Commercial investment producing £10,000 pa

This modern end terraced warehouse was built in 1990 and extends to around 1,600 square feet. It is let to Global Wind Service (UK) LTD on a three year lease from April 2015. Global Wind Service (GWS) is a leading supplier of turbine technicians, expertise and services to wind farm projects around the world. According to the valuation office the premises have an area of 170.7sqm and a rateable value of £6,000 with effect from April 2010. This is an ideal purchase for an investor looking for a higher return on capital.

Tenure

Freehold

Description

Ground Floor

Warehouse, area under supported floor, office

Mezzanine

Internal storage

Outside

Ample off road parking

Viewing

Please call the Auctioneers - 01603 505100

Energy Efficiency Rating (EPC)

Current Rating D

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Waveney District Council. Tel: 01502 562111

Solicitors

Birkett Long LLP, Faviell House, 1 Coval Wells, Chelmsford, Essex CM1 1WZ, Ref: Mr D Rayner, Tel: (01245) 453800

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1,200 (£1,000+ VAT), payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.