The property comprises a detached production, trade counter and office building on a flat regular shaped site. The building is constructed around a steel frame with brick/ clad elevations beneath a double pitched, corrugated asbestos sheet roof. Loading access is via four roller shutter loading doors, two of which are accessed from a raised loading platform. Internally the factory comprises four bays with an eaves height of approximately 3.8m. The first floor provides a mixture of office and mezzanine storage.
Location
The property is located on Emery Road which forms part of the established Brislington Trading Estate, which adjoins the main Bristol to Bath Road (A4), approximately 3 miles south east of Bristol City Centre. The Avon Ring Road (A4174) provides access to the national motorway network via junction 1 of the M32 and the link to the M4.
Accommodation
31,457 sq ft on 1.15 acres
Terms
Planning We are verbally advised that the accommodation has planning consent for B8 Storage and distribution uses. Occupiers should make their own enquiries to the Planning Department of Bristol City Council. www.Bristol.gov.uk
Business Rates The property is listed on the Valuation Office Agency as ‘builders merchants and premises’ with a rateable value of £108,000 (April 23).
Energy Performance Certificate The EPC Rating is D (97) and the full certificate can be provided on request.
Tenure The property is available to purchase on a freehold basis.
Purchase Price Offers in excess of £1,500,000 exclusive of VAT are sought. Restriction on Title The purchaser will not be allowed to use the site as a Builder’s Merchants or any associated use for a period of 3 years to run from the date of completion.
The sale will be subject to an overage for a period of 20 years from the date of completion. If an alternative planning consent is obtained within the first ten years a 50% uplift in value will be payable to the vendor reducing to 25% from the end of year 10 to the end of year 20.
Legal Costs Each party is to be responsible for their own legal costs.
VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the purchase price. We recommend that the prospective purchasers establish the VAT implications before entering into any agreement.