Unit 6 Mendip Trading Estate, Cheddar, BS27 3EL
- Property Type: Industrial & Office
- Size: 363 sq m (3,914 sq ft)
- SELF-CONTAINED INDUSTRIAL PREMISES COMPRISING 363 SQ M (3,914 SQ FT)
- 11 MILES EAST OF J22 OF M5 & 19 MILES SOUTH-WEST OF BRISTOL
- ESTABLISHED BUSINESS PARK/INDUSTRIAL LOCATION
- NEW FRI FIVE-YEAR LEASE TO RESPONSE ENGINEERING SOLUTIONS LIMITED
- RENTAL INCOME £26,500 PAX
- OFFERS IN THE REGION OF £400,000
The property is located in the village of Cheddar, Somerset at the foot of the Mendip Hills. Bristol is located c 19 Miles to the north-east, Weston-Super-Mare c11 miles to the north-west and j22 of the M5 Motorway 11 miles to the south-west
The Property is situated in the heart of Cheddar’s largest industrial estate, Mendip Vale Trading Estate (now known as Cheddar Business Park), situated to the south east of the village centre, between the B3151 and the main retail core.
DESCRIPTION
The Property comprises a detached warehouse (that appears to date from the 1980’s), with two storey offices to the front elevation. There are ‘up and over’ roller shutters in both front and rear elevations (auto operated to the rear and manual to the front) – c. 4.5m wide / 4.74m high. There is a crane (4t) / gantry in the warehouse. The height to the underside of the gantry is 4.69m whilst the minimum eaves height is c.6.0m.
The warehouse element of the property is of steel portal frame construction, whilst the office to the front is of brick / blockwork with red facing brick elevations.
There is car parking to front of the building (for circa four vehicles) with a good-sized yard to rear. There are Portacabins in the yard together with shipping containers used for meeting/office/ancillary accommodation.
We calculate the site area to be approximately 0.332 acres (0.134 hectares).
ACCOMMODATION
| GF & FF OFFICES: | 75.59 SQ M | 814 SQ FT |
| WAREHOUSE: | 287.99 SQ M | 3,099 SQ FT |
| TOTAL: | 363.58 SQ M | 3,914 SQ FT |
TENURE
We have been informed that the property is held Freehold, Title number ST325135.
TENANCY
There will be a new full repairing and insuring lease to Response Engineering Solutions Limited, company number 06452013. New term of five years from completion, subject to a tenant break option on the 3rdanniversary.
SALE
Offers in the region of £400,000
EPC
Rating – D
9108-4047-0982-0300-8801
RATEABLE VALUE
We have been informed via an online enquiry with the Valuation Office, that the property has a rateable value of £22,750
VAT
All prices are quoted exclusive of VAT. Our client reserves the right to charge VAT on all payments.
LEGAL COSTS
Each party to pay their own legal costs on this transaction.