Unit 7 Gannaway Lane, Tewkesbury
By Matt Hall
The property comprises a detached industrial warehouse building incorporating ground floor office space and mezzanine storage areas.
The property is constructed on a steel frame with profiled clad elevations and roof covering.
Extensive ground floor office space is provided and where the specification includes suspended ceilings with recessed lighting, central heating and laminate flooring.
Two mezzanine storage areas are included one accessed by a 750 kg goods lift.
Externally and to the front of the building there is a car park and yard area with side access to a rear yard laid with a concrete surface.
Energy Performance Certificate: An EPC has been commissioned and will be available for inspection.
The building is located with access from Gannaway Lane off Green Lane being approximately one mile from Junction 9 of the M5 motorway and approximately two miles east of Tewkesbury town centre.
Access to the surrounding locality and the national motorway network is excellent and Ashchurch Parkway railway station is located approximately 1.5 miles east.
All measurements are approximate Gross Internal Areas.
457.45 sq m (4,924 sq ft)
The property is available by way of a new full repairing and insuring lease on terms to be agreed at a rent of £31,500 per annum exclusive.
Alternatively consideration will be given to the sale of the freehold interest.
The property has most recently been used for storage and office purposes. Interested parties are advised to make their own enquiries of the local planning authority, Tewkesbury Borough Council.
The valuation office website indicated that the property has a rateable value of £24,750.
Interested parties should make their own enquiries to the Local Billing Authority to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment.
Under the Finance Acts 1989 and 1997, VAT may be levied on the sale price. We recommend that the prospective purchasers establish the implications before entering into any agreement.
Each party is to be responsible for their own legal costs incurred in the transaction.
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