Security fencing with security access barriers at front and side
The premises are located on the Bellbrook Business Park in an area known as Brambleside occupying a corner plot. The main Post Office sorting depot is close by. Other businesses in the immediate vicinity include Pure Print printers and the office development known as Kingfisher Court
The premises comprise an industrial unit of steel frame construction with profile cladding. They have been extended and refurbished with modern cladding and mirrored windows to the front elevation. The ground floor has a gross internal area of 792 sq m (8525 sq ft) arranged as warehouse & production area, test department, offices, staff room/kitchen/rest room and separate male and female cloakrooms. There is a mezzanine floor over having a usable area of 140.4 sq m (1511 sq ft) arranged as offices, second staff/rest room, meeting room and further male and female cloakrooms.
Outside there is a substantial staff car park to the side and loading area with roller shutter door to warehouse. The area is fence enclosed with security access barrier. There is a further car parking area to the front of the premises, also fence enclosed, with security barrier for directors and visitors. The remaining external area has been landscaped.
The premises are let to the company MPE Electronics Limited on a normal fully repairing and insuring lease for a term of 15 years from 1 January 2014, ending on, and including 31 December 2028 with rent review at 1 November 2018 and 5 yearly intervals thereafter. The rent was set at £60,000 at this review. Further information regarding the tenant can be found at their web site: www.mpe-electronics.co.uk
The premises are offered for sale freehold, subject to the current lease. Offers sought in the region of £950,000 representing a return of 6.3% before purchasers costs.