 sq ft).
- Income producing.
- Opportunity to increase the rents.
- Good location with easy access to the A617, A38 & A60.
Description
The property is located within Mansfield Woodhouse, a market town which serves a population of c. 18,500 persons, and sits approximately 1 mile north of Mansfield.
Mansfield Woodhouse has a wealth of local amenities and is well located to provide easy access to the A617, A38 and the A60, providing access to wider conurbations and J28 / J29 of the M1 motorway.
DESCRIPTION:
The property is currently used as cellular 'starter' offices operated on flexible terms and almost at full occupation. Each office has its own independently metered electricity supply.
The property is set within a secured gated compound and the offices have the following features:-
- uPVC double glazed windows
- Security shutters
- Fire and intruder alarms
- Electric heating & air conditioning
- Separately metered
- External overnight car park lighting
Externally, the property has seven allocated spaces for the office occupiers plus two visitor spaces.
ACCOMMODATION:
See tenancy schedule on page 2 of the brochure.
LEASE INFORMATION:
We understand that the current tenants are all on flexible leases and are contracted outside of the Landlord and Tenant act 1954.
TENURE:
Freehold.
PRICE:
The property is available to purchase at a price of:-
£230,000 Freehold
Assuming purchaser's costs of 2.50%, this shows a net initial yield of 7.64%, when fully let at the ERV.
PLANNING:
E: (Commercial, Business & Service) (Offices).
In addition, the property also benefits from the ownership of the land between the Enterprise Centre and Debdale Lane which (subject to obtaining the necessary planning permission) could be developed.
VAT:
Vat is not applicable to the purchase price and we anticipate the sale to proceed as a TOGC.
EPC:
B - 40
CLICK LINK BELOW FOR BROCHURE
Brochures
Woodhouse Station Enterprise Centre, Mansfield, NG19 9NZ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Mansfield Woodhouse Station0.1 miles
- Mansfield Station1.4 miles
- Shirebrook Station2.9 miles
About HEB Property Consultants, Nottingham
Apex Business Park Ruddington Lane, Nottingham, NG11 7DD
heb Property Consultants are one of the region’s leading practices of Chartered Surveyors that specialise in all aspects of commercial property. We are a multi-discipline consultancy and our clients range from corporate companies and pension funds to small property trusts and individuals, we also provide various services to local authorities and charities.
Our ethos is based around core principles of strong communication with our clients, partner led services and a commitment to both cr
Notes
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