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Gloucestershire Business News

Drake House, Pavilion Business Park, Cinderford

£425,000

The property comprises an industrial/warehouse unit of steel frame construction with a front elevation of full brickwork incorporating aluminium double-glazed windows at both levels, enhancing the natural lighting throughout.

The side and rear elevations are part brick, part clad, and the party wall is blockwork. The roof is pitched and covered with lined profile cladding, incorporating translucent skylights. Access is from an up and over vehicular door or pedestrian door.

The accommodation is over 2 floors and includes a showroom and display areas, a workshop, packaging area, storage areas with loading bay, kitchen, and Male and Female WC facilities. There is also a server room. The first floor includes offices, a kitchen/staff area and further preparation and storage areas.

In general, the specification of the ground floor includes a suspended ceiling with inset LED spotlights, a combination of emulsion block and painted plastered walls and carpet flooring, aside from the warehouse which has a concrete floor.

The kitchen has a range of high- and low-level units, a stainless-steel sink unit, part tiled wall, fridge, and worktop area.

The first floor is finished to a more basic specification with a combination of carpet and vinyl floor coverings, suspended ceilings with fluorescent strip and surface mounted lighting.

All mains services are provided including a new Worcester boiler, and the property has an intruder alarm with CCTV, fire alarm and door entry systems.

There is a forecourt to the front of the property providing ample room for parking and loading/unloading. There is an additional area of landscaping opposite the unit which could be upgraded to provide further parking, subject to the necessary consents being obtained.

The property has an EPC Rating of D-79.

Location:

Pavilion Business Park is located on Forest Vale Industrial Estate, Cinderford. Forest Vale is a well-established commercial area and offers a range of accommodation from large purpose-built modern factories, through to smaller industrial estates.

Gloucester is 14 miles, where access is available to the M5 at Junction 11, Ross on Wye is 5 miles to the west.

Accommodation:

Appoximate gross internal areas

Ground Floor: 344.07 sq m (3,704 sq ft)

First Floor: 328.10 sq m (3,532 sq ft)

Total: 672.17 sq ft (7,236 sq ft)

Rent:

£36,000

Rates:

The Rateable Values appearing on the Valuation Office website are as follows:

Ground Floor: £10,750

Suites 1 to 5 GF: £11,750

Suites FF 6 & FF 16-17: £8,000

Rates in the £ 2022/2023: 0.499

Prospective occupiers should check with the Local Authority to establish any transitional relief that may be applicable.

Planning:

The property has been used as a showroom, workshops, offices, and storage which fall within Classes E and B8 of the Use Classes Order 1987.

Terms:

The property is offered freehold with vacant possession or alternatively, consideration will be given to a letting, subject to terms.

Service charges:

A charge is levied by the Estate Landlord to cover the costs associated with the upkeep and maintenance of the communal areas.

VAT:

The property is elected for VAT purposes.

Legal costs:

Each party to bear their own legal costs incurred in the transaction.

Contact:

Ash Chartered Surveyors 

Simon McKeag: 07737 691453

Harry Pontifex: 01242 255242

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