Property Details
Pugh Auctions
Lot 072
Lot 072
Auction: October Auction 2015 22/10/2015

Units A, B And C Queens Court, Crown Farm Industrial Park, Fletchers Way, Forest Town, Mansfield, Nottinghamshire, NG19 0FN

Property Placeholder
Withdrawn
Property Details
Location

The property is situated on the Crown Farm Industrial Park approximately 3 miles east of Mansfield town centre and within 9 miles of the M1 motorway. Fletchers Way can be accessed via the A6117 and A60. Nottingham city centre is approximatley 13 miles south and Sheffield city centre 21 miles to the north.

Description

Three industrial units comprising warehouse, workshop and office space on a self contained site of approximately 0.69 hectares (1.69 acres).

Outside

Car parking and yard space.

Approx Site Area

Approximately 0.69 Hectares (1.69 Acres).

Tenure

Leasehold until 29th September 2116 at a ground rent of ú16,175 per annum. To be revised every 5 years (last review 2013).

VAT

VAT is payable on the purchase price unless the conditions are satisfied for it to be treated as a TOGC.

Addendum

The rent on Unit A is currently ú25,000 per annum. Unit C is vacant and a letting is agreed at a rent of ú32,500 per annum to expire in April 2020. The current combined annual rent is ú48,250 and the letting agreed will increase it to ú80,750. VAT is payable on the purchase price. VAT is payable on the purchase price unless the conditions are satisfied for it to be treated as a TOGC.

Property Location Address:
Units A,
B And C Queens Court,
Crown Farm Industrial Park,
Fletchers Way,
Forest Town,
Mansfield,
Nottinghamshire,
NG19 0FN
Auction Details
Auction: October Auction 2015 Date: 22nd October 2015 Lot Number: 072 Doors Open: 12:00pm Bidding Starts: 12:00pm
Address:
Manchester City Football Club,
Manchester,
M11 3FF

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