Hoton Stores, Wymeswold Road, Hoton

£1,600,000

Size

31,390

Tenure

Freehold

EPC

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Parking

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Primary use
Other

No floor / site plan

Key features

  • FULLY LET INDUSTRIAL INVESTMENT OPPORTUNITY - NIY of 9%, RY of 9.68% and low capital value of £51 psf
  • Located between Loughborough and Nottingham with passing rent of £140,200 p.a. (£4.47 per sq ft)
  • Let to AAA Oriental Limited
  • WAULT 3.9 years expiring in April 2030
  • Offers in Excess of £1,600,000

Description

Hoton Stores is located between Wymeswold and Hoton, close to the A46 and A60. Loughborough is located 3 miles south west with Nottingham 12 miles to the north.

The property is set back from the main road accessed via a private drive to the secure stores which is gated and fenced.

Offers in excess of £ 1,600,000 reflecting a NIY of 9% a RY of 9.68% and circa £51 psf. Passing rent of £140,200 p.a. (£4.47 psf)

Units A&B were comprehensively refurbished in 2021. Both units are of steel portal frame with profile metal sheet cladding incorporating translucent roof lights, extending to a total of 31,390 sq ft.

There are 4 loading doors to the gable end serviced from a large concrete yard, upon which there are offices and a welfare block of circa 611 sq ft.

Key features include the following:
>Minimum eaves height of 8.39m
>Maximum storage height of 9.90m
>4 level access loading doors (height 6m)
>LED lighting
>Racked to provide 3,300 pallet positions
The site extends to 1.27 acres
Additional information
Service charge
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Business rates
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Use class
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Listed building
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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

Brochure

Hoton Stores, Wymeswold Road, Hoton

NEAREST STATIONS

National Rail

Loughborough Station

2.51 miles

National Rail

Barrow upon Soar Station

3.41 miles

National Rail

Sileby Station

4.9 miles

About Commercial Property Partners Ltd, Sheffield

Commercial Property Partners Ltd, Sheffield

Commercial Property Partners is a private firm of advisors who specialise in the disposal, acquisition and management of all types of commercial property. With offices in Sheffield, Nottingham and London, our team has a wealth of knowledge and experience covering all sectors Office, Industrial, Retail, Development and Investment.
The strength of the business is defined by the quality and experience of the team.

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Disclaimer - Property reference 3812FH. 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 Commercial Property Partners Ltd, Sheffield. 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.