Land & Buildings Adjacent To Harefield Farm, Gayton Road Under Offer

Summary

Rarely available freehold development/investment opportunity

• Rarely available freehold development/investment opportunity
• Partly converted, former farm yard
• Income producing
• Significant opportunity to convert remaining buildings

Location

The premises comprise a former farm yard fronting onto Gayton Road close to the village of Eastcote. There is good access to the A5 at Fosteers Booth which provides a direct link to Milton Keynes and Northampton (via the A43).

The surrounding locality comprises predominantly open farm land but there are a range of amenities provided within the nearby villages.

Accommodation

The premises comprise a former farm yard standing upon a site extending to approximately 1.65 acres (0.67 ha). Several of the buildings have been converted to provide industrial units that are tenanted with several further buildings that are currently vacant or partly developed and offer an opportunity to add significant value to the site.

Externally, the premises stand upon a large site with access gained from Gayton Road. There is a designated car park for tenants and visitors and ample circulation space allowing easy access to each property.

Floor Areas

Site Area	2 Acres	0.67 Hectares

Terms

The premises are available freehold subject to the existing tenancies.

Several of the properties are currently occupied on an informal basis generating a current income of approximately £52,000 per annum. There is significant potential to increase the current rental income.

Legal Costs

Each party is to be responsible for their own legal costs.

VAT

It should be noted that all figures quoted either verbally or in writing are exclusive of VAT unless specifically stated.

Services

We understand that mains electricity and water are provided to the site. Drainage is via a septic tank. It should be noted that none of the services have been tested and it is up to prospective occupiers to ensure that the facilities are installed and working to their own satisfaction.

Service Charges

Energy Performance Certificate Rating

Awaited.

Other Information

In accordance with Money Laundering Regulations, please be aware that any prospective purchaser will be asked to produce I.D. documentation when a sale is agreed and we ask for your cooperation in order to not delay matters.

Viewing

To view and for further details please contact:

Charles Church
Email: cc@underwoods.co.uk
Telephone: 01604 404060
Direct Dial: 01604 783004

Ravi Varambhia
Email: rv@underwoods.co.uk
Telephone: 01604 404060
Direct Dial: 01604 774149