Commercial
ADDRESS
Cheddar Business Park, 2 Wedmore Road, Cheddar, Somerset, BS27 3EB
DESCRIPTION
An established business park to include an open plan office with partial air conditioning, Cat II Lighting & phase 3 power supply. There is mezzanine storage space and surface level loading. The warehouse also has 24 parking spaces.
- Established Business Park
- Open Plan Office Space
- Partial Air Conditioning
- Cat 2 Lighting
- Minimum Eaves 5.6M
- Surface Level Loading
- Mezzanine Storage
- 24 Parking Spaces
LOCATION
The property is located within Cheddar Business Park, a small modern industrial estate, situated on the edge of the town, within an established industrial area. The business park is located approximately 12 miles from Bristol International Airport, 9 miles from junction 22 of the M5 motorway and 3 miles west of the A38.
DESCRIPTION
The property comprises of a detached warehouse unit with two storey ancillary office accommodation. The property is of steel portal frame construction set beneath a pitched metal clad roof incorporating translucent roof lights. The external elevations of the building are clad in a mixture of brick and profiled steel cladding.
The warehouse and production space can be split into two separate units; unit 2a provides production space with a minimum eaves height of 5.6m along with two storey office and ancillary accommodation. Unit 2b incorporates single storey office and ancillary accommodation with mezzanine storage above.
Internally the office accommodation benefits from suspended ceilings with recessed fluorescent lighting, plastered and painted walls, carpeted floors, double glazed windows, electric heating and recessed and wall mounted air conditioning cassettes.
Externally the property benefits from a tar macadam yard providing parking for up to 24 cars and access for heavy goods vehicles.
ACCOMODATION
The accommodation has been measured on a gross internal basis and could be sub-divided to provide two separate units as detailed below.
Unit 2a
Area Sq m Sq Ft
Production & Ancillary 137.31 1,478
Ground Floor Offices 72.22 777
First Floor Offices 210.23 2,263
TOTAL 419.76 4,518
Unit 2b
Area Sq m Sq Ft
Warehouse & Ancillary 593.66 6,390
Mezzanine 138.47 1,491
Office 29.55 318
TOTAL 761.68 8,199
TOTAL 1,181.44 12,717
TERMS
The property is available, subject to contract, on a freehold basis, on the following terms
Demise Size Quoting Price
The Whole 12,717 £799,950
Unit 2a 4,518 £299,50
Unit 2b 8,199 £499,950
The vendors may consider renting whole or part of the premises on a long or short term basis, please call for more information on 01934 410510
BUSINESS RATES
The demise currently has a split rateable value of £16,500 for unit 2a and £24,250 for unit 2b; we recommend interested parties make their own enquiries at the Valuation Office Agency in respect of business rates payable.
LEGAL COSTS
Each party shall be responsible for their own legal costs incurred in any transaction.
FURTHER INFORMATION
All Viewings and additional enquiries to be directed to GJ Associates on 01934 410510.
ADDRESS
Suite 4—The Ship, Banwell, Somerset, BS29 6DA
- Self Contained Character Office Suite In Village Setting
- Conversion in Grade II Listed 16th Century Coaching Inn
- High Quality Finishes
- Self Contained WC & Communal Facilities inc. Kitchen
- Excellent Car Parking Available
- Secure Building
- Immediate Possession
LOCATION
Banwell is situated approximately 5 miles to the south east of Weston super Mare and some 2.5 miles from junction 21 of the M5 Motorway. There is easy access to Bristol International Airport via the A38 (10 miles) and the main line rail network at Weston super Mare.
The Ship is situated at the heart of the village which also has the benefit of several shops (including Post Office) and a number of pubs.
Description
Self contained office suite in attractive courtyard setting in keeping with the historic nature of the
building. The suite provides well-fitted space with the benefit of carpets, lighting and heating.
Access to the Suite is provided through its own front door and has the benefit of a zoned security system allowing access at all times.
There is a self-contained WC within the Suite as well as larger communal facilities including kitchen within the building.
Car Parking
The Suite has an allocation of 3 spaces with additional visitor parking available.
Tenure
The accommodation will be available on the basis of a 2 year licence agreement to allow flexibility for growing companies.
Terms
The accommodation will be available at a rent of £6,300 pa excluding VAT, rates, service charge, electricity and gas.
Service Charge
A service charge based on 11% of the total costs for cleaning maintenance and security will be payable quarterly on account. (Current charge equates to less than £2.00 per square foot per annum plus VAT)
Rates
The building is still awaiting final assessment. Details available on application.
Security Bond
A security bond of £1000 is required from the ingoing tenant in respect of fittings and fixtures. The deposit will be returned at the end or sooner determination of the licence less any amounts for damage and
decoration required.
Viewing & Further Information
Please contact GJ Associates on 01934 410510.
ADDRESS
Luton, 370 Hitchin Road, Bedfordshire
Investment Considerations
· New 15 year lease to Vets 4 Pets
· Fully refurbished & extended building
· Prominently Located on Primary Distribution Route
· Comprising Total 1850 Sq.Ft (172 m²)
· Car Parking for 10 vehicles
Location
Luton lies approximately 57km (35.5 miles) north of London, 36km (22.3 miles) south east of Milton Keynes and 24km (15.1 miles) west of Stevenage.
The town provides a good range of local amenities including a wide range of shopping, and major
employers.
The property is situated fronting Hitchin road close to its junction with Stockingstone Road (A5228) which forms the northern primary distributer around the town. A range of local retailing is situated adjacent to the site which is approximately 1.25 miles north east of the town centre.
Description
The site comprises an existing public house where planning has been obtained for conversion and
extension to provide a unit for Vets 4 Pets (D1 use) and two 2 bedroom apartments together with 10 car parking spaces with direct access from Hitchin Road.
Our clients are currently on site carrying out construction works with the development schedule for
completion 29th January 2010.
Accommodation
The property has been designed to meet the specification of the ingoing tenant and will be finished to an enhanced developers shell ready to take the tenants fixtures and fittings. The unit will have the following approximate gross internal area.
Ground Floor 1,850 Sq.Ft (172m²)
On the first floor and to the rear will be two 2 bedroom apartments and it is proposed that sales of these will be arranged on 999 year leases at a premium and peppercorn with the occupiers being responsible for contributions to external repair and decoration to cover all costs.
Plans and specification on application.
Tenure
The property is to be sold freehold subject to the created investment to Vets 4 Pets (Luton) Ltd for a term of 15 years at a rental of £28,000 pax (£15.14 psf overall) with a rent free period of 6 months from the date of practical completion or occupation whichever is the sooner, together with the two 999 year
residential disposals.
Vets 4 Pets (Luton) Ltd will take the occupational lease subject to a guarantee from Vets 4 Pets (UK) Ltd please see attachment for the full details and explanation of the company's structure. The company have an active expansion programme and will be trading from circa. 60 units in the UK by the end of their
current financial year in March 2010.
More information can be viewed at: http://www.vets4pets.com/index.asp
Price
Offers are sort in excess of £460,000. (Net initial yield 5.8%). Subject to contract.
VAT
Vat will be charged on the sale.
Additional Information
Details available from GJ Associates Tel: 01934 410510 Ref: Graham Slade. |
