Distribution Warehouse for sale

Haigh Avenue, Whitehill Industrial Estate, Stockport, SK4

5,250 sq. ft. | £350,000

Property Description

Commercial information

  • 5,250 sq ft (487 sq m)
  • Use class orders: B1 Business, B2 General Industrial and B8 Storage and Distribution

Key features

  • LET TO EXTREMELY STRONG COVENANT
  • 10 YEAR LEASE WITH 5 YEAR TENANT OPTION TO BREAK
  • PRODUCING 30 000 PER ANNUM
  • LOCATED IN POPULAR TRADE LOCATION

Full description

Tenure: Leasehold

LOCATION:
From Mersey Square in the centre of Stockport travel towards Manchester along the main A6 Wellington Road North. After a short distance and at the traffic light junction at Belmont Bridge, turn right onto Belmont Way and at the roundabout junction at Lancashire Hill take the first exit onto Manchester Road. After approximately half a mile, turn right at the next set of traffic lights onto Whitehill Street West and first left onto Haigh Avenue. The property is located after a short distance on the left hand side, close to the junction of Haigh Avenue and Hammond Avenue.

The Whitehill Industrial Estate is a popular industrial location and the premises have the benefit of being located within two miles of the centre of Stockport and the M60 motorway.

DESCRIPTION/CONSTRUCTION:
Comprising a detached single storey industrial/warehouse building. The property has a steel trussed roof together with full height brickwork elevations. To the front of the property there is an office/amenity block.

Parking is available immediately to the front of the premises and a driveway to the left hand side of the building provides access for loading and unloading. There is an enclosed yard immediately to the rear of the property.

ACCOMMODATION:

Office Section:
771 sq.ft. (71.6 sq.m.) The accommodation is sub-divided to provide a reception area, two offices together with ladies and gents toilet facilities.

Industrial/Workshop Bay:
4,479 sq.ft. (416.1sq.m.) comprising open plan area incorporating a toilet and kitchen.

To the side elevation there is a loading door which provides a maximum opening of 13'6". The property has a minimum eaves height of 10ft.

Rear Yard:
4,500 sq.ft. (418 sq.m.) or thereabouts. Surface land fully enclosed providing storage/vehicle parking area.

SERVICES:
Mains services are available to the property including three phase and single phase electricity, water and drainage.









RATEABLE ASSESSMENT:
For information relating to the Rateable Value go to:-
www.voa.gov.uk

TENURE:
The property is subject to a ground lease from Stockport MBC. We understand that the ground rent will be reviewed at 5 yearly intervals.

THE INVESTMENT:
The property is let on a full repairing and insuring lease from the 7th August 2015 for an unexpired term of 10 years. The lease is subject to a tenant's option to break on the 5th anniversary of the term. The property is let to Manchester Brick and Precast Ltd who are wholly owned subsidiary of Ibstock Brick Ltd. Ibstock Brick Ltd are Britain's largest and oldest brick maker. For the year end 2014 they made a turnover of 240,443,000 with profit after tax of 17,765,000.

PRICE:
350,000 subject to contract.

VIEWINGS:
Viewings will be undertaken strictly by appointment with the Agents IMPEY & COMPANY on 0161-477-0444.

WEB SITE:
Visit Impey & Company web site at:
www.impey.co.uk

POSSESSION:
Possession is available upon completion of the legal formalities.

IMPORTANT NOTE:
i) It should be noted that all prices and rentals quoted within these details are exclusive of Value Added Tax.

ii) An EPC will be provided as soon as it is available.

iii) The Code of Practice on Commercial Leases in England and Wales strongly recommends that a prospective tenant obtains professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through the web site:
www.bpf.org.uk

PLEASE NOTE: Impey & Company Limited for themselves and for the vendors or lessors of this property whose agents they are give notice that (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract (ii) all descriptions, dimensions, reference to condition and necessary permission for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. (Iii) no person in the employment of Impey & Company Limited has any authority to make or give any representation or warranty whatever in relation to this property.


More information from this agent

Nearest stations

  • Heaton Chapel (0.6 mi)
  • Reddish South (0.7 mi)
  • Brinnington (1.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Impey & Company Limited, Office & Industrial

88 Lower Hillgate, Stockport, SK1 3AL

0161 468 1485 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Heaton Chapel (0.6 mi)
  • Reddish South (0.7 mi)
  • Brinnington (1.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Impey & Company Limited, Office & Industrial

88 Lower Hillgate, Stockport, SK1 3AL

0161 468 1485 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference HaighAVCooke. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Impey & Company Limited, Office & Industrial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.