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Bessemer Rd 6,445 SF Industrial Condo Unit Offered at $528,676 in Basingstoke RG21 3ND
INVESTMENT HIGHLIGHTS
- Established industrial trading estate location
- Good loading provision
- 9+ Car parking spaces
- Part ground and first floor offices
- Racking and loading dock
EXECUTIVE SUMMARY
The premises are accessed from Bessemer Road which in turn provides easy access to Harrow Way, which connects to the A339 and Junction 6 of the M6, approximately 2 miles to the northeast.
PROPERTY FACTS Sale Pending
| Total Building Size | 70,734 SF | Typical Floor Size | 31,500 SF |
| Property Type | Industrial (Condo) | Year Built | 1978 |
| Property Subtype | Warehouse | Lot Size | 0.93 AC |
| Building Class | C | Parking Ratio | 0.73/1,000 SF |
| Floors | 3 |
| Total Building Size | 70,734 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 3 |
| Typical Floor Size | 31,500 SF |
| Year Built | 1978 |
| Lot Size | 0.93 AC |
| Parking Ratio | 0.73/1,000 SF |
AMENITIES
- Fenced Lot
- Security System
- Yard
- Automatic Blinds
- Air Conditioning
1 UNIT AVAILABLE
Unit 1
| Unit Size | 6,445 SF | Sale Type | Investment |
| Price | $528,676 | Tenure | Freehold |
| Price Per SF | $82.03 | Sale Conditions | Sale Leaseback |
| Condo Use | Industrial |
| Unit Size | 6,445 SF |
| Price | $528,676 |
| Price Per SF | $82.03 |
| Condo Use | Industrial |
| Sale Type | Investment |
| Tenure | Freehold |
| Sale Conditions | Sale Leaseback |
DESCRIPTION
The property comprises an end of terrace, two storey industrial / warehouse unit which is situated facing the entrance to the Bessemer Park Industrial Estate.
SALE NOTES
The current occupier Blankson’s have been in occupation for many years and it is intended they would enter into a new fully repairing and insuring lease for a term of 10 years, on completion of legal formalities, to be contracted inside the Security of Tenure & Compensation Provisions of the Landlord & Tenant Act 1954 Part II as amended, at an initial rent of £36,000 pax. The rent is to be reviewed at the expiry of the 5th and 10th anniversary of the term to open market rental value, or upwards only, whichever is the higher. There is to be a six month rent deposit of £18,000, which will be held for the duration of the lease, together with personal guarantors by the Directors of Blankson's Ltd.
Presented by
Bessemer Rd
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