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).

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 property is 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.