Investment for sale

The site comprises a number of commercial buildings, some of which are tenanted, together with a substantial amount of land considered suitable for development, subject to obtaining any necessary consents. The yellow area of the site plan denotes land on which the commercial buildings are sited.
Schedule of tenancies:
Unit 1 – previously let to ASA (part landlord) now vacant and being marketed at £12,500 pa – Office 101.4 sq m (1,091 sq ft) plus mezzanine store 12.5 sq m (135 sq ft)
Unit 2 – previously let to ASA (part landlord) now vacant and being marketed at £22,500 pa – office and warehouse 254.3 sq m (2,731 sq ft)
Unit 3 – let to Combers – office/workshop 137.6 sq m (1,482 sq ft)
Unit 4 – Let to Darlow engineering – warehouse 138.0 sq m (1482 sq ft)
Unit 5a – previously let to ASA (part landlord) now vacant and being marketed at £7,500 pa – warehouse 81.6 sq m (873sq ft)
Unit 5b – office/workshop let to Drews – 79.1 sq m (853 sq ft)
Unit 6 – office/workshop let to Combers – 132.6 sq m (1427 sq ft)
Unit 7 – office/warehouse let to Burton Blake – 132.0 sq m (1413 sq ft)
Unit 8 – office let to AG/CT (one of the owners/landlord)
In addition to the above there are 2 banks of garages/ lock-up units divided to form 5 units (10 in total) all tenanted and producing an income in the region of £10,000pa
Total actual and estimated rental income from the units is in the region of £125,000 pa.
The total area of the site including the buildings is in the region of 23.75 acres.
The site is offered for sale freehold, subject to the commercial tenancies, on an unconditional basis Offers sought in excess of £2M
We are advised an adjoining plot of land but not part of this site has consent for residential development. Please note VAT will be charged on the sale price.