7 Keys Road, Nixs Hill Industrial Estate, Somercotes, Alfreton, Derbyshire, DE55 7FQ

LOCATION
The subject property is situated with a frontage to Keys Road within the Nixs Hill Industrial Estate, which is one of three industrial estates on the edge of Alfreton, Derbyshire.

The location is to the southern side of the A38 within 3 miles of Junction 28 of the M1 Motorway.

The proximity of the A38 provides quick access to the M1 and to the areas of Nottinghamshire, Derbyshire and South Yorkshire.

Nixs Hill Industrial Estate is accessed from Nottingham Road (B600) which links directly with the centre of Alfreton, approximately 0.5 miles to the north.

DESCRIPTION
The subject property comprises a number of interconnected commercial buildings varying from single storey office accommodation through to high bay warehousing of a variety of constructions.

The wider site includes vehicle parking, service and loading areas, being predominantly tarmacadam surfaced.

The site also includes woodland areas, with the overall site area including buildings and hard surfaced land areas extending to approximately 7 acres.

EXISTING TENANCIES
The property is fully tenanted and income producing on the following terms.

Tenant: SIA Abrofoam Limited (02954615)
Lease Date: July 2023
Terms: 5-years
Repairs: Full Repairing and Insuring, subject to a Photographic Schedule of Condition
Break Clause: The Tenant has the right to break the existing lease with 6 months' notice at any time after January 2027

TENANT PROFILE
Tenant: SIA Abrofoam Limited (02954615)
Parent Company: SIA Abrasives Holding Limited
Ultimate Holding Company: Robert Bosch GMBH
Tenant Most Recent Turnover: £13,000,000
Experian Credit Report: 100/100 (Very Low Risk)

PURCHASE PRICE
Offers are invited above £3,000,000 (Three Million Pounds)

Subject to the benefit of the current Occupational Lease.

PLANNING
We understand that the property has Planning Consent for its existing office use.

For further information on planning and use, please contact Amber Valley Borough Council Planning Control Department.

EPC (Energy Performance Certificates)
The subject property has a current EPC of E104 which expires on 20 March 2033.

A copy of the existing building's Energy Performance Certificate can be obtained from the Agents

BUSINESS RATES
Rateable Value: £233,000

For further information on Rates Payable contact Amber Valley Borough Council.

VAT
Prices are quoted exclusive of Value Added Tax (VAT).

LEGAL COSTS
Each party will be responsible for their own legal costs incurred in this transaction.

VIEWING
Strictly by prior appointment with the Sole Agents Musson Liggins Ltd.