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The Garage Ladbroke, Southam, CV47 2BE

1,072 Sq Ft / Industrial / General Industrial

For Sale - £240,000.00

Under Offer - Last updated: 24 April 2024

Description



Garage premises



Location



The Garage, Banbury Road, Ladbroke is located in the heart of this pretty Warwickshire village. Situated just off the Southam Road (A423), approximately 2 miles south of the market town of Southam and 11 miles due north of Banbury. The location is identified on the attached location map.



Services



All mains services are connected to the site, including a 3-phase electricity supply.



Tenure



The property is to be sold freehold subject to vacant possession.



Planning



The site is deemed to have a B2 (general industrial) consent due to its continued use as a car body repair workshop. Under permitted development rights, the building can be used for Class B8 (storage and distribution). It is considered that the building would be suitable for alternative uses or even redevelopment subject to the necessary planning consents.



Rent



Freehold Price
Offers based on £240,000 for the freehold interest with vacant possession upon completion.

Fixtures and Fittings

Certain trade fixtures and fittings maybe available to purchase, subject to separate negotiation.




Rates



The rateable value for the current year is £4,350, the rates payer being entitled to 100% small business rate relief subject to their status.



Legal Costs



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



EPC



TBA



PRICE £240,000



LONG ESTABLISHED CAR BODY REPAIR WORKSHOP




FORECOURT AND ENCLOSED YARD



GROUND FLOOR AREA 724 SQ.FT




MEZZANINE FLOOR 348 SQ.FT



SITE AREA 4,000 SQ.FT



CAR PART AND TEMPORARY STORAGE STRUCTURE



SUITABLE FOR MANY USES STPP



TIMBER CLAD BLOCK BUILDING
( Agency Pilot Software ref: 647 )

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £240,000.00 NA

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Contact agents

Simon Hain

EHB Reeves

01926 270083



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