PART LET COMMERCIAL OFFICE INVESTMENT, ROSEHILL ESTATE, JUNCTION 43/CARLISLE (M6/A69)
- PROPOSED NEW LEASE AT £24,000 PER ANNUM ON COMPLETION TO LOGIC IT OF FRONT PART
- INCLUDES SELF CONTAINED GROUND AND FIRST FLOOR ANNEX WITH VACANT POSSESSION PREVIOUSLY LET AT £20,000 PA
- GOOD PRIVATE PARKING ACROSS THE SITE
- PERFECT FOR OWNER OCCUPIER WITH ADDED BENEFIT OF INVESTMENT INCOME
The property occupies an excellent location off Allenbrook Road on Rosehill Industrial Estate adjacent to Junction 43 of the M6 motorway/A69, 2 miles east of Carlisle City Centre. Other Occupiers include Borderway Auction Mart, WCF, Carrs Billington along with a range of professional office occupiers and car showrooms.
The property comprises the following approximate areas:-
1,767 sq ft (164 sq m)
1,661 sq ft (154 sq m)
787 sq ft (73 sq m)
1,216 sq ft (113 sq m)
Two storey detached office building of steel frame and block construction with glazed frontage.
The accommodation is split into two separate parts with the possibility of a further split.
The accommodation occupies an elevated position with on-site car parking. The building has previously been split and sub-let with scope for a similar arrangement.
Interested parties should make their own enquiries of the Valuation Office Agency at www.voa.gov.uk.
All mains services are connected to the property. Air conditioning is fitted and the property is wired for comms and cabling.
The property is available for sale by way of an existing long leasehold interest from Carlisle City Council (freeholder) for a term of 99 years, from 1 October 1977. This is on full repairing and insuring terms and subject to a ground rent.
Logic IT will enter into a new 5 year Lease at a rent of £24,000 per annum, exclusive, in relation to the front ground floor office section and first floor offices above.
The annex is included within the sale will be sold with vacant possession giving the purchaser an opportunity to either owner occupy or rent to generate further investment income.
Further details on request. Please note consideration will also be given to a sale of the whole with vacant possession.
Offers in the region of £375,000 for the long leasehold interest subject to the proposed new Lease to Logic IT.
To be confirmed.
Please contact Walton Goodland.
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Last updated: 28th November 2019 - 9:41 am