Summary - UNITS 10 AND 11, JAMES COURT, FARADAY ROAD NR31 0NF
1 bed 1 bath Commercial Property
Secure long-term income from an established offshore occupier near major road links.
- Freehold industrial estate units totalling 1,066 sqm (11,478 sq ft)
- Long-established offshore engineering tenant since 2016
- Passing rent £54,000 per annum exclusive
- Close to A47; strong vehicular access and surfaced yard
- Mix of buildings: temporary hooped unit and steel-framed units
- Eaves heights approx 4.0–4.4m; roller shutter access
- Ancillary blast/paint bays and portacabin offices on yard
- Temporary single-skin unit may need replacement or upgrade
A substantial freehold industrial investment comprising four workshop/warehouse units totalling 1,066 sqm (11,478 sq ft) on Gapton Hall Industrial Estate, close to the A47. The site is occupied by a long-established offshore engineering tenant since 2016, producing a contracted rent of £54,000 per annum exclusive. The estate setting and good vehicular access suit continued light industrial or engineering uses.
The accommodation includes a mix of building types: a temporary single-skin hooped building, steel-framed units with eaves heights ~4.0–4.4m, interconnecting roller-shutter access and ancillary blast/paint bays, canteen block and portacabin offices. The yard is surfaced for deliveries and on-site parking; the plot is large and offers operational space and yard flexibility.
As an investment this offers immediate income and tenant longevity, with potential to add value through targeted refurbishment of the temporary unit and yard-based improvements. Note the single-skin portable unit and site-specific blast/paint facilities may limit alternate uses without alteration and could require maintenance or upgrade.
Practical positives include freehold tenure, no flood risk, good broadband speeds and low local crime. Buyers should plan for tenant management, routine industrial maintenance and selective capital expenditure to modernise the temporary structure and external yard accommodation where needed.
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