This Unit is on a Long Leasehold where a ground rent is payable annually in advance on the 25th December each year. There are 98 years left on the lease, the current passing ground rent is £XXX per annum and is set to increase to £XXX per annum in 2019, and will double every 15 years thereafter.
Constructed as part of a terrace of 7 Industrial Units, Unit 14 is a modern Portal Steel Frame Industrial Building with a low profile roof incorporating translucent roof light panels. Dating back to the early 1990s, the walls are Brick faced with Concrete Breeze Blocks on the interior. Vehicular access is via a Roller Shutter Door and there is a separate Pedestrian Access door leading into an Office Reception Area. Internally there are 5 Offices. A Reception Office and a separate Kitchenette linked to an interconnecting Corridor.
To the east of the Unit is a Block Paved area with a loading space in front of the Roller Sutter Door.
Location
The Unit is located on Waterloo Industrial Estate just to the north of Bidford-on-Avon. The Estate is well positioned being roughly equidistant between Alcester, Evesham and Studley with good access to both the M50 and M40 Motorways. Warwick is 20 miles and Birmingham is 25 miles away. There is a main line Railway Station in Evesham with lines to both Oxford and London. The nearby village of Bidford-on-Avon has many amenities including a School, Church, Library, Post Offices, Health Centres, Banks, Solicitors and Restaurants.
DIRECTIONS
From our Merstow Green Office turn left and go north along the High Street to A46 Evesham Bypass, at the Twyford roundabout take the first left and follow signs to Alcester along the A46, taking the 3rd exit at the first roundabout, signposted Bidford. In Bidford following signage for the Industrial Estate and on entering the Estate continue along Wellington Road, take the first right at the crossroads and the Unit will found be on the right hand side.
Accommodation
Summary of Areas:
Warehouse Area total 134.3m² (1443ft²)
Height to Eaves is 5.22metres (17feet)
Heating for the Warehouse is currently decommissioned but previously the unit has been heated by Oil Fired Heaters The roof is insulated and has 4 Light Panels and there is a concrete floor throughout.
Office Accommodation:
Reception Area - 1.67m x 3.87m giving 6.46m² (68.57ft²)
Administration Office - 4.77m x 3.52m giving 16.91m² (180ft²)
Male & Female Facilities with Low Level WCs and hand Wash basins
Kitchenette - 2.87m x 2.97m giving 8.52m² (89.35ft²) with fitted Stainless Steel Sink and Drainer and 2 Low Level
Cupboards
Office 1 - 3.72m x 2.99m giving 11.05m² (117.53ft²)
Office 2 - 3.4m x 2.97m giving 10.11m² (108.06ft²)
Office 3 - 5.53m x 2.7m giving 16.49m² (176.3`1ft²)
Office 4 - 4.68m x 2.78m giving 13.04m² (140ft²)
Internal Corridor - 4.74m x 1.0m giving 4.75m² (51ft²)
Office 5 - 3.84m x 1.46m giving 5.64m² (60ft²)
The Offices have full Central Heating with brand new low energy Electric Heaters which are regarded a very efficient.
The Offices are carpeted throughout and the Admin Office and Office 2 benefit from Cat II Lighting
Offices 1 and 3 have Fluorescent Lighting
All Windows are single glazed
The Unit is equipped with Burglar and Fire Alarms.
A Steel Pedestrian Staircase leads to a Mezzanine Floor above the Office Area extending to 78.02m² (834.4ft²)
Terms
SERVICES
Mains Water, Three Phase Electricity and Mains Drainage are connected to the Unit.
RATES
The current Rateable Value as per the 2010 Listing is £XXX Draft Rateable Value as of 2017 List is £XXX
LOCAL AUTHORITY
Stratford-upon-Avon District Council
LEGAL COSTS
Each party to meet their own legal costs associated with the sale of the property.
PLANNING
Prospective purchaser should enquire of Stratford on Avon District Council as to whether their specific proposed Use is acceptable. The agents understand that the Unit has General B1, B2 & B8 Permission as defined by the 1987 Use Class Order
Specification
- Terraced Industrial Unit extending to 280.18m² (3016ft²)
- Long Leasehold Interest For Sale