To Let - Complex of two distribution / office buildings, available as a whole

 

Summary

  • Situated on the corner of Third Way and Avonmouth Way, approximately 1 mile from J18 and 18a of the M5
  • Two detached distribution/office buildings available as a whole
  • Self contained secure site
  • 165 parking spaces
  • 2 storey office accommodation
  • 6m eaves height
  • Large external yard
  • 10 ground level doors

Accommodation

The accommodation comprises the following areas:

Namesq ftsq mAvailability
Ground - Warehouse 38,862 3,610.40 Available
Ground - Office 8,223 763.94 Available
1st - Office 8,223 763.94 Available
Mezzanine - Office 2,386 221.67 Available
Ground - Stores (below Mezzanine) 2,386 221.67 Available
Ground - Rear Office 387 35.95 Available
Ground - WC's / Lockers 387 35.95 Available
Ground - East Building - Warehouse 12,351 1,147.45 Available
Ground - East Building - Amenity Block 320 29.73 Available
Mezzanine - East Building - Mezzanine 3,999 371.52 Available
Total77,5247,202.22
Evans House, Third Way - _M0A19772.jpg

Further Information

Rates Payable Upon Enquiry


Description

Evans House - Third Way

Warehouse and office headquarters building on a flat irregular shaped site, extending to approximately 3.57 acres (1.45 hectares).

East Building - Avonmouth Way

Semi-detached warehouse with a yard extending to approximately 0.61 acres (0.25 hectares) in total.

Terms

The properties are available as a whole on the basis of a long leasehold purchase (alternatively a leasehold transaction may be considered for a term in excess of 10 years).

Tenure

Evans House - Long leasehold subject to a 125 year ground lease from 8th July 2008 at a passing rent of £26,100 per annum. The lease has an outstanding review as of 8th July 2023 and 5 yearly thereafter on an upward only basis and to 10% of OMR (42,141 sq ft).

East Building - Long leasehold subject to a 125 year ground lease from 8th July 2008 at a passing rent of £12,268 per annum. The lease has an outstanding review as of 8th July 2023 and 5 yearly thereafter on an upward only basis and to 15% of OMR (12,694 sq ft).

Services

We understand all mains services are available but have not undertaken any tests,

Planning

Prospective buyers are to make their own enquiries.

EPC/Energy Performance Certificate

These have been commissioned and prepared and are available upon request.

AML

A successful bidder will be required to provide relevant information to satisfy the vendors AML requirements.

Price

The property is available to let for a term in excess of 10 years.

Legal Costs

Each party is to be responsible for their own legal and surveyor costs incurred in relation to the proposed transaction.