Unit 1E Magna 34 Business Park, Temple Road, Templebrough, Rotherham, S60 1DX
£152.15 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
5,751 sq ft
534 sq m
- SECTOR
Light industrial facility for sale
Key features
- New build industrial/trade unit let to undoubted covenant
- Excellent Position on Sheffield Road, Close to J34 M1
- A new 10 year lease with a passing rent of £57,500 per annum
- Quoting price £875,000, Net Initial Yield of 6.22%
Description
The unit provides the following specification:
> 5,751 sq ft GIA
> 6m Eaves Height
> Modern Fitted Out Office Accommodation
> Full Height Roller Shutter Loading Door Access
> Secure yard and parking area
> 10 Parking Spaces
Lease Terms
Let to Huws Gray Ltd (Company No.: 02506633)
A new 10 year lease from 23 Nov 2023
Tenant only break option at Year 5, subject 6 months notice
Passing Rent: £57,500 pa
5 months rent free (rent commencement 23 April 2024)
Rent Review at Year 5 to the higher of passing or Open Market Rent
The Tenant
Huws Gray is the UK's largest independent builders' merchant, supplying building materials to trade and DIY customers from over 250 locations across England, Scotland and Wales. The group had a turnover of £1,553,525,000 and a pre tax profit of £66,751,000 in their year ending Dec 22 accounts.
Brochures
Unit 1E Magna 34 Business Park, Temple Road, Templebrough, Rotherham, S60 1DX
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Meadowhall South/Tinsley Tram Stop0.9 miles
- Meadowhall Station1.3 miles
- Rotherham Central Station1.3 miles
About Commercial Property Partners LLP, Sheffield
5th Floor 11 Leopold Street Sheffield S1 2GY
Commercial Property Partners is a private firm of advisors who specialise in the disposal, acquisition and management of all types of commercial property. With offices in Sheffield, Nottingham and London, our team has a wealth of knowledge and experience covering all sectors Office, Industrial, Retail, Development and Investment.
The strength of the business is defined by the quality and experience of the team.
Notes
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