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Commercial Property for sale

Clearwater Business Park, Welsh Road East, Napton Holt, Warwickshire, CV47

Sold by Us 6.7 ac. | £2,500,000

Property Description

Commercial information

  • 6.7 acres (2.7 hectares)

Key features

  • 6.7 acre site [approx]
  • Existing built accommodation of 20,000 sq ft (1,858 sq m) in 3 modern detached buildings [providing 4 units]
  • Consent for 15,000 sq ft (1,394 sq m) of new build
  • Income of 35,985 pa excl from Building 2 & 3 which is let on a 10 year FR & I lease to RMI Academy with effect from 21/12/2015. There is a Tenant break option at expiry of the 5th year and an op
  • ERV of existing buildings 122,965pa excl
  • Further potential beyond existing / consented development

Full description

Tenure: Freehold

The availability of Clearwater Business Park represents a rare opportunity for owner occupiers, investors and developers to secure a 6.7 acre site with investment income, vacant industrial and office accommodation, for own occupation or investment with consent to develop a further 15,000 sq ft of accommodation. There is the potential through asset management and planning to increase value further.

Location
Clearwater Business Park was carefully considered for its location prior to being developed to a high standard over
recent years. The site provides an excellent environment in which to work and is almost equidistant between the
M40, M1 and M6. During peak times of the day, most driving is against local traffic flow, which significantly improves the journey to and from work. Situated at Napton Holt on Welsh Road East, two miles south east of the market town of Southam and a similar distance from the village of Priors Marston with good access to Banbury,
Daventry, Rugby and Leamington Spa.

Accommodation
Building 1 Total 7,673 sqft 713 sqm
Building 2 Total 2,662 sqft 247 sqm
Building 3 Total 3,465 sqft 322 sqm
Building 4 Total 6,200 sqft 576 sqm
Proposed Development
Building 5 Total 7,500 sqft 697 sqm
Building 6 Total 7,500 sqft 697 sqm

Planning consent
In November 2014 Stratford-On-Avon District
Council granted consent [Ref 14/01923] for the
development of a further 15,000 sq ft of new
build B1 Business Units. Full details are
available at www.stratford.gov.uk by following
the links to planning.


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