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Gloucestershire Business News

Units at Delta Drive, Tewkesbury Business Park

The estate comprises steel framed industrial / warehouse units with part brick part clad elevations under profile steel clad roofs. 

Many of the units have electric roller shutter loading doors (or concertina doors) along with separate pedestrian doors, office & WC facilities. 

There is parking and loading in front of each unit.

Location:

Delta Drive is located within 0.5 miles of junction 9 of the M5 motorway and 2 miles east of Tewkesbury town centre within a major industrial area. 

The location provides good 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 0.5 miles east of Junction 9 of the M5.

Nearby occupiers to the industrial estate include Warners Citroën, Screwfix, Porsche, Premier Inn, Howdens along with many local and national companies.

Accommodation:

Unit 4A:

231.3 sq m (2,490 sq ft)

Quoting rent: £24,500 pax

EPC: B (50)

Unit 4F:

230.3 sq m (2,479 sq ft)

Quoting rent: £24,500 pax

EPC: TBC

Unit 4H:

190.6 sq m (2,052 sq ft) plus side compound of approx. 1,000 sq ft.

Quoting rent: £22,000 pax

EPC: TBC

Terms:

Available by way of a new full repairing and insuring lease for a term of years to be agreed, incorporating regular upward only rent reviews.

Units 4f and 4h subject to vacant possession, anticipated to be available from Q4 2025.

Estate service charge:

A service charge will be levied by the Landlord and recoverable from the Tenant as a contribution towards the upkeep, maintenance and management of the estate and common areas.

Rates:

Rateable Values:

Unit 4A - £18,250

Unit 4F - £17,000

Unit 4H - £14,250

Please note that this is not the amount payable, a proportion of this amount is liable to be paid.

The above information was obtained from the Valuation Office website. Interested parties should make their own enquiries of the billing authority (Tewkesbury Borough Council) to verify the current rates payable & any relief available.

Code for Leasing Business Premises (2020):

All tenants should be aware of the Code for Leasing Business Premises and are recommended to seek professional advice relating to this, or any, commercial property letting transaction.

VAT:

VAT is payable on the rent and/or any other charges or payments detailed. All figures quoted are exclusive of VAT and intending lessees must satisfy themselves as to the VAT position by taking appropriate professional advice.

Legal costs:

Each party to be responsible for its own legal costs in connection with the transaction.

Contact:

KBW Property Consultants 

01242 244744

enquiries@kbw.co.uk 

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