The Old Bakery, Lower Gower Road, Royston, SG8 5EA

£1,850,000

Size

26,695

Tenure

Freehold

EPC

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Parking

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Primary use
Distribution warehouse
Other use(s)
Other

Key features

  • 7 Self contained commercial units
  • Currently producing £102,000 per annum
  • Potential income of £132,000 per annum
  • 1 mile from the A10 & A505
  • Less than 30 miles from the M25
  • 0.2 miles from Royston Railway Station

Description

The site presents an extremely rare opportunity to acquire 7 commercial units within a self-contained estate with various asset management and long-term development prospects. Our client owns 7 out of the possible 9 units. The portfolio is currently income producing £114,000.00 per annum exclusive with a potential income of £132,000.00 per annum subject to the vacant unit being occupied.

Unit 1 - Currently producing £12,000 per annum, lease expires 1 January 2030
Unit 5 - Currently vacant
Unit 6 - Currently producing £30,000 per annum, lease expires 1 January 2031
Unit 7 - Currently producing £12,000 per annum, lease expires 20 March 2028
Unit 8 - Currently producing £12,000 per annum, lease expires 31 August 2028
Unit 9 - Currently producing £18,000 per annum, lease expires 18 August 2031
Units 10 & 11 - Currently producing £30,000 per annum, lease expires 1 January 2030

The site is located on Lower Road in Royston 0.2 miles away from Royston Railway Station within a recognised light industrial site. The site is strategically located with excellent access to the A1, A10 and A505 network providing access into Cambridge. Central London is 48 miles.
Additional information
Clear height
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Yard depth
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Service charge
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Business rates
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Use class
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Listed building
No
Business for sale
No
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

The Old Bakery, Lower Gower Road, Royston, SG8 5EA

NEAREST STATIONS

National Rail

Royston Station

0.23 miles

National Rail

Meldreth Station

2.81 miles

National Rail

Ashwell & Morden Station

4.05 miles

About DCPC Commercial, Pinner

DCPC Commercial, Pinner

David Charles Property Consultants was established in 1994. Based in Pinner in North West London, we are a firm of Chartered Surveyors offering friendly commercial property company to companies across the country. We pride ourselves on building strong, positive relationships with all of our clients and put honesty, integrity and professionalism at the heart of everything we do. To discuss any commercial property matter, whether this be a disposal, acquisition or lease event please do not hesitate to get in touch with a member of our agency team today on 020 8866 0001 or via enquiries@davidcharles.co.uk

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Disclaimer - Property reference 337301-1. 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 DCPC Commercial, Pinner. 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.