Unit 14, Caker Stream Road, Alton

Guide price

£600,000

Auction

Size

8,061

Tenure

Freehold

EPC

Parking

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Primary use
Other

No floor / site plan

Key features

  • High Yielding Industrial Investment
  • Warehouse Unit with Associated Offices and Yard
  • Fully Let to Trio Logistics Limited
  • Renewed Five Year Lease Expiring 23.02.2029
  • Tenant in Occupation for 10+ Years
  • 2027 Break Option Not Exercised
  • Established Industrial Location
  • 8,061 sq ft (748.89 sq m)
  • Rent Reflects a Low £8.75 per sq ft
  • Investment Let at £70,535 p.a. (11.75% GIY on Guide Price)

Description

The property comprises a high yielding industrial investment occupying a prominent pitch in an established industrial location.

Arranged as a warehouse unit with associated offices and a front yard, the property is fully let to Trio Logistics Limited on a renewed five year lease expiring 23.02.2029 and paying £70,535 per annum.

The lease is on full repairing and insuring terms and includes a break option in the 3rd year which has not been exercised, displaying confidence in the location.

The property is accessed via a front yard off Caker Stream Road and sits within an established industrial location within Alton, with the surrounding area comprising other industrial uses including trade counter, open storage, distribution, workshops and retail warehousing. Nearby occupiers include Toolstation, Fedex and Howdens. The property is less than 0.3 miles from Alton train station and within 0.5 miles of the A31, a major arterial route linking the A3 and M3 motorways.
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: A

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

Unclassified

Environmental description
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Read more about energy considerations for commercial property

Brochure

Unit 14, Caker Stream Road, Alton

NEAREST STATIONS

National Rail

Alton Station

0.28 miles

National Rail

Bentley Station

4.54 miles

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Disclaimer - Property reference D175D966-5ACA-4767-A78E-20062363CB04. 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 Savills National , Savills Auctions- Commercial. 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.