Commercial Property for sale

Bromsberrow Heath, Near Ledbury

Guide Price £540,000

Property Description

Key features

  • Commercial Property house

Full description

Tenure: Freehold

A valuable investment opportunity to acquire a small Business Park COMPRISING SIX UNITS PRODUCING AN ATTRACTIVE INCOME
situated approximately 1 mile from Junction 2 of the M50 MOTORWAY

Location & Description:
Bromsberrow Heath Business Park comprises a small range of light industrial buildings carefully developed and managed by the current owner over the last 35 years.
The Business Park is ideally situated in a semi-rural location on the edge of the village of Bromsberrow Heath with the M5/M50 motorway network immediately to hand at Junction 2 of the M50.
The premises offer a variety of different sized tenanted and vacant units including the village shop/post office. Approached through a gated access with a private driveway, the Business Park has the added security of a CCTV system and telephone linked burglar/fire alarm.
Enjoying good access from the Ledbury/Gloucester Road (A417), the Business Park is located close to the Herefordshire, Gloucestershire and Worcestershire borders within easy reach of Gloucester, Tewkesbury, Cheltenham, Hereford, Worcester, Malvern and Ledbury. The motorway brings the Midlands, South West and South Wales into easy commuting distance.
The premises comprise:

Unit 1:
18.29m (60ft 0in) x 9.14m (30ft 0in)
Offering approximately 1,800 sq ft of factory space with double doors. Cloakroom. Kitchenette.

Unit 1A:
9.14m (30ft 0in) x 4.57m (15ft 0in)
Offering approximately 450 sq ft of space adjoining Unit 1 and currently housing the Site Management Office.

Unit 2:
17.91m (58ft 9in) x 10.13m (33ft 3in)
Offering approximately 1,950 sq ft of factory space. Office. Cloakrooms. Preparation Room

Unit 3:
Offering approximately 2,743 sq ft currently housing the Village Shop/Post Office. Office Store and Tearoom.

Unit 4:
22.86m (75ft 0in) x 7.32m (24ft 0in)
Offering approximately 1,800 sq ft of factory space with 16'6 ceiling height and double sliding doors.

Unit 5:
6.91m (22ft 8in) x 4.72m (15ft 6in)
Offering approximately 350 sq ft of storage/office space.

Outside:
The Business Park is approached by a private gated driveway and there is a generous area of parking and turning allowing scope for possible future expansion of the Business Park (subject to planning permission).

The site has a purpose built triple Cloakroom Block.

SERVICES
Mains water and electricity are connected. Three phase electricity is available to the site. There is a shared private drainage system. Certain units are fitted with burglar alarm and smoke alarm. A service/maintenance charge is payable as a contribution towards maintenance of common areas and provision of services. Insurance is charged separately. No statement relating to the services or appliances should be taken to infer that such items are in satisfactory working order and prospective tenants are advised to satisfy themselves where necessary.

PLANNING
Planning consent was granted by Forest of Dean District Council in April 2012 for an extension to Unit 2.

TENURE
The property is freehold and offered for sale subject to the ongoing tenancies.

TENANCY SCHEDULE
Unit 1 - Garage/Workshop Premises - Let until 2021, current rent of £9,000 PAX
Unit 1A - Office - Let until 2027, current rent of £500 PAX
Unit 2 - Bakery - Let until 2022, current rent of £13,000 PAX
Unit 3 - Village Shop/Post Office - Let until 2024, current rent of £8,000 PAX
Unit 4 - Let until 2020, current rent of £9,000 PAX
Unit 5 - Let until 2020, current rent of £3,000 PAX
Current income - £42,500 per annum exclusive

SERVICE CHARGE
A service/maintenance charge is payable as a contribution toward maintenance of common areas and provision of services. Insurance is charged separately.

BUSINESS RATES
Unit 1 Rateable Value: £5,500 (2017)
Unit 2 Rateable Value: £7,800 (2017)
Unit 3 Rateable Value: £5,200 (2017)
Unit 4 Rateable Value: £5,500 (2017)
Unit 5 Rateable Value: £1,150 (2017)

PLEASE NOTE:
An asbestos report in respect of the site is available for inspection from the Agent's Ledbury Office. Full copies of the Energy Performance Certificates are also available, together with copies of the existing leases.

VIEWING
To be made by appointment through the Commercial Department at the Agent's Ledbury Office, Tel 01531 634648 option 3.

Intending purchasers will be required to produce identification documentation and proof of funding in order to comply with The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017. More information can be made available upon request.

DIRECTIONS
From Ledbury take the A417 toward Gloucester. After approximately 4 miles take the first of two turnings to the right sign-posted 'Bromsberrow Heath'. Proceed to the small crossroads and turn right into the village and at the next crossroads turn left and the entrance to the Business Park will be found on the right hand side after approximately 100 yards.

GENERAL
John Goodwin FRICS has made every effort to ensure that measurements, details and particulars are accurate, however prospective purchasers/tenants must satisfy themselves by inspection or otherwise as to the accuracy of the information provided.

No information with regard to planning use, structural integrity, tenure, availability/operation, business rates, services or appliances has been formerly verified therefore prospective purchasers/tenants are requested to seek validation of all such matters prior to submitting a formal or informal intention to purchase/lease the property or entering into any contract.

Unit 1 EPC
Unit 1a EPC
Unit 2 EPC
Unit 3-5 EPC


Nearest station

  • Ledbury (3.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

John Goodwin FRICS, Ledbury

3 - 5, New Street, Ledbury, HR8 2DX

01531 588004 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Ledbury (3.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

John Goodwin FRICS, Ledbury

3 - 5, New Street, Ledbury, HR8 2DX

01531 588004 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 200003221. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by John Goodwin FRICS, Ledbury. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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