FOR SALE - FREEHOLD 0.38 ACRE INDUSTRIAL GROUND RENT INVESTMENT
Summary
- Current ground rent income of £11,100 pax
- 2 outstanding rent reviews from October 2023.
- 0.38 acre freehold site
- Let on 3 leases expiring in 2077 and 2079 with no breaks
- Price – OIRO £270,000
- 4.11% Gross Yield
Accommodation
The accommodation comprises the following areas:
| Name | Size | Availability |
| Unit - Site F | 0.21 Acres | Available |
| Unit - Site E (B) | 0.17 Acres | Available |
Location
The premises are located on Airfield Road which forms part of the established Airfield Industrial area of Christchurch. Access to Airfield Road is from Airfield Way which connects to Somerford Road and provides access to the A35 Christchurch bypass and the A337 Lymington Road.
Christchurch town centre is located 1.5 miles distant and provides a number of local and national retailers including M&SFoodhall, WH Smith, Holland Barrett and Travel Lodge.
Get directions from Google Maps
Mainline Stations
-
Christchurch33 mins
-
Hinton Admiral33 mins
-
Pokesdown68 mins
-
New Milton78 mins
Underground Station
-
Reading1160 mins
-
Twyford1231 mins
-
Maidenhead1349 mins
-
Taplow1376 mins
Further Information
Price Offers in the region of £270,000 (exclusive of VAT)
EPC Rating This property has been set as EPC exempt.
Reason: No building present
Tenure
Freehold
Legal Costs
Each party is to be responsible for their own legal costs incurred in the transaction.
VAT
Unless otherwise stated terms are strictly exclusive of Value Added Tax and interested parties must satisfy themselves as to the incidence of this tax in the subject case.
AML
In accordance with Anti-Money Laundering requirements, two forms of identification will be required from the tenant and any beneficial owner together with evidence/proof identifying the source of funds being relied upon to complete the transaction.
Tenancies
The freehold is subject to the tenancies detailed on the Tenancy Schedule.
Gallery
