Walk Mill Lane, Kingswood

Annual Rental Of £100,000

GL12 8JT, Gloucestershire

Walk Mill Lane, Kingswood

Annual Rental Of £100,000

Industrial site for subdivision for B1, B2 or B8 uses with associated yard.

Walk Mill Lane, Kingswood

Annual Rental Of £100,000

Industrial site for subdivision for B1, B2 or B8 uses with associated yard.

Description

Comprising an extensive commercial site with a number of buildings and yard ideally suited for storage use or light industrial use with ancillary office space. The site has historically been used as a Printing Works. The buildings may be subdivided. Proposals for alternative commercial use will be considered.

Situation

The property is situated off Walk Mill Lane at the centre of the village of Kingswood, being approximately 5 miles from junction 14 of the M5.

Outside

There is an extensive external yard area.

Accommodation

The ground floor provides in excess of 3500m2 / 37,500ft2 of commerical space.

Term

The tenancy will be written under the statute of the Landlord and Tenant Act 1954 excluding the renewal provisions contained within s24 to s28 of the same. Ideally the Tenancy term will be for at least 5 years with the opportunity of a Break Clause, if desired. The property will be let on Full Repairing and Insuring Terms.

Rent

Rent to be determined by use and specification. Starting from £3 per sq ft (storage).

Deposit

A deposit equal to one quarter rent will be requested from the Tenant prior to entry. This will be returned minus any appropriate deductions at the cessation of the Tenancy.

Services

Mains electricity and water connected.

Business Rates

Current rateable value £93,500 as a whole. Individual ratings will be required for smaller units.

Legal Costs

Tenant to contribute £500 plus VAT towards legal costs in creating the lease agreement.

Viewing

Strictly by appointment with the Agents: DJ&P Newland Rennie.

  • Centre of village location
  • Commercial buildings and Yard
  • M5 Junction 14 5 miles
  • Approx. 37,500 sq ft
  • Whole site approx. 0.75ha
  • Available immediately
  • Can subdivide
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