Unit A is an ‘L’ shaped office building and the space currently available is situated on ground and first floor levels. The offices have suspended ceilings with electric strip lighting, solid floors with perimeter trunking together with Category 5 cabling, carpeting, passenger lifts and gas fired central heating.
The property also benefits from reception area with feature glazing, and male and female WC facilities. Suitable alterations could be made to the property in order to achieve an open plan environment if required.
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 of England. The site is managed to provide 24-hour manned security, 24 hour operation is possible and CCTV within a secure perimeter fence.
Accommodation
903 sq ft to 3,234 sq ft (83.89 – 300.42 sq m)
Terms
Planning We are verbally advised that the accommodation has planning consent for office use but any occupier should make their own enquiries to the Planning Department of Stroud District Council. Tel: 01453 766321 or https://www.stroud.gov.uk
Business Rates Interested parties should make their own enquiries to Stroud District 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 E-122 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 Terms . The property is available on a new full repairing lease with terms to be negotiated.
Rent The initial rent to be based upon £9.50 per sq ft exclusive. All rents are per annum exclusive of outgoing and VAT.
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 rental price. We recommend that the prospective tenants establish the VAT implications before entering into any agreement.
AML A successful tenant/purchaser will be required to provide relevant information to satisfy AML requirements when Heads of Terms are agreed
Specification
• Out of town office accommodation
• Generous car parking
• Located within a fully managed estate with onsite security