Property unavailable
This property advert is no longer active. It is possible that the same property has been re-advertised under a separate listing, click below to view any replacement or similar listings.
Please note we do not have names or contact details of anyone currently occupying this building
we are also unable to provide details of the agents that posted the original advert with us.
If you are the owner of the building and would like to re-post this advert please email renewals@novaloca.com
If you would like to know if this, or any similar property comes back or on to the market
please click here to get updates by email.
Industrial Units With Good Road Links, Units 5B and 5C Southfield Road, Southam, CV47 0FB
2,698 to 5,426 Sq Ft / Industrial / General Industrial
Withdrawn - Last updated: 07 February 2023
Description
Units 5B and 5C form part of a terrace of five industrial buildings which were constructed approximately 27 years ago. The units are of a traditional portal frame design with brick and block walls being surmounted by a plastic-coated profile steel sheet to both the upper section of walls and to the roof, which in turn incorporates translucent roof lights.
The units are available as one or separately.
The units combined produce a gross internal area of 5,426 sq.ft (504.08 sq.m)
Location
The building is situated on the Kineton Road Industrial Estate which is located to the western side of the prosperous market town of Southam, Warwickshire. The unit is situated just 6 miles from junction 12 of the M40 motorway, 8 miles from Leamington Spa, and within easy reach of Birmingham, Coventry, Oxford and London.
Services
Mains electricity, water and drainage are connected to the unit. The central heating is oil powered.
Tenure
For sale freehold or by way of a new lease for a term to be agreed.
Planning
Class E (Business) (formerly B1 and B8)
Rent
Price and Rent
5B and 5C
Freehold: £460,000 (exclusive)
Rent: £32,900 (exclusive) per annum
5B
Freehold: £225,000 (exclusive)
Rent: £15,600 (exclusive) per annum
5C
Freehold: £235,000 (exclusive)
Rent: £17,300 (exclusive) per annum
VAT
TBC
Rates
The rateable value for the whole for the current year is £21,251 per annum. The rateable value will be re-assessed should the property be split. Independently, both buildings should qualify for 100% rates relief (subject to status of the rates payer).
Legal Costs
Each party will be responsible for their own legal costs associated with the transaction.
EPC
Unit 5B - E (124)
Unit 5C - D (78)
Units 5B and 5C - Available Separately or As One
5B: Ground Floor Area 1,446 sq.ft (134.33 sq.m)
5B: First Floor Area 1,282 sq.ft (119.10 sq.m)
5C: Ground Floor Area 1,448 sq.ft (134.52 sq.ft)
5C: First Floor Area 1,250 sq.ft (116.12 sq.ft)
Total Gross Floor Area 5,426 sq.ft (504.08 sq.m)
On-Site Parking Spaces
Available Immediately
( Agency Pilot Software ref: 539 )
Email me updates about similar new properties
Show similar properties