For Sale: £895,000 For the Long Leasehold
19,118 Sq Ft
Long leasehold for sale
28 years remaining
Two storey office to front
Rear workshop
Ample parking area
Income producing
Office and industrial/workshop space, comprising of two separate units available to purchase on a long leasehold sale. The current lease has approximately 28 years remaining. Unit 2 consists of a two-story office at the front and workshop space at the rear. Loading access via a roller shutter on the side elevation, with an eaves height of 5.80m. Unit 3 is positioned at the rear of the site and features a covered walkway leading to a detached concrete frame storage building, boasting an eaves height of 3.60m. Additionally, there is a plant room located at the rear of Unit 3. The first floor of Unit 2/3 houses L-shaped offices that extend across the front and side elevations. A small framed gatehouse is situated at the corner of the spacious tarmac parking area. Currently rented and achieving an annual income of £100,000 for both Unit 2 and Unit 3, in excess of a 11% yield.
The Property is located in a prime location for industrial activities. The area offers a range of industrial units suitable for various businesses, from manufacturing to warehousing. The Property is located off Luton Road in Dunstable, which allows excellent road connectivity to the A5 and M1 which makes it convenient for logistics and distribution operations.
