£1,850,000
(£69.30/sq. ft)
Industrial for saleThe Old Bakery, Lower Gower Road, Royston SG8
26,695 sq. ft
Freehold
About this property
7 Self contained commercial units
Currently producing £126,000 per annum
Potential income of £132,000 per annum
1 mile from the A10 & A505
Less than 30 miles from the M25
0.2 miles from Royston Railway Station
Description
The site presents an extremely rare opportunity to acquire 7 commercial units within a self-contained estate with various asset management and long-term development prospects. Our client owns 7 out of the possible 9 units. The portfolio is currently income producing £126,000.00 per annum exclusive with a potential income of £132,000.00 per annum subject to the vacant unit being occupied.
Unit 1 - Currently producing £12,000 per annum, lease expires 1 January 2030
Unit 5 - Currently producing £12,000 per annum, increasing to £18,000 per annum in March 2027
Unit 6 - Currently producing £30,000 per annum, lease expires 1 January 2031
Unit 7 - Currently producing £12,000 per annum, lease expires 20 March 2028
Unit 8 - Currently producing £12,000 per annum, lease expires 31 August 2028
Unit 9 - Currently producing £18,000 per annum, lease expires 18 August 2031
Units 10 & 11 - Currently producing £30,000 per annum, lease expires 1 January 2030
Location
The site is located on Lower Road in Royston 0.2 miles away from Royston Railway Station within a recognised light industrial site. The site is strategically located with excellent access to the A1, A10 and A505 network providing access into Cambridge. Central London is 48 miles.
Aml Requirements
To comply with the Money Laundering Regulations 2017, we are legally required to verify the identity of all parties to a transaction. Prospective purchasers/tenants must provide satisfactory identification documents and information regarding the source of funds. These checks will be carried out by an independent party before any agreement is formally entered into. The tenant or purchaser will be responsible for these costs.
The site presents an extremely rare opportunity to acquire 7 commercial units within a self-contained estate with various asset management and long-term development prospects. Our client owns 7 out of the possible 9 units. The portfolio is currently income producing £126,000.00 per annum exclusive with a potential income of £132,000.00 per annum subject to the vacant unit being occupied.
Unit 1 - Currently producing £12,000 per annum, lease expires 1 January 2030
Unit 5 - Currently producing £12,000 per annum, increasing to £18,000 per annum in March 2027
Unit 6 - Currently producing £30,000 per annum, lease expires 1 January 2031
Unit 7 - Currently producing £12,000 per annum, lease expires 20 March 2028
Unit 8 - Currently producing £12,000 per annum, lease expires 31 August 2028
Unit 9 - Currently producing £18,000 per annum, lease expires 18 August 2031
Units 10 & 11 - Currently producing £30,000 per annum, lease expires 1 January 2030
Location
The site is located on Lower Road in Royston 0.2 miles away from Royston Railway Station within a recognised light industrial site. The site is strategically located with excellent access to the A1, A10 and A505 network providing access into Cambridge. Central London is 48 miles.
Aml Requirements
To comply with the Money Laundering Regulations 2017, we are legally required to verify the identity of all parties to a transaction. Prospective purchasers/tenants must provide satisfactory identification documents and information regarding the source of funds. These checks will be carried out by an independent party before any agreement is formally entered into. The tenant or purchaser will be responsible for these costs.
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Monthly repayment
£9,254 per month
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