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Investment Highlights
- Substantial city centre building
- 3 levels of car parking
- Site area approx. 2 acres (0.8 ha) site
Executive Summary
The 2nd floor (retail space) is let to Emmaus Staffordshire on a 5 year lease from 29th August 2024 at a passing rent of £1.00 per annum.
The tenant is responsible for payment of rates, insurance and utility costs. There is a landlord break option exercisable any time after 1st January 2026.
The freehold of the whole property is being sold subject to the above occupational lease.
The tenant is responsible for payment of rates, insurance and utility costs. There is a landlord break option exercisable any time after 1st January 2026.
The freehold of the whole property is being sold subject to the above occupational lease.
Property Facts
| Sale Type | Investment or Owner User | Rentable Building Area | 86,724 SF |
| Tenure | Freehold | No. Stories | 4 |
| Property Type | Industrial | Year Built | 1982 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | B | Parking Ratio | 0.7/1,000 SF |
| Lot Size | 2.30 AC | No. Drive In / Grade-Level Doors | 1 |
| Sale Type | Investment or Owner User |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.30 AC |
| Rentable Building Area | 86,724 SF |
| No. Stories | 4 |
| Year Built | 1982 |
| Tenancy | Single |
| Parking Ratio | 0.7/1,000 SF |
| No. Drive In / Grade-Level Doors | 1 |
Amenities
- Security System
- Signage
- Automatic Blinds
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Videos
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Photos
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New Hall St
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