Land And Buildings Rear Of, 36 Florence Avenue, Doncaster, South Yorkshire

Key Features

General Description

FOR SALE - SINGLE LET HIGH YIELDING INDUSTRIAL INVESTMENT

SUMMARY
- 1,246 Sq ft workshop and office sitting on 0.34 acres
- Let on a new 3 year FRI lease at £36,000 per annum
- Rare haulage yard, vehicle storage and repair uses
- Close to Doncaster city centre & the A1
- Available at offers in the region of £350,000 reflecting a net initial yield of 9.91%
- No VAT

LOCATION
The property is located in the Balby area of Doncaster which is a short drive to the City Centre and is well placed t take advantage of the regions motorway network with J36 of the A1 within a 4 minute drive.

DESCRIPTION
A single let industrial investment comprising a detached workshop / industrial unit sitting within a large yard of 0.34 acres. The workshop provides 3 phase power supply, roller shutter access door, open plan space, w/c, small mezzanine area and an office. There is a partly built unit in situ of 854 sq ft which can be completed and can potentially generate further income STPP. The site benefits from a rare planning permission for use as a haulage yard, caravan storage and vehicle repairs under ref 96/3608/P.

ACCOMMODATION (GIA)
Main Workshop: 122.45 Sq M (1,318 Sq Ft)
Part Built Unit: 79.36 Sq M (854 Sq Ft)
Site Area: 0.34 Acres

TENANCY
The property is let on a new 3 year FRI lease from March 2024 to a local car mechanic at £36,000 per annum exclusive.

ASKING PRICE
Offers in the region of £350,000.
Reflecting a high Net Initial Yield of 9.91%

EPC
To be confirmed.

ANTI MONEY LAUNDERING
Purchaser's will have to supply information to comply with Anti Money Laundering regulations.

VAT
VAT is not payable.

TENURE
Freehold.

VIEWINGS
By appointment with the agents below:

Ben Flint
E: ben@flintrealestate.co.uk
T: 01302 639838 / 07494735001

Alexandra De Freitas
E: alexandra@flintrealestate.co.uk
T: 01302 639838 / 07538 844869