The property comprises a detached industrial building of steel frame construction with brick and clad elevations under a sheeting roof. The industrial accommodation is double bay with a working height of approximately 5.6 metres. Loading is provided to the rear from a rear service yard. Two storey offices are located to the front providing a range of office rooms and ancillary amenity accommodation.
Location
The property is located adjacent to Junction 9 of the M5 Motorway and prominent to the A438 Ashchurch Road and with access from Shannon Way. Tewkesbury town centre is approximately 2 miles west. The location provides excellent access to the Midlands and South West via the M5, and London via the A417/9 dual carriageway and the M4 motorway. There is also a mainline rail link from Ashchurch Parkway situated about 1/2 mile east of Junction 9 of the M5. Cheltenham is approximately 10 miles south, Gloucester approximately 12 miles south and Worcester approximately 16 miles north.
Accommodation
58,864 sq ft (5,468.67 sq m)
Terms
Business Rates The property requires a new assessment for Business Rates. Interest parties should contact Tewkesbury Borough 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 Property has an EPC rating of B-42. Code for Leasing For the latest RICS advice on commercial property leasing, please consult the RICS Real Estate Code for Leasing 2020
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.
Lease Terms The property is available on leasehold terms.
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
• Prominent industrial building
• Adjacent to Junction 9 of the M5
• Available on leasehold terms