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Light industrial for sale in Abbey Mews, Hillesley Road, Kingswood, Wotton-Under-Edge GL12 - Zoopla

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Light industrial for sale
Abbey Mews, Hillesley Road, Kingswood, Wotton-Under-Edge GL12
Under offer
Guide price £140,000
  • Investment opportunity
  • High quality commercial space
  • Excellent transport links
  • Flexible accommodation
  • Private parking
 

Description

An excellent opportunity to purchase a well maintained commercial unit with existing lease in place and providing workshop, office and storage space in excess of 2300ft2. The unit is set within a popular industrial estate with excellent access to the local motorway network.

Description

A high quality commercial unit set within an established site with excellent transport links. The unit is part of a terrace of commercial units within the site and provides accommodation over two floor with workshop and storage space of approximately 1800ft2 to the ground floor and offices to the first of approximately 525ft2.

The unit is currently under a lease to a food manufacturing company with the ground floor space utilised for production and storage while the first floor provides office and meeting room.

Situation

The unit is situated on the popular Abbey Mills site within the village of Kingswood on the edge of the historic market town of Wotton-under-Edge. The unit has access onto Wotton Road and enjoys excellent links to the motorway network with the M5 Junction 14 approximately 6 miles away and the M4 Junction 18 approximately 8 miles away, allowing for good accessibility to the Midlands, South West and South East Wales

Outside

The unit has parking spaces directly to the front of the building and rights of access to the warehouse door to the side for deliveries.

Tenure

Freehold subject to the existing lease.

Accommodation

The ground floor provides a mixture of workshop and storage space with a large open plan storage area, benefitting from excellent natural light by way of North facing windows, and further workshop space. Toilet facilities and a store room are set to the front of the unit.

The second floor provides two individual offices both benefitting from large windows providing an abundance of natural light along with additional eaves storage.

Lease

An existing internal repairing and insuring lease is in place with the brief details as follows:
Rent - £9,900 per annum
Term – 5 year term expiring July 2023

Business Rates

Rateable Value - £5,200

Services

The unit benefits from mains electricity, water, gas and drainage connections. We are also advised a 3 phase electric supply is connected to the unit.

Rights Of Way & Easements

The property is sold with any rights, easements or incidents of tenure which affect it. There is access to the transition station to the rear. The vendor will retain full, unrestricted rights of access to connect services for the benefit of retained land to the South West.

Planning

The unit is understood to have B1 Use approved while the Abbey Mills site is designated as a Key Employment Site by Stroud District Council. View more View less
DJP Newland Rennie
01453 571792
PROPERTY LISTINGS
EPC (pdf)
Property Brochure
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   STUDENT
UKInternational LOCATION:
ALL Detached Attached Bungalows Park Homes Flats Land Newbuild
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