New to the market, Edison Ford presents this freehold site of approximately 0.34 hectares (0.84 acres), including 10 terraced industrial units, together with a secure external storage yard and a couple of buildings.The units are of dated construction (mid 70s) and provide basic workshop or storage accommodation. The buildings, including those within the secure storage yard, have an aggregate Gross Internal Area of 1,139.36 SQM (12,264 sqft.).The individual units and yard areas are let to four tenants under four leases, producing average rents of £5,300.00 pcm, equivalent to circa £65,000.00 p/a.The leases exclude the security of tenure provisions under the Landlord and Tenant Act 1954, and include multiple break options at any time after the initial twelve months in favour of the landlord.Please be advised that rent amounts are due to increase in the near future. Further details are available on application.The land is situated North of the River Avon, about 2.8 kilometers east of the city Centre, and a similar distance from junction 2 of the M32.All interested applicants must register their details via the microsite to access further details: beehive-industrial-estate.edisonford.co.uk
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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