Units 8 and 13, Peart Road Derwent Howe Industrial Estate Workington Cumbria CA14 3YT

  • Units 8 and 13, Peart Road<br>Derwent Howe Industrial Estate<br>Workington<br>Cumbria<br>CA14 3YT

Units 8 and 13, Peart Road
Derwent Howe Industrial Estate
Workington
Cumbria
CA14 3YT

Freehold Ground Rent Investment

  • Industrial Estate Ground Rent Investment
  • Site area of 0.77 Ha (1.90 Acres) with two warehouse units and yard areas
  • Popular industrial location
  • VAT Free Investment
  • Lot
    65
  • Auction
    25th September 2024
  • Rent
    £770 per Annum Exclusive
  • Status
    Sold
  • Price
    £11,000
  • Auction Venue
    Live Streamed Auction
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Freehold Ground Rent Investment

  • Industrial Estate Ground Rent Investment
  • Site area of 0.77 Ha (1.90 Acres) with two warehouse units and yard areas
  • Popular industrial location
  • VAT Free Investment
  • Lot 65
  • Auction 25th September 2024
  • Rent £770 per Annum Exclusive
  • Status Sold
  • Price £11,000
  • Sector
    Ground Rent
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
30 miles east of Carlisle, 50 miles north west of Lancaster
Roads
A595, A597, M6
Rail
Workington Railway Station
Air
Manchester Airport
Situation

The property is well located on the Derwent Howe Industrial Estate, situated within a predominantly industrial area with Clay Flatts Industrial Estate and Clay Flats Trading Estate located nearby.

Tenure

Freehold.

Location
Miles
30 miles east of Carlisle, 50 miles north west of Lancaster
Roads
A595, A597, M6
Rail
Workington Railway Station
Air
Manchester Airport
Situation

The property is well located on the Derwent Howe Industrial Estate, situated within a predominantly industrial area with Clay Flatts Industrial Estate and Clay Flats Trading Estate located nearby.

Tenure

Freehold.

Description

The property comprises a site of approximately 0.77 Ha (1.90 Acres) upon which sits two warehouse units with associated roadways and yard areas.

The remaining warehouse units and yards within the site do not form part of the sale. Please see the title documents for further details.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a site of approximately 0.77 Ha (1.90 Acres) upon which sits two warehouse units with associated roadways and yard areas.

The remaining warehouse units and yards within the site do not form part of the sale. Please see the title documents for further details.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit Tenant Term Rent p.a.x. Reversion
Unit 8 DEFY LIMITED 150 years from 08/12/2006
£520
07/12/2156
Unit 13 DERWENT FLUID PROPERTIES LIMITED 125 years from 01/12/2003
£250
30/11/2128

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
Jon SkerryJon Skerry +44 (0)20 7034 4863 +44 (0)7736 300 594jon.skerry@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Seller's Solicitors
Stevens & Bolton LLP Wey House, Farnham Road
Guildford
GU1 4YD
Joanne Purnell 01483 302264joanne.purnell@stevens-bolton.com  Laura Van Eyken +44 (0)1483 406982Laura.Vaneyken@stevens-bolton.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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