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Light Industrial for sale

Old Hall Mill Business Park, Alfreton Road, Little Eaton, DE21 5EJ

Leasehold £180,000
4,823 sq. ft.

Property Description

Commercial information

  • 4,823 sq ft (448 sq m)

Full description

Tenure: Leasehold

The premises are situated within Old Hall Mill Business Park, off Alfreton Road, within the village of Little Eaton. The position is convenient for the A61 and A38 trunk road, which in turn provides a connection to the city of Derby, approximately four-miles travelling distance to the south, and to the A52 and M1 motorway.

The property is a mid-terraced industrial unit of steel portal-framed construction, with brick infills under a profile sheet clad roof. The unit has the benefit of loading access doors to the front elevation, with suspended gas-fired warm space heating, fluorescent strip lighting, and has the benefit of an office and amenity area, together with a 'bar' area, kitchen and WC.

The property is currently leased to Shiny Brewery Company Limited, and is held as an investment.

The property has a gross internal area (GIA) of 4,823 sq. ft./448 sq. m. or thereabouts.

We understand that mains gas, electricity, water and drainage are all connected to the property.

We understand from our enquiries of the VOA website, that the property is assessed for non-domestic rating purposes as follows: -

Workshop and Premises - RV 16,750

The premises are held on a 999-year ground lease, (less 5 days), at a peppercorn rent with effect from 1st May 1985, expiring on 25th April 2984.

The premises are under-let to Shiny Brewery Company Limited (Co. Reg. No. 07946552) for a term of 10 years with effect from 29th June 2015, at an initial rent of 15,000 (fifteen thousand pounds) per annum.

The under-lease is drawn upon full repairing and insuring (FR&I) terms, with the exception of the roof, and repairs are limited by way of a schedule of condition.

The tenants have the benefit of an option to determine the lease on 28th June 2020, subject to providing not less than 6-months written notice.

180,000 (one hundred and eighty thousand pounds) for the benefit of the long-leasehold interest.

EPC Rating - 95
EPC Band - D

A copy of the certificate is available on request.

Please note that this is an operational brewery, and no viewings are permitted without prior approval and legal authority, which can be arranged through the sole agents: -

Gadsby Nichols
Tel: - 01332 290390
Email: -


More information from this agent

Energy Performance Certificates (EPCs)

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