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Gloucestershire Business News

Cirencester - Brand New Warehouse, Kemble Enterprise Park

Proposal:

The brand new building will be constructed of a steel portal frame with covered rafters and a composite wall cladding system.

The minimum eaves height will be 10m (32 ft) rising to 14.5m (46 ft) and the warehouse will be accessed by 12 loading doors, of which six will be level access and six will be dock level.

There will be a two storey office element to the front of the building and will have raised floors and suspended ceilings incorporating recessed lighting.

Externally 60 car parking spaces are provided in a separate area adjacent to the offices and away from the lorry and loading area.

The proposed areas as noted below are calculated on a Gross Internal basis in accordance with the RICS Code of Measuring Practice Sixth Edition Energy Performance Certificate.

An energy performance certificate and recommendations will be provided upon completion of the property.

Location details:

Formerly the home of the Red Arrows, Kemble Enterprise Park and Kemble Airfield is now a well established mixed use business park and active commercial airfield.

There is excellent direct access to Junction 17 of the M4 via the A429 and Junction 11A of the M5 via the A417/A419. The entrance to the Park is shortly to be improved by the installation of a new roundabout.

The Park extends to some 540 acres and accommodates around 1 million square feet of warehousing, industrial and office occupiers. Currently there are over 25 companies employing several hundred people based on the Park including Rapid Racking, Iron Mountain, Hardware.com, Lux and Ecovision.

Kemble Railway Station which provides direct access to London Paddington, Bristol and The North is less than two miles distant.

Accommodation:

Total: 20,208 sq m (217,519 sq ft)

Site Area: 12 acres (4.85 ha.)

Business Rates:

The Valuation Office Agency will assess the building for business rates upon completion.

Interested parties should make their own enquiries to Cotswold District Council.

Planning:

The site has a detailed planning consent for a new warehouse and office building (ref. 16/02715/FUL). All interested parties should make their own enquiries to the Wiltshire Council tel: 0300 456 0100 or www.wiltshire.gov.uk.

Terms:

The vendor will construct the property and sell the completed building incorporating occupier's exact requirements.

Consideration will also be given to leasing the building by way of a new full repairing and insuring lease for a term of years to be agreed.

VAT:

Under the Finance Acts 1989 and 1997, VAT may be levied on the Rent/Sale price. We recommend that the prospective tenants/purchasers establish the implications before entering into any agreement

Legal Costs:

Each party is to be responsible for paying their own legal costs incurred in any transaction.

Contact:

Alder King Property Consultants 

15 Cherry Orchard West

Kembrey Park

Swindon SN2 8UP

James Gregory

01793 428106

jgregory@alderking.com 

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