Property photos
Just added
Freehold
Offers in region of
£625,000
(£114.11/sq. ft)
Property for sale
Marlborough Delivery Office, Back Lane, Marlborough SN85,477 sq. ft
Available immediately
Local area information
Property location
Nearby amenities
- Marlborough College 0.2 miles
- Marlborough St Mary's CE Primary School 0.3 miles
- Pewsey 5.6 miles
- Bedwyn 6.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Marlborough to find out more about the local area.
Features and description
- Freehold
- Net Initial Yield: 5.75% (Assuming purchase costs of 6.8%)
- Freehold for sale.
- Building: 5,477 sq ft (gia).
- Site: 0.428 acres.
- Let to Royal Mail Limited until 18th March 2028.
- Total rent reserved of £37,780 per annum exclusive.
- An affluent and historic market town
The property was built for Royal Mail as their delivery and sorting office. It is a detached industrial/warehouse building of steel portal frame construction with brick and block walls under a tiled mansard style roof. The property has an eaves height of 6.7m with a maximum of 7.9m in the ground floor warehouse space. The building sits on a 0.428 acre site benefitting from a concrete brushed finish. The secure yard has 11 marked car parking spaces, and there are a further 9 allocated car parking spaces to the side of the property.
The ground floor warehouse benefits from suspended strip lighting, gas fired warm air blowers, vinyl flooring throughout, single and double personal access doors, two small private offices, male and female WC's and a disabled WC. The first floor has open plan office accommodation and a staff room/canteen benefiting from a suspended ceiling with mineral fibre tiles, fluorescent strip and LED lighting, gas fired heating system, carpet and vinyl flooring, kitchen with hot water heater.
Planning: For a Royal Mail Sorting Office or B1 Light Industrial Use.
Total rent reserved of £37,780 per annum exclusive.
Net Initial Yield: 5.75%
(Assuming purchase costs of 6.8%)
Freehold for sale.
Building: 5,477 sq ft (gia).
Site: 0.428 acres.
Let to Royal Mail Limited until 18th March 2028.
An affluent and historic market town
The premise is let entirely to Royal Mail Group Limited on a 10-year Fri lease commencing 19th March 2018. The passing rent is £37,780 per annum and the lease is within the provisions of the Landlord and Tenant Act 1954.
The ground floor warehouse benefits from suspended strip lighting, gas fired warm air blowers, vinyl flooring throughout, single and double personal access doors, two small private offices, male and female WC's and a disabled WC. The first floor has open plan office accommodation and a staff room/canteen benefiting from a suspended ceiling with mineral fibre tiles, fluorescent strip and LED lighting, gas fired heating system, carpet and vinyl flooring, kitchen with hot water heater.
Planning: For a Royal Mail Sorting Office or B1 Light Industrial Use.
Total rent reserved of £37,780 per annum exclusive.
Net Initial Yield: 5.75%
(Assuming purchase costs of 6.8%)
Freehold for sale.
Building: 5,477 sq ft (gia).
Site: 0.428 acres.
Let to Royal Mail Limited until 18th March 2028.
An affluent and historic market town
The premise is let entirely to Royal Mail Group Limited on a 10-year Fri lease commencing 19th March 2018. The passing rent is £37,780 per annum and the lease is within the provisions of the Landlord and Tenant Act 1954.
More information
Listed by
Graham + Sibbald
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