The subject property was previously occupied by a steel fabrications business. The site is detached in nature and currently comprises two adjoining warehouse units and ancillary office block all of which are of mixed construction.
There is direct vehicular access off Nelson Lane leading to concrete forecourt and internal yard area.
The land immediately abuts the Grand Union canal to the rear and benefits from off road parking to the front of the unit as well as there being ample on road parking in the immediate vicinity.
Other uses for the site may be viable subject to the usual planning permissions.
Location
The property is situated on the North side of Nelson Lane, next to the Grand Union Canal, which is located approximately a mile North-East of Warwick Town Centre.
Not only is the property situated close to the Town Centre but is also within easy access of The A46 Warwick bypass, Warwick Hospital and Warwick Station.
Within the immediate vicinity, there are a number of commercial occupiers including; Booker Wholesale, Murley Hyundai and Nissan dealerships as well as Murley Agricultural.
Next door to the unit is going to be the proposed development by Orbit Housing comprising 29 new build residential apartments and houses which is set to commence shortly.
Accommodation
The accommodation in greater detail comprises:
Workshop 1 - 2,649 sq ft (246.49 sq m)
Workshop 2 - 4,081 sq ft (379.15 sq m)
Office - 1,232 sq ft (114.46 sq m)
Total - 7,962 sq ft (740.1 sq m)
Terms
Services - We are advised that mains Gas, Electricity, water & Drainage are connected to the site.
Planning - User Class E currently however, it is considered that the site may be suitable for resi-redevelopment subject to planning consent being obtained from Warwick District Council.
EPC - TBC
Rating Assessment:
Rateable Value: £27,750
Rates Payable: £13,847.25
Tenure - The property will be available by way of a freehold sale. It is envisioned that we will go to sealed bids at a date to be confirmed.
Price - Offers are invited in excess of £500,000 excl.
VAT - We are advised VAT is not applicable
Specification
- Available freehold
- Located next to Grand Union Canal and next to Orbits new residential development.
- Situated within close proximity of Warwick Town Centre
- Available immediately
- Offers in excess of £500,000 excl.