Well-let warehouse pair with secure yard, strong covenant and excellent road links..
• Freehold pair of light industrial units totalling c.5,940 sq ft
• Let producing £38,600 per annum to single strong covenant
• Large secure yard and 38m frontage with vehicle turning/loading
• Two full-height roller shutters and three-phase electricity supply
• Ancillary offices to the front and practical internal mezzanine/work areas
• Offers sought circa £565,000 for the single lot
• Local area: deprived classification and higher-than-average crime rates
• Buildings are functional; condition and service details require inspection
This freehold pair of adjoining single-storey units offers an immediately income-producing light industrial investment on an established Alfreton estate. The buildings total approximately 5,940 sq ft and sit on a large secured yard with direct frontage to Lydford Road, providing strong vehicle circulation and loading access. The estate location gives quick A38 and M1 links suitable for regional operators.
Let to a single tenant on identical occupational leases from 1 August 2025, the property currently generates £38,600 per annum. The leases are on a full repairing and insuring basis and the units benefit from practical industrial features: two full-height roller shutters, three-phase electricity and ancillary offices to the front.
Buyers should note the local context: the immediate area is classified as deprived with higher local crime levels and an ageing urban community profile. The buildings are functional rather than high-spec and inspection is recommended to confirm condition, services and lease documentation before exchange.
This asset suits investors seeking a compact, well-let light industrial holding with secure external space and good transport connectivity. The sale is offered around £565,000 as a single freehold lot; purchasers should verify covenant strength and lease terms during due diligence.
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