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Unit 15 King Charles House, Cavalier Court, Bumpers Way, Chippenham, Wiltshire, SN14 6LH

Leasehold
£230,000

£102.68 per sq ft

Business rates & charges may apply

Huw Thomas Commercial, Chippenham
SIZE AVAILABLE

2,240 sq ft

208 sq m

SECTOR

Office for sale

USE CLASSUse class orders: B1 Business

B1

Key features

  • Modern office/business unit
  • Very secure space
  • Air conditioning
  • On site car parking
  • Long leasehold for sale or to let on new lease

Description

LOCATION
Chippenham is a popular and expanding town located approximately 4 miles south of the Junction 17 of the M4 Motorway, approximately 13 miles east of Bristol and 12 miles west of Swindon. Bumpers Farm is the primary industrial estate in the town, situated immediately adjacent to the A350 Chippenham western by-pass.

Cavalier Court is located at the end of Bumpers Way, the main road into the Bumpers Farm Estate.

DESCRIPTION
Cavalier Court is a development of 16 two-storey office/ business units, arranged in 4 blocks and constructed around 1990.
Unit 15 forms part of King Charles House. The main ground floor entrance leads into a ground floor lobby with stairs to the first floor and a doorway into the ground floor space.

The ground floor is currently laid out as open plan office space with one partitioned room. There is a beverage bar area with sink and drainer and separate access to main and female toilets and under stairs storage cupboard.

The office areas are full carpeted with suspended ceiling incorporating integral Cat II lighting and air conditioning/heating units.

The ground floor has excellent security features with grilles fitted inside all ground floor windows and steel shutters inside all doors.

The first floor is mainly open plan with two offices created with glazed partitioning. The floor is fully carpeted; has a suspended ceiling with integral lighting; ceiling mounted heat / cool units and skirting trunking. The windows have internal roll down blinds.

TENURE
The property is held by way of a long lease for a term of 999 years from 25th December 1988.

There is a ground rent payable of £200 per annum, without review.

TERMS
The long leasehold interest is available to purchase at £230,000 subject to contract and exclusive of VAT.

Alternatively, the property is available on a new full repairing and insuring lease for a term of years to be agreed, at a commencing rental of £18,000 per annum, subject to contract and exclusive of VAT.

We are informed that VAT at the standard rate is payable on the purchase price or rent.

ACCOMMODATION
Sq M Sq Ft
Ground floor
Open plan office inc beverage bar 49.76 535
Office 21.45 231
Corridor / toilets
Total ground floor 108.91 1,172

First floor
Open plan space 64.88 698
Office 1 15.18 163
Office 2 21.01 226
Total first floor 101.07 1087

TOTAL SPACE 208.14 2,240

CAR PARKING
There are 8 allocated parking spaces, 4 on each side of the property.

SERVICE CHARGE
A service charge is payable toward the maintenance of the landscaping and common parts of the Cavalier Court development. The current service charge is approximately £3,500 + VAT per annum but paid quarterly.

The property owner is also liable for a contribution to the building insurance for the property. This is currently approximately £700 + VAT, paid annually in March each year.

BUSINESS RATES
The Valuation Office Agency website lists the property as having a Rateable Value effective from 1st April 2023 of £19,750.

ENERGY PERFORMANCE CERTIFICATE
The property has been given an Energy Performance Certificate with a rating of 54 within Band C.

A copy of the EPC and Recommendation Report is available from the agent on request.

LEGAL COSTS
Each party shall be responsible for their own legal costs incurred in any transaction.

Brochures

Unit 15 King Charles House, Cavalier Court, Bumpers Way, Chippenham, Wiltshire, SN14 6LH

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chippenham Station1.3 miles

About Huw Thomas Commercial, Chippenham

Station Hill House, Station Hill, Chippenham, SN15 1EQ

Huw Thomas Commercial is an independent commercial property consultancy based in Chippenham, Wiltshire. The Principal, Huw Thomas, has over 25 years of experience dealing with commercial property in Wiltshire; Bath & North east Somerset; South Gloucestershire and the surrounding areas. He provides advice on sales, lettings, acquisitions, development opportunities, lease renewals, rent reviews and commercial property valuations.

The business deals with the full range of property sectors including offices, industrial and warehouse, retail, motor trade, trade counter and greenfield and brownfield development land and opportunities.

Prior to establishing his own practice in 2013, Huw spent 15 years at King Sturge / JLL, based in their Bath office, during which time he built up an enviable knowledge of the Wiltshire and Somerset commercial property markets and advised many major developers and businesses. Existing national and regional clients include Standard Life Investments; Industrious; Stirling Industrial and HPH Ltd.

Huw has always been active in the wider business community and currently serves on the Executive of Chippenham Chamber of Commerce and is a Trustee of the Chippenham Borough Lands Charity.

Huw is a proud Welshman, though now a season ticket holder at Bath Rugby and is also active golfer and member of the “FORE” Business national networking group, so is always happy to meet new contacts and discuss business over a game of golf!

Notes

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Disclaimer - Property reference Unit15CavalierCourt. 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 Huw Thomas Commercial, Chippenham. 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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