The first thing I think with "cheap <industrial>" is "superfund". I hope no one ever did any work with electroplating, pharmaceuticals, pesticides, VOCs, asbestos, explosives, PCBs, or any other fun stuff that will come back to haunt the current owner.
Agreed. Hopefully, OP got the inspection and testing done before buying the warehouse. Also the purchase agreement doesn't absolve previous owner of any previous environmental contamination and cleanup costs.
Comments
The first thing I think with "cheap <industrial>" is "superfund". I hope no one ever did any work with electroplating, pharmaceuticals, pesticides, VOCs, asbestos, explosives, PCBs, or any other fun stuff that will come back to haunt the current owner.
Agreed. Hopefully, OP got the inspection and testing done before buying the warehouse. Also the purchase agreement doesn't absolve previous owner of any previous environmental contamination and cleanup costs.