A commercial site in St Peter’s, that is currently let at £114,600 per annum is to go under the hammer at auction with a freehold guide price of £1m-£1.2m.
Lambert’s Yard in Dane Valley Road covers a touch under an acre and has 15 industrial units, with all but two let.
It is among 170 lots listed for sale by Clive Emson, the land and property auctioneers, ahead of its next sale.
Jon Rimmer, auction appraiser, said: “While two units are empty, we understand there is a potential tenant for them which would bring in another £15,000 per annum.
“The site has a gated entrance and it has hardstanding throughout.
“Investors are likely to be attracted to this rent machine that has a strong income.”
The sale will conclude on Friday 1st November.
Find the lot here@ https://www.cliveemson.co.uk/properties/253/112/
