Industrial Investment for Sale Freehold. The property comprises a 3.22 acre site featuring a 14,000 sq ft Vehicle Maintenance Unit. The property benefits from two leases providing an income of £122,000 p.a. Majority of the income secured on the excellent covenant of Riverside Truck Rental Ltd.
The property comprises a Vehicle Maintenance Unit within a self-contained site plus a large concreted yard used for vehicle and trailer parking. The unit and the yard are leased to Riverside Truck Rental Ltd. A smaller self-contained yard is leased to Creed Scaffolding Ltd. The access road forms part of the property. This access road is shared by Panther Logistics Ltd and by Trans Global Freight Ltd and each company is obliged to contribute to the maintenance and repair costs.
The buildings and site have electric, water and drainage. The Vehicle Maintenance Unit has LPG. The electric supply is via the adjacent office building, XPO House - with submeters recording the consumption.
Please refer to the PDF brochure for a more detailed outline of the property and its current tenants.
|Floor Areas||Details||Square Feet|
VEHICLE MAINTENANCE UNIT
13,096 SQ FT
913 SQ FT
14,009 SQ FT