A substantial freehold warehouse in the heart of Newmarket's commercial quarter, offered off-market for four weeks prior to public release.

Producing £150,000 per annum on a new 20-year lease, this is a straightforward, long-income acquisition with open-market rent reviews every five years. The vendor is willing to remain in occupation or provide vacant possession — giving buyers flexibility on day one. At £1,500,000, the property represents a clean entry into a well-let commercial asset with a significant site area and room to grow.

Tenancy

• Tenant: Royce Furniture Ltd

• Lease term: 20 years from 1 April 2023 to 31 March 2043

• Passing rent: £150,000 per annum

• Rent payment: monthly in advance

• Rent reviews: every 5 years, open market basis