Property Details
Pugh Auctions
Lot 026
Lot 026
Auction: September 2018 (L)

9 Glaisdale Drive East, Bilborough, Nottingham, Nottinghamshire, NG8 4GU

Property Details
Location

Glaisdale Drive East is off Wigman Road which is accessed from Western Boulevard in the centre of an industrial area of Bilborough in Nottingham

Description

Industrial investment comprising an industrial unit let at £65,000 per annum for 10 years from August 2017. The ground rent is £52,286 per annum (fixed). Thus giving a profit of rent of £12,714 per annum.

Approx Site Area

Unit extending to approximately 1217 sq m (13100 sq ft) plus fenced compound Site approximately 0.48 hectares (48.18 ares).

Planning

Interested parties should consult direct with the Local Planning Office, Nottingham City Council, LH Box 5 Loxley House Station Street Nottingham NG2 3NG United Kingdom. Tel: 0115 876 4447

Tenancy

Sublease: 10 years from 14 August 2017 at £65,000 per annum (break at 5 years) Creative Surface Solutions Limited Ground Lease: March 1962 to March 2061 43 years unexpired £52,286 per annum.

General

Measurements taken from the VOA website

Property Location Address:
9 Glaisdale Drive East,
Bilborough,
Nottingham,
Nottinghamshire,
NG8 4GU
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Auction Details
Auction: September 2018 (L) Date: 4th September 2018 Lot Number: 026 Doors Open: 10:30am Bidding Starts: 12:00pm
Address:
Leeds United Football Club,
Leeds,
LS11 0ES

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