Key Information
- 16 Residential and Industrial properties
- Fully Let - income £183,127 pa
- Price £2,750,000
- Price £2,750,000
- A mixed use Property Investment Portfolio in Syston, Hinckley and Peterborough with various industrial & residential assets.
- Price £2,750,000
Excellent opportunity to acquire a mixed-use investment portfolio within the East Midlands. Containing 16 properties that are fully let and producing a collective income of £183,127 per annum. All modern industrial and residential properties.
Location
The property is situated on Mulberry Way that lies off Outlands Drive, approximately 2 miles northeast of Hinckley town centre and close to Wykin Park. The A47 nearby facilitates access to the A5 and the M69 motorway at J1.
VAT
The industrial properties are elected for VAT, though this element of the transaction is likely to be treated as a Transfer of a Going Concern (TOGC), provided HMRC requirements are satisfied. The residential element will not attract VAT.
EPC
Available upon request.
Viewing
Viewings are by appointment with sole agents Innes England
Legal Costs
Each party is to bear their own legal costs incurred.