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Development Land To Let, Plot S1 Severnbanks, Central Avenue, Bristol, BS10 7SD

1.58 Hectare / Land

To Let - £292,500.00 per annum

Available - Last updated: 26 April 2023

Open storage plot available to let.

Location

The site occupies a prominent position to the rear of the Severnview Industrial Park with visibility to Severn Road (the A403) and Central Avenue from which access to the property is obtained.

Accommodation

33.4 ACRES on Central Park

Terms

LEASE The plots are available by way of new Full Repairing and Insuring leases for terms of years to be agreed, to incorporate regular upward only rent reviews to be drafted outside the Security of Tenure Provisions of the 1954 Landlord and Tenant Act. Rent reviews will be to the greater of the passing, Open Market rental or annual RPI subject to a minimum of 2% and maximum of 5% per annum.

OPEN STORAGE LEASE TERM FLEXIBILITY Short Term Leases In addition to conventional lease arrangements short term flexible agreements, allowing for swift occupation will be considered for terms of between 6 months to 3 years subject to landlord only ‘lift and shift’ clauses. Arrangements on this basis will be drafted outside the Security of Tenure provisions of the Landlord & Tenant Act.

PLANNING The site was formerly used for a variety of manufacturing / distribution and open storage uses.

LEGAL COSTS Each party is to be responsible for their own legal costs incurred in the transaction.

RENT Upon application.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
From To Let £292,500.00 per annum

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Contact agents

Andrew Ridler

Alder King

0117 369 0271



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