Evans House, Third Way, Avonmouth, Bristol, BS11 9YL

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.

Location
The properties are situated on the corner of Third Way and Avonmouth Way, approximately 1 mile from Junction 18 and 18a of the M5 (the link to the M49 and South Wales). The M4/M5 interchange at Almondsbury is approximately 7 miles to the north with Bristol City Centre approximately 7 miles to the south east via the A4 Portway.

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).

Availability_text
The accommodation comprises the following areas:

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 price is available upon application. Alternatively the property may be 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.