The subject property comprises an industrial facility on the fringe of Atherstone town centre, with adjacent three bedroom detached house.
The industrial facility is of cavity brickwork construction surmounted by a mixture of flat roofing systems and an asbestos sheet north light roof. The facility is currently split into 9 units set around a shared yard area with external WC facilities.
The residential dwelling (Ivy House) comprises a three bedroom detached property and briefly comprises the following: Ground Floor: Entrance Hall, Lounge/Diner, Kitchen and Utility Room. First Floor: three Bedrooms and Family Bathroom. Externally, there is a garden area to the front elevation and a driveway to the rear accessed from the shared yard area.
The total site area is in the order of 0.47 acres (0.19 hectares) and the property offers redevelopment potential subject to planning permission and local authority consents.
( Agency Pilot Software ref: 51756 )
Location
Taverners Lane is an unadopted road located between the West Coast mainline and Coventry Canal and accessed from Westwood Road, which in turn leads to Coleshill Road and Atherstone town centre. The surrounding area is a mixture of residential and commercial uses. Atherstone is a small market town in Warwickshire. Atherstone benefits from good road access, being located just off the A5(T) which provides convenient access to the M69 at Hinckley and the M42 at Tamworth. Atherstone railway station provides regular services to London Euston and Crewe.
Accommodation
Site area approx. 0.47 acres (0.19 ha)
GIA - 8,727 sq ft (810.8 sq m)
Terms
SERVICES We understand mains electricity, water and drainage are connected to the subject property. Electricity for the individual units is submetered. Ivy House benefits from gas fired central heating supplied from a Calor gas tank.
BUSINESS RATES As a result of internet enquiry only, we understand that the Rateable Values for the subject property appearing in the Rating List of the North Warwickshire District Council are: Unit 1A - £2,000 Unit 1B - £1,700 Rear of 1A - £0 Unit 2A - £2,075 Unit 2B - £2,075 Unit 3A - £2,075 Unit 3B - £2,950 Unit 4 - £2,950 THIS IS NOT THE AMOUNT PAYABLE
TENURE The Freehold interest in the subject property is available, subject to vacant possession, at an asking price of £525,000.
LEGAL COSTS Each party to bear their own legal costs.
ENERGY PERFORMANCE CERTIFICATE Ivy House - F(36) Industrial Units - E(103)
Specification
- Comprising a three bedroom detached house with adjacent industrial facility
- Industrial facility currently split to provide 9 units
- Potential for redevelopment (subject to planning permission)