- Industrial investment
- 22 Units totalling 2,600m2 (27,985 sq ft) plus compound and slipway
- Site area of 0.97 Hectares (2.40 Acres)
- Current income of £80,724 rising to £81,224. ERV of £122,214 upon letting of vacant units
The property occupies a split site to the North and South of Fernley Green Road and comprises of 22 units, a large compound and a slipway.
To the South part of the site is a terrace of 5 industrial units constructed on steel portal frames being metal sheet clad and each having a roller shutter loading door.
The North part of the site comprises a further terrace of 3 smaller units adjacent to which is a pair of larger high bay units, one having a self-contained compound area. Additionally this part of the site has a boat slipway, works area and several small storage units.
The ‘main 2 storey building’ to the site is currently vacant and is sub-divided to the ground floor to provide various small workshops/stores. To the first floor is a former gym and social club.
The site is majority let in accordance with the attached schedule and active asset management opportunities exist for new lettings and lease renewals. Given the whole of the ‘main building’ is vacant the opportunity exists for redevelopment (subject to planning).