Drumrainey Business Park, 5 Grange Road, Magherafelt, BT45 5EL

Price Not Provided

Deposit

Not Provided

Rates Included?

Not Included

Rates

Not Provided

Industrial Property

Available from Fri, 18 Nov 2022

Contact Agent

Burns & Co Commercial (Magherafelt)

Description & Features

Excellent Newly Constructed Industrial Units.
Situated on outskirts of Magherafelt on Grange Road.
Suitable for variety of uses (subject to relevant planning & other statutory approvals etc)
EPC Rating: TBC

The subject property comprises 4,908 sq ft warehouse which has the potential to be sub divided to provide 3 x individual units. The property benefits from block and clad walls to eaves height which extends to approximately 5.7 metres. Each unit will benefit from electric roller shutter door to front elevation. The units also benefit from screed floor, lighting is by means of perspex roof panels.

Accommodation:

Unit E - 151 sq.m / 1625 sq.ft.
Unit F - 151 sq.m / 1625 sq. ft.
Unit G - 154 sq.m / 1658 sq.ft.

TITLE
Assumed freehold or long leasehold subject to a nominal ground rent

RENT
£6.00 per square foot plus VAT plus rates.

LEASE TERMS
Term - 5 Years
Rent Review - 3 Yearly
Insurance - FRI Basis

NAV
Not Assessed.

EPC
To Be Confirmed.

VAT
The property may be subject to VAT at the prevailing rate.

VIEWING
Strictly by appointment through agent.

Excellent newly constructed Industrial units situated on outskirts of Magherafelt.
The subject property comprises 4,908 sq ft warehouse which has the potential to be sub divided.
Accommodation includes: Unit E: 1,625 sq.ft.; Unit F: 1,625 sq.ft.; Unit G: 1,658 sq.ft. (approx.)
The property benefits from block and clad walls to eaves height which extends to approximately 5.7 metres.
The units also benefit from screed floor, lighting is by means of perspex roof panels.
Each unit will benefit from electric roller shutter door to front elevation.
Lease terms comprise the following: Term - 5 Years; Rent - £6.00 psf plus VAT plus rates; Repairs - FRI Basis.
Current Rates - (NAV - Not assessed).
The property may be subject to a service charge - details to be provided.
The property may be subject to VAT at the prevailing rate.
Suitable for variety of uses (subject to relevant planning & other statutory approvals etc).