Bourton Industrial Park, Bourton-On-The-Water, Cheltenham
£470,000
£117.06 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
4,015 sq ft
373 sq m
- SECTOR
Light industrial facility for sale
Key features
- 373.05m² (4015ft²) Gross Internal Area
- Fantastic Location & Investment Opportunity
- Passing Rental - £34,000 PA
- Gross Yield: 7.2%
- Energy Performance Certificate: 69 C
Description
**Investment Opportunity** The property comprises a modern two-storey industrial unit of approximately 373.05 m² (4,015 ft²) GIA, with a clear height of 6.2m and eaves height of 5.15m, suitable for B2 and B8 uses. The property is let on a 6-year full repairing and insuring lease to Entwined Productions Ltd from 10th April 2024, with a passing rent of £34,000 per annum.
Location - Bourton-on-the-Water is a picturesque village located in the Cotswolds, a beautiful region in England known for its charming rural landscapes and traditional architecture. Famous for its idyllic setting, with the River Windrush flowing through the center of the village, crossed by several low, arched stone bridges. Bourton-on-the-Water offers a range of attractions and activities for visitors to enjoy. The Cotswold Motoring Museum and Toy Collection is a popular spot, showcasing a collection of vintage cars, motorcycles, and classic toys. The Model Village is another highlight, presenting an intricate miniature replica of the village itself.
Description - The Accommodation comprises:
Warehouse: 321.48 m² (3460 ft²)
First Floor Storage: 28.79 m² (309 ft²)
Office: 18.47m² (198 ft²)
WC: 2.42m² (26 ft²)
Kitchen: 1.89 m² (20 ft²)
The layout of the unit can vary depending on the specific requirements, but it typically includes a production area for manufacturing or processing, storage spaces for raw materials and finished products, an office and restrooms. The property includes parking provisions for 8 vehicles.
Investment - The property is let to Entwined Productions Ltd on a 6-year full repairing and insuring lease commencing 10th April 2024, at a passing rent of £34,000 per annum, payable quarterly in advance. The lease includes a tenant break option at the end of year 4 and is contracted outside the security of tenure provisions of the Landlord and Tenant Act 1954. This arrangement provides a secure and predictable income stream from a well-established tenant under a modern FRI lease structure.
Services - Mains water, drainage, and three-phase electricity are understood to be connected.
Energy Performance Certificate - EPC Rating 69 C. The current EPC expires 20 September 2033.
Business Rates - Current rateable value (1 April 2023 to present): £27,750
Planning - The property benefits from uses falling under Use Class B2 (general industrial) and Use Class B8 (storage and distribution). It is located within the administrative area of Cotswold District Council, and as such prospective occupiers or developers are advised to contact the Council’s planning department to confirm the latest position in respect of permitted uses, scheme specifics and any need for change-of-use consent.
Vat - The property is elected for VAT and therefore VAT will be applicable to the final agreed price.
Legal Costs - Each party will be responsible for their own legal costs associated with the preparation of the lease
Viewing - To arrange a viewing please contact the commercial Team on or
Important Notes - We are required by HMRC to conduct anti-money laundering checks on all parties with an interest in the property and accordingly we will require forms of identification in due course. Particulars: These Particulars do not constitute an offer or contract and should not be relied upon as being factually accurate, the photographs show only part of the property and the areas, measurements and distances given are approximately only. A buyer or a lessee must make their own enquiries or inspections and should not solely rely on these Particulars or other statements by Sheldon Bosley Knight. VAT: The VAT position relating to the property may change without notice
Location - Bourton-on-the-Water is a picturesque village located in the Cotswolds, a beautiful region in England known for its charming rural landscapes and traditional architecture. Famous for its idyllic setting, with the River Windrush flowing through the center of the village, crossed by several low, arched stone bridges. Bourton-on-the-Water offers a range of attractions and activities for visitors to enjoy. The Cotswold Motoring Museum and Toy Collection is a popular spot, showcasing a collection of vintage cars, motorcycles, and classic toys. The Model Village is another highlight, presenting an intricate miniature replica of the village itself.
Description - The Accommodation comprises:
Warehouse: 321.48 m² (3460 ft²)
First Floor Storage: 28.79 m² (309 ft²)
Office: 18.47m² (198 ft²)
WC: 2.42m² (26 ft²)
Kitchen: 1.89 m² (20 ft²)
The layout of the unit can vary depending on the specific requirements, but it typically includes a production area for manufacturing or processing, storage spaces for raw materials and finished products, an office and restrooms. The property includes parking provisions for 8 vehicles.
Investment - The property is let to Entwined Productions Ltd on a 6-year full repairing and insuring lease commencing 10th April 2024, at a passing rent of £34,000 per annum, payable quarterly in advance. The lease includes a tenant break option at the end of year 4 and is contracted outside the security of tenure provisions of the Landlord and Tenant Act 1954. This arrangement provides a secure and predictable income stream from a well-established tenant under a modern FRI lease structure.
Services - Mains water, drainage, and three-phase electricity are understood to be connected.
Energy Performance Certificate - EPC Rating 69 C. The current EPC expires 20 September 2033.
Business Rates - Current rateable value (1 April 2023 to present): £27,750
Planning - The property benefits from uses falling under Use Class B2 (general industrial) and Use Class B8 (storage and distribution). It is located within the administrative area of Cotswold District Council, and as such prospective occupiers or developers are advised to contact the Council’s planning department to confirm the latest position in respect of permitted uses, scheme specifics and any need for change-of-use consent.
Vat - The property is elected for VAT and therefore VAT will be applicable to the final agreed price.
Legal Costs - Each party will be responsible for their own legal costs associated with the preparation of the lease
Viewing - To arrange a viewing please contact the commercial Team on or
Important Notes - We are required by HMRC to conduct anti-money laundering checks on all parties with an interest in the property and accordingly we will require forms of identification in due course. Particulars: These Particulars do not constitute an offer or contract and should not be relied upon as being factually accurate, the photographs show only part of the property and the areas, measurements and distances given are approximately only. A buyer or a lessee must make their own enquiries or inspections and should not solely rely on these Particulars or other statements by Sheldon Bosley Knight. VAT: The VAT position relating to the property may change without notice
Brochures
Bourton Industrial Park, Bourton-On-The-Water, Cheltenham
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Kingham Station5.4 miles
About Sheldon Bosley Knight, Warwickshire
35 -36 Rother Street Stratford Upon Avon Warwickshire CV37 6LPNotes
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Disclaimer - Property reference 34263160. 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 Sheldon Bosley Knight, Warwickshire. 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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