Moorbridge Road East, Bingham, NG13 8GG, UK

Miller House, Bingham, Nottingham NG13 8XB

Description

Rare opportunity to acquire a well let, newly developed industrial estate in a key suburb of a major UK city.

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Building area gross

3,124 m²

Year built

2018

Land area gross

3,124 m²

An opportunity to acquire a high-quality modern warehouse facility in a growing commuter town.
Located in a well-established industrial estate with immediate access to the A46, A52 and A1.
Local occupiers include Screwfix, Lidl and ATS.
The property comprises two modern warehouse units built to a high specification in 2019 and 2021.
The Workplace Depot Ltd have been in occupation since practical completion.
The property will be let for a lease term of 10 years with a tenant break option at year 5.
The property totals approximately 33,626 sq ft GIA.
The passing rent will be £265,000 per annum, reflecting a low rental value of £7.88 psf.
EPC Rating of B.
Freehold.