Unit 3, Wharton Place, Foxby Lane, Gainsborough, DN21
£128.17 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,560 sq ft
145 sq m
- SECTOR
Light industrial facility for sale
Key features
- Investment Opportunity
- 1,560 sqft
- £199,950+vat
- NIY of 6.7%
- 5m Eaves height
- 5 year lease at £13,500+vat per annum exclusive
- 3rd year break option
Description
DESCRIPTION
The Property has been let on a new 5 year FRI lease, at an annual rent of £13,500+vat per annum exclusive, giving a 6.7% NIY or thereabouts. The lease contains a break option provision at the end of the 3rd year.
SITE LOCATION
Wharton Place will be conveniently located on Foxby Lane Business Park in Gainsborough's prime commercial district, with easy access to the A1, M180 and A15 road networks and is only a 35 minute drive from both Lincoln city centre and Doncaster airport.
WHARTON PLACE
Wharton Place is a brand new gated development by reputable regional developer Stirlin. The site comprises 10 Brand new business units ranging in size from 1,302 - 2,538 sqft.
SERVICES
Mains electricity and water are available to the property. None of the services have been tested and interested parties are advised to satisfy themselves in the regard.
LEGAL COSTS
Each party will be responsible for their own legal costs.
VIEWING
Viewing is strictly by appointment with the sole agents:Jamie Thorpejthorpe@pygott-crone.com
Brochures
Unit 3, Wharton Place, Foxby Lane, Gainsborough, DN21
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Gainsborough Lea Road Station0.6 miles
- Gainsborough Central Station1.0 miles
Notes
Disclaimer - Property reference 10603067. 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 PYGOTT & CRONE COMMERCIAL, Lincoln. 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.
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