Unit E comprises a self-contained warehouse building.
The building is of a steel framed construction with clad elevations and roof with internal haunch of approximately 9.6 metres rising to approximately 28.5 metres at the ridge. Access is provided by three level access loading doors and four dock level loading doors, all from a yard located to the front of the building. A separate office and wc block are located within the yard area. The building is currently fully racked and this provides approximately 7,000 pallet places.
Location
Severn Distribution Centre is located approximately 7 miles from Junction 14 of the M5 motorway and approximately 10 miles from Junction 13 of the M5 motorway. Stroud is approximately 15 miles, Gloucester approximately 18 miles and Bristol City centre approximately 24 miles. The M5/M4 Almondsbury interchange is approximately 15 miles south. Severn Distribution Centre is one of the largest estates in single ownership in the South West. The site is managed to provide 24 hour manned security, 24 hour operation is possible and CCTV within a secure perimeter fence.
Accommodation
55,183 sq ft (5,127 sq m)
Terms
Services We are advised that all 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.
Business Rates Occupiers benefit from a competitive business rates situation.
Energy Performance Certificate The EPC Rating is A+ - 6 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 LeaseTerms The property is available on a new lease on terms to be agreed outside the security of tenure and compensation provisions of the Landlord & Tenant Act 1954.
Rent To be based on £6.25 per sq ft per annum exclusive.
Legal Costs Each party is to be responsible for their own legal costs.
References/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 may 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 a new lease
• Located within a fully managed estate with on site security
• Fully racked providing approximately 7,000 pallet places.