Summary - 2 UNION STREET SUTTON-IN-ASHFIELD NG17 5EL
1 bed 1 bath Light Industrial
**Standout Features:**
- Fully let light industrial unit
- Attractive yield of 8.5%
- Total floor area of approximately 966 sq ft
- Ideal for various industrial or storage uses
- Prime location near A38 and Junction 28 of M1
- Long leasehold: 999 years with a nominal ground rent of £1 per year
- Close proximity to essential amenities and schools
**Potential Downsides:**
- High crime rate in the local area
- Structural concerns due to low ceiling height and industrial style aspects
Discover a promising investment opportunity with this fully let light industrial facility located in downtown Sutton-In-Ashfield. Boasting a robust yield of 8.5%, this 966 sq ft space presents a versatile canvas, suitable for various industrial or storage applications. The property is strategically situated for easy access to the A38 and Junction 28 of the M1, ensuring excellent connectivity for your business ventures.
With a long leasehold of 999 years and a minimal annual ground rent of just £1, this industrial unit offers significant long-term value. The surrounding community features numerous amenities within walking and cycling distance, making it convenient for staff and clients alike.
While the local area does face a high crime rate, the potential for growth and the property's yield make it an attractive option for savvy investors seeking to capitalize on ongoing market improvements. Don't miss out on this unique opportunity to secure a prime industrial asset in a rapidly transforming location!
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