£1,850,000

Industrial for sale

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Just added
Freehold

£1,850,000

(£69.30/sq. ft)

Industrial for sale

The Old Bakery, Lower Gower Road, Royston SG8

26,695 sq. ft

Local area information

Property location

Nearby amenities

  • Royston 0.2 miles
  • Roysia Middle School 0.3 miles
  • Roman Way First School 0.3 miles
  • Meldreth 2.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • 7 Self contained commercial units
  • Currently producing £102,000 per annum
  • Potential income of £132,000 per annum
  • 1 mile from the A10 & A505
  • Less than 30 miles from the M25
  • 0.2 miles from Royston Railway Station
Description

The site presents an extremely rare opportunity to acquire 7 commercial units within a self-contained estate with various asset management and long-term development prospects. Our client owns 7 out of the possible 9 units. The portfolio is currently income producing £114,000.00 per annum exclusive with a potential income of £132,000.00 per annum subject to the vacant unit being occupied.

Unit 1 - Currently producing £12,000 per annum, lease expires 1 January 2030
Unit 5 - Currently vacant
Unit 6 - Currently producing £30,000 per annum, lease expires 1 January 2031
Unit 7 - Currently producing £12,000 per annum, lease expires 20 March 2028
Unit 8 - Currently producing £12,000 per annum, lease expires 31 August 2028
Unit 9 - Currently producing £18,000 per annum, lease expires 18 August 2031
Units 10 & 11 - Currently producing £30,000 per annum, lease expires 1 January 2030

Location

The site is located on Lower Road in Royston 0.2 miles away from Royston Railway Station within a recognised light industrial site. The site is strategically located with excellent access to the A1, A10 and A505 network providing access into Cambridge. Central London is 48 miles.

Floor plans and tours

Floor plans (1)

1 floor plan available

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Property descriptions and related information displayed on this page are marketing materials provided by - David Charles Property Consultants. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact David Charles Property Consultants for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Hertfordshire
  4. Royston
  5. Lower Gower Road