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Modern Freehold Industrial Investment In Northolt For Sale

Northolt, London, UK
Asking Price:
£950,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

Rare freehold industrial investment opportunity within the modern Belvue Business Centre in Northolt. Producing an annual rental income of £42,000, rising to £45,000 during the lease term, this investment offers an attractive opportunity to acquire an income-producing commercial property in an established West London industrial location.

The property benefits from excellent access to the A312, A40 and M25 motorway network, providing convenient links to Central London, Uxbridge and the wider South East. Northolt Underground Station (Central Line) is within walking distance, offering direct access into Central London and the wider Underground network.

The modern business unit extends to approximately 3,300 sq ft and comprises warehouse accommodation on the ground floor with ancillary first floor office and storage space. The property benefits from a roller shutter loading door, loading bay, three-phase power, two WC facilities, allocated parking and an open-plan layout suitable for a range of industrial and storage occupiers.

The property is sold freehold subject to an existing full repairing and insuring lease to Century Ceramics PVT Ltd, providing immediate rental income. Enquire today for further investment information or to arrange a viewing.

Property Information

Property:

Freehold

Lease Terms:

Current Rental Income: £42,000 per annum rising to £45,000 per annum.

Net Initial Yield: 4.42%.

Tenure: Freehold subject to an existing lease.

Tenant: Century Ceramics PVT Ltd (Company No. 15342432).

Lease Term: Five-year full repairing and insuring lease from 12 April 2024 to 11 April 2029.

Lease Security: Three-month rent deposit and personal guarantor held by the landlord. The tenant is currently in arrears.

Premises Details:

Modern steel portal frame business unit with profile metal cladding beneath a pitched roof. Ground floor warehouse with first floor office and storage accommodation, roller shutter loading door, loading bay and allocated parking.

Ground Floor Warehouse: 1,650 sq ft

First Floor: 1,650 sq ft

Total: 3,300 sq ft

Size in square feet:
3,300 sq ft
Planning Consent:

Suitable for Use Class B8 (Storage or Distribution).

Business Operation

Expansion Potential:

Future rental growth in accordance with the existing lease.