Unit 2, Middle Enterprise Way, Old Dalby, LE14 3DA

Modern Industrial Unit with Offices, Kitchen & WC

Well located on an established Business Park.

Total GIA appox 2,645 FT2 (245.7 M2)

Property currently let The Muzzle Movement Limited at a rent of £24,000 pa

Net Initial Yield 7.13%.

Parking for approximately 6 cars to front.

Detailed Description

Unit 2 is a detached Industrial /Warehouse Unit of steel portal frame construction covered with profiled and insulated metal cladding. The roof covering contains translucent roof light panels providing natural light. Internally the property is predominately an open-plan Warehouse with a Kitchen, Store & WC on the Ground Floor and 2 Offices on the First Floor. The Unit has a 3 phase electricity supply, concrete floor, electric roller shutter door and LED spotlights.

The property has a minimum eaves height of approximately 5.6m and maximum ridge height of 7.0m. Externally there a concrete Yard/Car Park to front for
approximately 5/6 cars.

Location

Middle Enterprise Way is an established Commercial location situated on the edge of the village of Old Dalby which is located off the A607 approximately 9 miles from the Town of Melton Mowbray and 15 miles from the City of Leicester from which easy access to the M1 motorway can be obtained. The Business Park is home to a number of Manufacturing and Logistics Businesses.

LEASE/RENTAL TERMS
We have been advised the property is currently let to The Muzzle Movement Limited (Company No: 14652453) at a rent of £24,000 per annum which expires on the 1st April 2028. For the year ending 28/02/2025 the company accounts show shareholders funds of approximately £132,000.

ASKING PRICE
We are offering the freehold interest for £325,000 subject to the existing tenancy with The Muzzle Movement Limited.