TypeIndustrial Investments

SG8 The Old Bakery, Lower Gower Road, Royston

TenureFor sale

The Old Bakery, Lower Gower Road, Royston, SG81/16

Specification

Building size
Building size26,695sqft
Property type
Property typeIndustrial Investments
Tenure
TenureFor sale

Description

Freehold Income Producing Light Industrial Investment With Long-Term Redevelopment Prospects.

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 £114,000.00 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 vacant

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

7 Self contained commercial units

Currently producing £102,000 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

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.

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