An industrial warehouse unit of steel frame construction with a mixture of facing brickwork and profile clad elevations, beneath a new pitched roof. The accommodation is arranged to provide warehouse and office space. Access to the unit is provided by a roller shutter loading door, as well as a pedestrian door to the entrance / offices. The building has been recently refurbished with the specification including a new roof covering and roller shutter doors.
Location
The property is situated on the Madleaze Road Industrial Estate, a well established commercial estate located approximately 0.5 miles south of the City Centre, and approximately 4.5 miles north from Junction 12 of the M5 Motorway. The Madleaze Road Industrial Estate is accessed directly off Bristol Road, being a main arterial route into Gloucester from the south
Accommodation
21,280 Sq ft (1976.97 Sq m)
Terms
The unit was previously used for general industrial (Class B2). It would also be suitable for light industrial purposes (Class B1) and warehousing/distribution (Class B8) subject to planning consent. Any interested parties should make their own enquiries to the Planning Department of Gloucester City Council.
Business Rates The Valuation Office Agency website shows a rateable value of £73,000. Interested parties are advised to make their own enquiries to Gloucester City Council to establish the actual rates payable. www .voa.gov.uk.
Energy Performance Certificate C - 61
Code for Leasing For the latest RICS advice on commercial property leasing, please consult the RICS Real Estate Code for Leasing 2020 Rent To be based on £7.50 per sq ft per annum exclusive.
Terms Available to let by way of a new lease on full repairing ad insuring terms. The lease will be excluded from the Security of Tenure and compensation provisions of the Landlord & Tenant Act 1954 Part II.
Legal Costs Each party is to be responsible for their own legal costs.
References and Rental Deposits 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 will be levied on the rent. We recommend that the prospective tenants establish the VAT implications before entering into any agreement.
AML A successful tenant will be required to provide relevant information to satisfy the AML requirements when Heads of Terms are agreed.
Specification
• Available on New Lease
• External Areas and Car Parking
• 339 KVA Power Supply