The current tenant is offering this superb business opportunity at the established and highly regarded Eriswell barns site just outside Lakenheath, in West Suffolk.
We are offering a sale to include the purchase of the controlling limited company, assignment of their existing lease, fixtures and fittings, goodwill and the transfer of the existing sublet tenancies.
The site currently generates a net margin/profit of around £21,500 per year giving a yield of just over 10%. Further lettings within the existing units has the potential to generate up to £34,000 net margin/profit giving a yield of over 17%. With further renovations and investment within the existing buildings there is the potential for a net margin/profit of over £45,000 pa giving a yield of over 20%. (Further details can be supplied on request)
The site consists of the main buildings and further outbuildings and these occupy a rural location all set in 5 acres (not included in the lease), all with a direct frontage to the B1112 road between Eriswell and Lakenheath.
The current tenant has carried out considerable improvements to the site which has resulted in a number of established tenants providing strong rental income. The historic barn (Grade II Listed) extending to around 2700sq ft * substantial outbuildings * Parking for 40-50 vehicles.
Superb rural Industrial Park