A mid terrace unit providing warehouse / production space. The building is steel portal frame with brick/blockwork base walls with cladding above and to the roof (with 10% translucent panels).
The unit includes LED lighting, WC, electrically operated loading door, separate personnel door, intruder alarm and some power distribution points.
Externally the unit has access over a shared entrance with 4 parking spaces next to the unit.
New lease at £792 pcm.
Location
The unit is situated on Woodlands Business Park, strategically placed just off J23 of the M5 midway between Bristol and Exeter, with access off the A38. The business park includes the Somerset Energy Innovation Centre, an Ibis Hotel and includes occupiers such as Scania and DPD. The town is the main access point for the Hinkley Point C nuclear power plant development and the planned Agratas Gigafactory, Britain’s biggest electric vehicle battery manufacturing facility, around 3 miles to the northeast of the property, which will create 4,000 new jobs with a £4 billion investment
Accommodation
757 Sq ft ( 70.34 sq m )
Terms
Planning The property has planning permission for industrial use. Any occupier should make their own enquiries to the Planning Department of Somerset Council (www.somerset.gov.uk ).
Business Rates The unit currently has a rateable value of £7,400 Interested parties should make their own enquiries to Somerset Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment.. www.voa.gov.uk
Tenure / Rent The unit is offered by way of a new lease on full repairing and insuring terms. Asking rent of £9,500 per annum
Legal Costs Each party is to be responsible for their own legal costs.
VAT . Under the Finance Acts 1989 and 1997, VAT will be levied on the rent. We recommend that the prospective occupiers establish the VAT implications before entering into any agreement.
AML A successful occupier will be required to provide relevant information to satisfy the AML requirements when Heads of Terms are agreed.
Specification
- Onsite parking
- Industrial & Logistics Area
- Surface level Doors = 1