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Gloucestershire Business News

Unit G3 Northway Trading Estate, Tewkesbury

The unit comprises an industrial / warehouse unit of steel portal frame construction, with part brickwork part profile clad front and rear elevations underneath a profile clad pitched roof. Translucent roof panels at regular intervals provide natural light to the warehouse area along with suspended strip lighting.

The ground floor comprises an office and trade counter / showroom accommodation adjacent to the warehouse. There is a mezzanine storage area above the offices. The eaves height is approximately 5.5 metres and the unit benefits from a three-phase power supply, gas fired heating to the offices, WC facilities and kitchen.

Loading and personnel doors are provided to the front of the unit with the latter benefiting from an external security shutter. Externally, allocated parking is provided to the front of the unit.

Please note: A selection of images have been included in these details which show the property prior to the current tenant's occupation in 2016.

EPC: The property has an energy rating D (96). A copy of the Energy Performance Certificate can be made available upon request.

Location:

Northway Trading Estate is an established commercial location situated just off the A46 Ashchurch Road less than 1 mile from junction 9 of the M5 motorway, providing good access to the national motorway network.

Ashchurch Parkway railway station is located approximately 0.5 miles from the trading estate.

Other occupiers on Northway Trading Estate include Joedan, Allfast (UK) Ltd, A G Boniface & Sons Ltd, Electrolab, Newold Precision Engineering Ltd and Leisure Pools Ltd.

Accommodation:

The gross internal floor areas are as follows:

Ground floor: 139 sq m (1,496 sq ft)

Mezzanine: 72.96 sq m (785 sq ft)

Total: 211.96 sq m (2,281 sq ft)

Terms:

Available on a new full repairing and insuring lease for a term of years to be agreed incorporating regular upward only rent reviews. The lease to be "contracted out" of the security of tenure provisions of the Landlord and Tenant Act 1954.

Rent:

£15,000 per annum exclusive.

Alternatively, consideration may be given to a sale of the property, subject to vacant possession. Price on application.

Rates:

Rateable Value: £8,800 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.

VAT:

VAT may be payable on the rent / purchase price or any other charges or payments detailed.

All figures quoted are exclusive of VAT and intending lessees / purchasers must satisfy themselves as to the VAT position by taking appropriate professional advice.

Legal costs:

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

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.

Contact:

KBW Property Consultants 

01242 244744

enquiries@kbw.co.uk 

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