The property comprises an end of terrace steel portal frame building that benefits from a self-contained side yard, separate parking area, two surface level loading doors and a two-storey office content. The offices provide a mixture of open plan and individual offices along with a meeting room and kitchen area.
Location
Avonbridge Trading Estate is located adjacent to the M5 J18a which provides direct access to the South West and Midlands. The M4/M5 Interchange is only 6.8 miles to the North. The Industrial Estate is located directly off the Portway roundabout which provides a direct link to the A4 Portway which connects Avonmouth with Bristol City Centre. Other occupiers on the estate include Screwfix, Howdens, Chubb Fire and Security and Gap Plant and Tool Hire.
Accommodation
18,395 sq ft
Terms
Services We are advised that main services are connected to the premises. We confirm that we have not tested any of the service installations and any occupier must satisfy themselves independently as to the state and condition of such items
Planning We are verbally advised that the accommodation has planning consent for storage and distribution use but any occupier should make their own enquiries to the Planning Department of Bristol City Council to satisfy themselves as to the suitability of the premises for their use.
Business Rates The property is listed on the Valuation Office Agency website as Warehouse and premises. With a rateable value of £120,000 (April 2023). Interested parties should make their own enquiries to Bristol City Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment www.voa.gov.uk
Energy Performance Certificate The EPC Rating is B and the full certificate can be provided on request.
Code for Leasing For the latest RICS advice on commercial property leasing, please consult the RICS Real Estate Code for Leasing 2020
Lease/Tenure/Terms The property is available by way of a new Full Repairing & Insuring sub lease for a term to expire in March 2027 to be drafted outside the Security of Tenure Provisions of the 1954 Landlord & Tenant Act.
Rent The current rent passing amounts to £149,000 per annum exclusive of VAT.
Legal Costs Each party is to be responsible for their own legal costs.
References/Rental Deposits (for leasehold only) Financial and accountancy references may be sought from any prospective tenant prior to agreement.
Prospective tenants may be required to provide a rental deposit subject to the landlord’s discretion.
VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the rent/purchase price. We recommend that the prospective tenants/purchasers establish the VAT implications before entering into any agreement.
AML A successful tenant/purchaser will be required to provide relevant information to satisfy the AML requirements when Heads of Terms are agreed
Specification
- Self contained yard
- Eaves height 6.3m
- Office content
- Kitchenette