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Unit 1, The Enterprise Village, Crown Business Park, Old Dalby, Melton Mowbray, Leicestershire, LE14 3NQ

765.99 Sq M, (8,245 Sq Ft)

£1,050,000

Under offer

NEW-BUILD WAREHOUSE INVESTMENT OPPORTUNITY

Unit 1 The Enterprise Village, Crown Business Park, Old Dalby, Leicestershire, LE14 3NQ

New-build detached Industrial/Warehouse Investment with completion due late 2021 on established Business Park.

GIA approx. 708 sq m (7,621 sq ft) excluding Mezzanine.

Eaves height approx. 8 metres (26 ft).

3 phase electricity, Office and WC's to be constructed.

To benefit from 14 demised Car Parking spaces to the perimeter.

Property to be let from Practical Completion by way of a new 10 year unbroken effective full repairing and insuring lease to Direct Trade Bag Company Ltd at £60,000 p.a.x. No break options and upward-only rent review at the end of Year 5.

Net initial yield 5.4%.

FOR …

NEW-BUILD WAREHOUSE INVESTMENT OPPORTUNITY

Unit 1 The Enterprise Village, Crown Business Park, Old Dalby, Leicestershire, LE14 3NQ

New-build detached Industrial/Warehouse Investment with completion due late 2021 on established Business Park.

GIA approx. 708 sq m (7,621 sq ft) excluding Mezzanine.

Eaves height approx. 8 metres (26 ft).

3 phase electricity, Office and WC's to be constructed.

To benefit from 14 demised Car Parking spaces to the perimeter.

Property to be let from Practical Completion by way of a new 10 year unbroken effective full repairing and insuring lease to Direct Trade Bag Company Ltd at £60,000 p.a.x. No break options and upward-only rent review at the end of Year 5.

Net initial yield 5.4%.

FOR SALE: £1,050,000 FREEHOLD

Summary Description

NEW-BUILD WAREHOUSE INVESTMENT OPPORTUNITY

Unit 1 The Enterprise Village, Crown Business Park, Old Dalby, Leicestershire, LE14 3NQ

New-build detached Industrial/Warehouse Investment with completion due late 2021 on established Business Park.

GIA approx. 708 sq m (7,621 sq ft) excluding Mezzanine.

Eaves height approx. 8 metres (26 ft).

3 phase electricity, Office and WC's to be constructed.

To benefit from 14 demised Car Parking spaces to the perimeter.

Property to be let from Practical Completion by way of a new 10 year unbroken effective full repairing and insuring lease to Direct Trade Bag Company Ltd at £60,000 p.a.x. No break options and upward-only rent review at the end of Year 5.

Net initial yield 5.4%.

FOR SALE: £1,050,000 FREEHOLD

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NEW-BUILD WAREHOUSE INVESTMENT OPPORTUNITY

Unit 1 The Enterprise Village, Crown Business Park, Old Dalby, Leicestershire, LE14 3NQ

FOR SALE: £1,050,000 FREEHOLD

DETAILED DESCRIPTION


Unit 1 at The Enterprise Village will briefly comprise a new-build, steel portal framed Industrial/Warehouse Unit which will have an eaves height of approximately 8 metres (26 ft) together with a 3 phase electricity supply and internal Office and Staff accommodation as well as two WC facilities with Disabled provision.

The property will benefit from 14 demised Car Parking Spaces to the perimeter and loading access will be provided to the frontage.


LOCATION


Crown Business Park is an established Commercial location situated on the edge of the village of Old Dalby which is located off the A607 approximately 9 miles from the town of Melton Mowbray and 15 miles from the city of Leicester from which easy access to the M1 motorway can be obtained. The Business Park is home to a number of Manufacturing and Logistics Businesses.

The Enterprise Village is the next phase of development at this location where our clients are currently in the process of constructing three new-build Industrial/Warehouse Units.


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