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Beck Place Garage
Gosforth

Investment for Sale — Industrial
Status: Under Offer

About this property:

*Investment Sale*

The property comprises an open plan single storey garage mechanics workshop and versatile forecourt.

New electricals are installed, a new roof fitted, eaves being at 4.37m (14.5ft).

Areas:
Gross Internal Area: 184.9 Sqm (1,987 sqft)

Site Area:
581 sqm (6,254 sqft)

The property has parking to front for approximately 8-10 vehicles off street.

UTILITIES: The property is fitted with mains water and electricity (including 3 phase supply). No warranty is given regarding the working order of any fitted appliances or service capacity referred to in these particulars.

TENURE: The premises is leased to a tenant garage operator at an annual rent of 14,000 per annum exclusive (paid quarterly in advance). The lease is full repairing and insuring and benefits from indexed rent reviews. The lease is for 5yrs with effect of 4th January 2022 and is held on land ring red below.

The occupier has paid a deposit on account with landlord and holds a photographic schedule of condition. The blue shaded area to rear shall be retained by the freeholder.

VAT: Sums quoted are exclusive of VAT.

PLANNING: The property is understood to hold a prescribed consent for B1, B2 light industrial. Historically a grant of planning reference 7/2017/4065 was given for three terraced houses, now expired, enquires of Cumberland Council may be made via Tel: 0300 373 3730.

Terms: Sale Price: 210,000
Size: 184.90 m² (1990 ft²)
Postcode: CA20 1EJ
Ref:MB/6814