Sold STC

Cornwall Road, Pinner, Greater London, HA5

2,808 Sq Ft
  • Type: Industrial, Investment
  • Availability: Sold STC
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Property Features

  • Existing Building Fully Let
  • Short Licences
  • Vacant Possession Available
  • Planning Consent to Redevelop
  • Close to Hatch End Station
  • Freehold For Sale £925,000
  • Parking for 10 cars
  • Scope to Extend

Property Summary

Phoenix Works is a single storey industrial/warehouse unit sitting within a securely fenced yard area. The unit consists of 2,808 sq ft and the total site area is 5,400 sq ft providing external storage space for up to 10 cars or additional container storage.

The property is currently arranged a 5 units which are occupied under short term licence agreements, producing an income of £41,500 per annum inclusive of utilities. The currented estimated rental value is £56,000 per annum (based on £25 per sq ft). There are solar panels on the roof which generate a further income of £3,000 per annum. Full vacant possession is available if required.