Commercial
COMMERCIAL INVESTMENT PROPERTY, two adjoining workshop garages just off Mansfield town centre both let on 10 years leases, at a combined current reserved rent of £16,125 p.a.
DESCRIPTION :
Two adjoining garage workshop premises of brick/steel construction each with a frontage of approximately 7.5 metres and a depth of approximately 16.25 metres. In addition to a large workshop, each has a small office area, kitchen and wc, roller shutter security door and three phase electricity.
In addition car parking spaces are rented from Network Rail and utilised by tenants on a reimbursement to landlord basis.
NOTE :
The auctioneers gave not inspected the interior of Mansfield Service Centre but understand it to be almost identical to the adjoining ABC Garage.
LEASES :
ABC Garage is let on a 10 year lease from June 2006. Mansfield Service Centre is let on a 10 year lease from August 2006, both at a current rent of £8,062.68 per annum (£16,125 combined reserved rent).
TENURE :
Freehold
SUBJECT TO LEASES
VIEWING ARRANGEMENTS
By arrangement with the Auctioneers 01332-242880
For Sale by Auction: Thursday 13th October 2011
At Pride Park Stadium, Derby
Commencing at 11.30am
