Under Offer

Description

INDUSTRIAL INVESTMENTS FOR SALE. Units 3 & 6 Townsend Piece are two modern, single storey industrial units within a terrace of eight and are conveniently located within direct access from the A41 Bicester Road, half a mile north west of Aylesbury town centre. Townsend Piece comprises a small development with a number of industrial, commercial and trade counter type uses. Aylesbury lies approximately 44 miles north west of London, 26 miles east of Oxford, 22 miles west of Luton and 18 miles north west of Hemel Hempstead. Unit 3 measures 980 sq ft with 1 car space and is Let to Titanium Heat Treatment Services Ltd on a 5 year lease from 18.03.2016. Tenants break at year 3 at a rent of £8,500 per annum exclusive. The lease has been excluded from the Security Provisions of the Landlord and Tenant Act 1954 Part II. Tenant has now serviced Notice to Determine the lease. Unit 6 is 1,300 sq ft with 2 car spaces and is let to Waquas UI Hassan t/a Bucks Heating & Plumbing Supplies (Guarantor A Ahmed) on a 5 year lease from 14.12.2016 at a rent of £10,000 per annum exclusive for years 1 & 2 and £10,500 per annum exclusive for years 3,4 & 5. The lease has been excluded from the Security Provisions of the Landlord and Tenant Act 1954 Part II. The investment is for sale individually or as a whole. Unit 3 is £157,000 plus VAT and Unit 6 is £208,000 plus VAT.

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