7 Kingsley Street

Under Offer


7 Kingsley Street


7781 sq ft (722.88 sq m)



The freehold interest in the premises, subject to a sale and leaseback in accordance with the terms outlined, is available at a purchase price of £500,000, which will show an initial yield of 6.55% before costs of acquisition. The unit comprises an inner terrace single storey workshop/warehouse facility that has been substantially refurbished recently. The premises are constructed around a steel portal frame, with brick elevations fronting Kingsley Street and full height cladding to the rear. The roof has been replaced with a profiled and plastic-coated steel sheet roof. Internally, the front offices have been extended, with the provision of open plan office areas, meeting rooms and ancillary workshop accommodation, together with well appointed WC and kitchen facilities. To the rear of this is the warehouse that provides clear and unencumbered accommodation, with an eaves height of approximately 4 metres. Loading is facilitated by means of a roller shutter door within the rear elevation that leads out onto a rear service yard. Car parking is available on Kingsley Street.

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