Property Description

A freehold industrial investment opportunity comprising 4 units currently let and producing a gross income of £38,946 per annum. The units feature roller shutters, a large forecourt and high eaves. The site extends to 0.84 acres (or thereabouts). Interested parties are advised to inspect the legal pack for more information. The site is accessed off Bailey Drive in a predominantly industrial location on the Norwood Industrial Estate located to the north of Killamarsh and approximately 12 miles south-east of Sheffield on the A618, providing fast access to junction 31 of the M1 (approx 3.5 miles). Kiveton Bridge commuter railway station is a 6 minute drive. Norwood Industrial Estate is an established industrial location serving the local areas including Swallownest, Beighton, Crystal Peaks, Waterthorpe, Mosborough and Killamarsh.

Unit 1

Let on an agreement commencing 6/12/2015 for a 6 month term. It extends to 3,488 sq.ft and has a current rent £1 per annum (see legal pack).

Unit 2

Let on an agreement commencing 01/04/2023 for a 6 year term. The unit extends to 2,300 sq.ft and has a current rent of £12,800 per annum.

Unit 3

Let on an agreement commencing 20/04/23 for a 6 year term. The unit extends to 1,938 sq.ft and has a current rent of £11,150 per annum.

Unit 4

Let on an agreement commencing 01/08/2022 for a 9 year term. The unit extends to 2,905 sq.ft and has a current rent of £14,995 per annum.

Tenure

Freehold

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