£1,600,000
(£50.97/sq. ft)
Property for saleHoton Stores, Wymeswold Road, Hoton LE12
31,390 sq. ft
About this property
Fully let industrial investment opportunity - niy of 9%, ry of 9.68% and low capital value of £51 psf
Located between Loughborough and Nottingham with passing rent of £140,200 p.a. (£4.47 per sq ft)
Let to aaa Oriental Limited
WAULT 3.9 years expiring in April 2030
Offers in Excess of £1,600,000
The property is set back from the main road accessed via a private drive to the secure stores which is gated and fenced.
Offers in excess of £ 1,600,000 reflecting a niy of 9% a ry of 9.68% and circa £51 psf. Passing rent of £140,200 p.a. (£4.47 psf)
Units A&B were comprehensively refurbished in 2021. Both units are of steel portal frame with profile metal sheet cladding incorporating translucent roof lights, extending to a total of 31,390 sq ft.
There are 4 loading doors to the gable end serviced from a large concrete yard, upon which there are offices and a welfare block of circa 611 sq ft.
Key features include the following:
>Minimum eaves height of 8.39m
>Maximum storage height of 9.90m
>4 level access loading doors (height 6m)
>LED lighting
>Racked to provide 3,300 pallet positions
The site extends to 1.27 acres
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£8,003 per month
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