Industrial Property For Sale Penbeagle Industrial Estate, St Ives, TR26 2JH

A very rare opportunity to purchase a fully let, income producing industrial investment in the heart of St Ives' only business park, Penbeagle Industrial Estate. The investment comprises a terrace of 5 industrial units which has been re clad and has benefitted from a new roof overlaying the original roof. Each unit has its car parking area and access to each unit is either via pedestrianised access to the front or via loading doors to the rear. There is potential for further asset management/development opportunities and the property benefits from planning permission to erect an additional business unit on the south eastern elevation. The asset produces an annual income of £65,266 pa. There is also an opportunity to acquire the neighbouring high yielding car wash at the same time.r

* Fully Let Light Industrial/Office Investment
* Annual Income Of £65,266 Pa
* Potential Asset Management Opportunities
* Planning Permission For An Additional Unit
* Neighbouring Car Wash Also Available For Purchaser

DESCRIPTION:
The property comprises a terrace of 5 industrial / business units with parking to the front and sides and with loading doors to the rear.
Unit 5A is let to Rachel Williams & Gail Bagshaw (T/A Coast 2 Coast) a well known and long established laundry and linen hire company
Unit 5B is let to William Carver (T/A St Ives Printing) a very well established bespoke printing company
Unit 5C is let to Parc Owles Construction & Developments Ltd
TENURE:
The property is held freehold.
PROPOSAL:
An asking price of £925
ENERGY PERFORMANCE CERTIFICATES:
The property has the following EPC certificates:
Unit 5A - B (39). Expires May 2031
Unit 5B - E (113). Expires May 2031
Unit 5C - E (115). Expires May 2031
Unit 5D/1 - D (95). Expires May 2031
Unit 5D/2- N/A - low energy unit used for storage only
VAT:
Please note this property is not registered for VAT.
CONTACT INFORMATION:
For further information or an appointment to view please contact either:-
Tom Smith or via email or
Mike Nightingale or via email
VIEWING:
Strictly by prior appointment through Miller Commercial.
AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] No responsibility is taken for expenses incurred should the property be sold