Units 4, 5, 6 & 7, Benedict Square, Werrington, Peterborough, PE4 6GD
£675,000+
Investment
Key Features
- Industrial investment property comprising four units totalling 6,551 sq ft
- Total current rents received of £57,985 per annum (ERV £59,685 pax)
- Set within a popular and established industrial estate location
Part of the
14 August 2025
auction
Trent Bridge Cricket Ground
at
2.30PM
An opportunity to acquire an Industrial Estate Investment comprising a block of four units extending to approximately 6,551 sq ft, fully let and producing £57,985 pax (ERV £59,685 pax)
- Industrial Estate Investment comprising four units
- Combined floor area of approx. 6,551 sq ft
- Located in Benedict Square, just off Werrington Parkway
- 2.5 miles North West of Peterborough City Centre
- Nearby: BMW, Royal Mail, Aldi, Screwfix, Audi etc
- Easy access to: A1(M), A15, A47, A16 & A605
- Unit 4 let to Forklift Training Co at £15,000 pa
- Unit 5 let to Secretary of State at £14,900 pa
- Unit 6 let to Target Action Supplies at £15,000 pa
- Unit 7 let to Gas Leakage Solutions let at £8,500 pa
- FIT income from solar panels, £4,858.58 pa (2024)
- Total Current Rents Received of £57,485.58 pa
- Fixed rent increases to £54,400 + FIT Monies
- Units are steel frame construction with three-phase power
- Each unit benefits from W/C & small kitchenette
- 21 parking spaces
- Service Charge recovery (details in the legal pack)
- Sale to be by way of a Transfer of a Going Concern (TOGC)
Contact Auction Estates on 0115 7844 600
Fees
A buyer's premium of £1,800 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.
Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Offered For Sale on a long leasehold basis, each unit is held on a 999 year lease from 02.01.2014 with a ground rent of £100 pa and are subject to the existing leases producing a combined income of £57,985Leasehold Leasehold pa
Refer to Legal Pack
Email: colleen.gostick@buckles-law.co.uk
Telephone: 01733 888806