Thirsk Industrial Park, York Road, Thirsk, YO7 3XX

Offer in excess of

£1,134,000

Size

9,408.33

Tenure

Freehold

EPC

Parking

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Primary use
Light industrial
Other use(s)
Other

No floor / site plan

Key features

  • Let to Royal Mail Group Ltd, 10 years from 12 September 2020
  • Passing rent £75,000 per annum (£7.97 psf)
  • Freehold
  • Offers in excess of £1,134,000 Net Initial Yield of 6.25%

Description

Constructed in circa 2000, the property comprises a purpose-built industrial building with a large secure yard at the front and rear.

The building is of steel portal frame construction beneath a profiled metal sheet roof with part height brick/block and metal sheet elevations. The warehouse is served by a delivery bay from the front elevation, protected by an exterior canopy. Internally, the property is arranged as a
warehouse on the ground floor with ground and first floor offices at the front of the property. The site extends to 0.667 acre (0.27 hectare) providing a low site coverage of 32%.

The property is used as a sorting office and warehouse depot.

Thirsk is situated approximately 40 miles north east of Leeds, 22 miles north west of York and 27 miles east of Harrogate.

The property occupies a prominent position on the main estate road. Thirsk Industrial Park is well established, and strategically well located. It is adjacent to the A168, and A19 which in turn link to the motorway network via the A1(M).

Thirsk railway station is on the East Coast Mainline route and has a direct rail service to Newcastle, Edinburgh, Leeds, York and London.

Other occupiers on the park include Howdens, North Yorkshire Police, Euro Car Parts and Twisted Automotive amongst others. It is the main commercial estate within the affluent market town of Thirsk in North Yorkshire.

The property is held Freehold: Title Number - NYK231361.

The property is elected for VAT, but it is anticipated that the sale will be structured as a Transfer of a Going Concern (TOGC) in which case VAT
won’t be payable.

The purchaser will need to satisfy the Anti Money Laundering policies of the sales agent and the Vendor client. This is usually two forms of identification for the ultimate beneficial owner of the acquiring company and confirmation of the source of funding from the successful purchaser. To be provided upon agreeing the Heads of Terms.
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: D

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

Brochure

Thirsk Industrial Park, York Road, Thirsk, YO7 3XX

NEAREST STATIONS

National Rail

Thirsk Station

1.81 miles

About Dove Haigh Phillips LLP, Leeds

Dove Haigh Phillips LLP, Leeds

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Disclaimer - Property reference 360362-1. 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 Dove Haigh Phillips LLP, Leeds. 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.