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Dongan Road, Warwick

£150,000

£150.75 per sq ft

Business rates & charges may apply

Sheldon Bosley Knight, Warwickshire
SIZE AVAILABLE

995 sq ft

92 sq m

SECTOR

Warehouse for sale

Key features

  • 92.44m² (995ft²) GIA
  • Fantastic location and investment opportunity
  • Passing rent £9,000 per annum.
  • Gross yield 6%

Description

*Industrial investment* The property is let to The Boardman Ltd on a full repairing and insuring lease for a term expiring December 2031, with a passing rent of £9,000 per annum

Location - Situated in the well-established Cape Industrial Estate in Warwick, 9 Dongan Road occupies a position within a cul-de-sac off Cattell Road benefitting from a mixed setting of light industrial, warehouse and commercial uses alongside neighbouring residential areas. It is in close proximity to Warwick town centre and has access to the north the A46 bypass and subsequently Junction 15 of the M40 motorway, making the Midlands motorway network readily accessible for logistics and commuting.

Warwick’s town centre is a short distance to the south-east providing a broad range of amenities, retail and leisure services.

Description - This is a mid-terrace low-rise modern industrial unit built in the mid-1980s. Its design incorporates a 3 metre eaves height and a roller shutter door for servicing access (2.5m wide x 2.5m high). Also benefits from two car parking spaces to the front. Internally the property is predominately open plan with staff welfare facilities and kitchen to the front.

Investment - The property is let to The Boardman Ltd on a full repairing and insuring lease for a term expiring on 24th December 2031. The annual rent is £9,000 per annum. The lease is excluded from the security of tenure provisions of the 1954 Landlord & Tenant Act. This means that the tenant will not have an automatic right to renew the tenancy at the end of this lease and represents a potential opportunity for an owner occupier in the future.

Services - This unit benefits from mains electricity, water and drainage. Prospective purchasers should make their own enquiries for continuity of services.

Planning - For all planning enquiries, please contact Warwick District Council by emailing or by calling .

Tenure - The property is held leasehold for a period of 999 years from 8th March 2002.

Energy Performance Certificate - EPC rating: 125 E valid until 26th April 2031.

Business Rates - 9 Dongan Road, Warwick rateable value from 1st April 2026 - £9,800


Qualifying businesses with a rateable value of up to £12,000 currently receive 100% relief. This relief will decrease on a sliding scale for rateable values between £12,000 to £15,000. In addition, such businesses will have their bill calculated using the small business rates non-domestic rates multiplier. Enquire at for more details.

Legal Costs - Each party to be responsible for their own legal costs associated with the transaction.

Viewing - Sheldon Bosley Knight have been instructed as the sole agent. To arrange a viewing please contact or

Important Notes - We are required by HMRC to conduct anti-money laundering checks on all parties with an interest in property and accordingly we will require forms of identification in due course.

Particulars do not constitute an offer or contract and should not be relied upon as being factually accurate, the photographs show only part of the property and the areas, measurements and distances given are approximates only. A buyer or a lessee must make their own enquiries or inspections and should not solely rely on these particulars or other statements by Sheldon Bosley

Brochures

Dongan Road, Warwick

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Warwick Station0.3 miles
  • Warwick Parkway Station1.0 miles
  • Leamington Spa Station2.2 miles

About Sheldon Bosley Knight, Warwickshire

35 -36 Rother Street Stratford Upon Avon Warwickshire CV37 6LP

Commercial agent with a coverage of West Midlands, Vale of Evesham, M5 Corridor, Cotswolds and Oxfordshire areas. We have a qualified and knowledgeable team of chartered surveyors with many years' experience in the retail, industrial, office, development land and horticultural sectors.

Notes

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Disclaimer - Property reference 34520531. 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 Sheldon Bosley Knight, Warwickshire. 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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