A modern warehouse building providing some 8,000ft² (743m²) – available for sale (ground leasehold)

Industrial, Investments/developments/land, Newport

Price Guide - £650,000
Location – Newport
Space: 8,000ft² (743m²)
Providing in total some 8,000ft² (743m²) with excellent eaves height of about 25’ (7.6m), the premises could suit subdivision and at present effectively comprises three sections. There is parking to the front of the unit, plus a sizeable concrete yard to the side for additional parking/storage/expansion if required. The premises benefits from up-and-over style roller shutter doors and incorporates a small office to the front of the unit, with separate WC, kitchenette facility and glazed lobby. We understand that the property is held on the balance of a 125-year ground lease with 106 years unexpired, at a current ground rent of £25 pa. The freehold is, we understand, vested in the Isle of Wight Council.