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Dancroft Mill, Gauxholme Fold, Todmorden

For Sale

£425,000
12881 Sq Ft | Ref: 103962

Industrial, Investment

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For further information and viewing arrangements please contact:

Johnjoe Wright

Tel: 01422 430020

Email Johnjoe Wright

Property details

Fully Let Industrial Investment
12,881 Sq Ft (1196.67 Sq M)
Current Rental Income of £30,033 pax
Potential Reversionary Yield of 10.45%

The property comprises a Northlight mill premsies with a two storey workshop premises along Gauxholme Fold.

Internally, the property is divided into 8 fully let units each with either direct access into the unit or access via a communal loading bay. The property benefits from drive in roller shutter door a solid concrete floor, three-phase electricity and several personnel doors.

The property has a potential gross rental value (ERV) of £44,430 per annum exclusive, reflecting a potential gross reversionary yield of 10.45%.

Full tenancy details are available on request.

Location

The premises are situated to the South of Todmorden Town Centre, at Gauxholme Fold which connects immediately to the A6033 Rochdale Road, at its junction with the A681 Bacup Road. Ideally located for trans-pennine trading.

EPC

Available on request

VAT

The prices quoted are exclusive of VAT (if applicable)

Terms

The Freehold Interest of the property is available For Sale with Full Vacant Possession.

Rates

Unit 1: £6,700
Unit 2: £3,350
Unit 3: £3,350
Unit 4 & 5: £4,850
Unit 6: £2,550
Unit 7: £3,000
Unit 8: 2,450

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