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Whitelea Grove

Office for sale

£520,000 13,805 sq ft

Fisher German
View the performance or update the listing in CoStar
Contact name

Ben Flint - Fisher German LLP

Full address
Whitelea Grove, Mexborough S64 9QP – Mexborough
Highlights
  • Held on a 10 year lease from July 2017
  • Rent Reviews in year 6
  • Total GIA 1,282.55 sq m (13,805 sq ft)
  • Reversionary Rent
  • Site area extending to circa 0.88 acres
Property owner
Doncaster Metropolitan Borough Council
Property type

Office for sale Search all

Asking price
£520,000
Available space range
There is 1 space available. This measures 13,805 sq ft.
Features
Storage Space, Yard
Brochure
Download the brochure

Sale details

Sale unit 3740069 Available

13,805 sq ft, £37.67 per sq ft

Unit Sale unit 3740069
Address Whitelea Grove, Mexborough, South Yorkshire, S64 9QP, GB
Size 13,805 sq ft
Price £520,000
Price per unit £37.67 per sq ft
Unit Sale unit 3740069
Address Whitelea Grove, Mexborough, South Yorkshire, S64 9QP, GB
Size 13,805 sq ft
Price £520,000
Price per unit £37.67 per sq ft
Sale type Investment
Tenure Freehold
Net income yield 7.6%
Financial type Actual
Financial year 2017
Net operating income £39,520

Sale notes

  • The property is let to 4g textiles ltd on a 10 year full repairing and insuring lease from 17th july 2017 at a rent of £39,500 per annum approximately (£2.95 per sq ft main space).
  • The lease provides for a tenant break upon the 5th anniversary, subject to 6 months notice, and an open marker rent review in year 6. the lease contains a personal guarantor.
  • The property comprises a detached industrial premises with useable office accommodation, sitting on a site area of approximately 0.98 acres.
  • The warehouse provides open plan accommodation, along with a crane in situ with 3 roller shutter access doors to the side and rear elevations.
  • There is a single storey office block to the front elevation, and a good amount of yard/vehicular parking, and the site is secured by a double access steel palisade gates, and fencing to the front and side elevations with a steep embankment to the rear, which leads to whitelea grove.

Property description

The property comprises a detached industrial premises of masonry and steel construction.

Number of storeys
2
Rentable building area
13,805 sq ft
Year built
1990

Attachments

PDF #1 Marketing brochure/flyer Download

This office for sale is located in Mexborough.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Fisher German. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Fisher German for full details and further information.