All the properties featured on this website are
available for sale, all of which are mortgage and
charge-free.
Oakmount Mill.
.
The fully-let Oakmount Mill is for sale at offers over £200,000 +
VAT; an amazingly high initial yield of 11.26% based on the annual, exclusive
rent of £22,533 p.a. - 95% of which is from a blue chip PLC tenant, with a rent
review due in September 2012.
Throstle Nest Mills.
Throstle Nest Mills, comprising 36,000 sq. ft. is for sale
with vacant possession at £475,000 ono + VAT.
Alternatively, the property is available as two fully self-
contained units of 19,250 sq. ft. @ £249,950 o.n.o + VAT
and 16,750 sq. ft. @ £229,950 o.n.o.+ VAT.
The factory is fully lit, heated and alarmed, with canteen,
showroom and WC facilities and ready for immediate
occupation.
The property has numerous planning consents, including:
industrial; wholesale, storage & distribution; offices,
research & development; cash & carry and week-end
retailing.
As the property sits right in the middle of an improvement
area, it could also be re-developed for housing, subject to
planning consent.
Dale Mill
The fully-let Dale Mill is for sale at £1,895,000 o.n.o +
VAT, a yield of 9% based on the annual, exclusive rent of
£172,150. The main tenant is a multi-national PLC that
accounts for 80% of the rent.
Alternatively, the whole site could be re-developed, subject
to planning consent. The land enclosed by a red border in
the picture below that used to belong to the site
has already been developed and the land enclosed by a
blue border still belonging to the site is ripe for
development now.