Residential Redevelopment Opportunity FOR SALE - Amazon Web ...
Residential Redevelopment Opportunity FOR SALE Chataway House Leach Road Chard Somerset TA20 1FR Existing office building for conversion to residential Plus planning consent for 5 new dwellings Existing Building of 15,650 sq ft (1,454 sq m) On 1.4 acres (0.57 ha) Interim rental income of £61,800 per annum from offices (pending redevelopment).
Chataway House, Leach Road, Chard, TA20 1FR Location
Accommodation
Lease
Chataway House is situated the northern outskirts of Chard, close to the A358, and at junction of Leach Road and Thorndurn Park Drive.
All measurements are approximate gross internal area (in accordance with IPMS2).
The first floor accommodation is currently let to ActionAid at a rent of £61,800 per annum, expiring on 30 September 2018. The ground floor is vacant.
Chard’s economy is diverse with a strong manufacturing base including Numatic International (makers of Henry vacuum cleaners), Oscar Mayer and Swissnet UK plc. The town is well connected, being located at the intersection of the A30 and A358, providing access to the A303 and M5 motorway at junction 25, Taunton, some 7 miles to the north.
Area
Sq ft
Sq m
Ground floor
7,825
727
First floor
7,825
727
TOTAL
15,650
1,454
Parking The accommodation has 64 parking spaces at present. Services
We are advised that all main services are connected to the premises and confirm that we have not tested any of the service installations and any occupier must satisfy themselves independently as to the state and condition of such items. Planning
Description A headquarters two storey office building completed in 1993 with potential for conversion to 16 dwellings (permitted development) with planning consent for 5 new build 2 storey dwellings with the car park/ landscaping. The building has brickwork elevations under a concrete tiled roof and double glazed aluminium windows. Internally the building includes a communal core area with WC facilities, central stairwell and 8 person passenger lift. The offices have a communal gas fired boiler with radiators throughout.
We understand that the existing building had permitted development rights for the conversion into 16 No, dwellings (Planning Ref. 16/04088/P3JPA). In addition, the property was granted planning consent for 5 new dwellings (ref. 16/02490/FUL) on 27 July 2016. Copies of the planning documents are available upon request. Alternatively, Interested parties can make their own enquiries to the Planning Department of South Somerset . www.southsomerset.gov.uk.
Tenure The property is available on a freehold basis, subject to the lease to Actionaid, as above. We have not investigated the title and interested parties should make their own investigations. Legal Costs Each party is to be responsible for their own legal costs incurred in the transaction. Price Offers are invited in excess of £1million. Business Rates Interested parties should make their own enquiries to South Somerset District Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment. www.voa.gov.uk. The property has a rateable value on each floor of £77,500. Energy Performance Certificate The energy performance certificate rating is C . The full certificate and recommendations can be provided on request.
Chataway House, Leach Road, Chard, TA20 1FR Asbestos Regulations
Viewing Arrangements
It is the responsibility of the owner or tenant of the property, and anyone else who has control over it and/or responsibility for maintaining it to comply with the Control of Asbestos Regulations 2012 (CAR 2012). The detection of asbestos and asbestos-related compounds is beyond the scope of Alder King and accordingly we recommend you obtain advice from a specialist source.
For further information or to arrange an inspection, please contact the agents.
VAT
7 Bridge Street
Under the Finance Acts 1989 and 1997, VAT is not levied on the Sale price. We recommend that the prospective tenants/purchasers establish the implications before entering into any agreement.
Taunton
Subject to Contract
Andrew Maynard
Alder King LLP is a Limited Liability Partnership registered in England and Wales. No OC306796. Registered Office: Pembroke House, 15 Pembroke Road, Clifton, Bristol, BS8 3BA. A list of all Members is available at the registered office.
01823 444879
Important Notice These particulars do not constitute any offer of contract and although they are believed to be correct, their accuracy cannot be guaranteed and they are expressly excluded from any contract.
Alder King Property Consultants Suite 327, Bridge House
Somerset TA1 1TG
www.alderking.com
[email protected] Joint Agent RMW Knight 01749 676023
Ref: AM Date: March 2017
Chataway House, Leach Road, Chard, TA20 1FR Location
Accommodation
Lease
Chataway House is situated the northern outskirts of Chard, close to the A358, and at junction of Leach Road and Thorndurn Park Drive.
All measurements are approximate gross internal area (in accordance with IPMS2).
The first floor accommodation is currently let to ActionAid at a rent of £61,800 per annum, expiring on 30 September 2018. The ground floor is vacant.
Chard’s economy is diverse with a strong manufacturing base including Numatic International (makers of Henry vacuum cleaners), Oscar Mayer and Swissnet UK plc. The town is well connected, being located at the intersection of the A30 and A358, providing access to the A303 and M5 motorway at junction 25, Taunton, some 7 miles to the north.
Area
Sq ft
Sq m
Ground floor
7,825
727
First floor
7,825
727
TOTAL
15,650
1,454
Parking The accommodation has 64 parking spaces at present. Services
We are advised that all main services are connected to the premises and confirm that we have not tested any of the service installations and any occupier must satisfy themselves independently as to the state and condition of such items. Planning
Description A headquarters two storey office building completed in 1993 with potential for conversion to 16 dwellings (permitted development) with planning consent for 5 new build 2 storey dwellings with the car park/ landscaping. The building has brickwork elevations under a concrete tiled roof and double glazed aluminium windows. Internally the building includes a communal core area with WC facilities, central stairwell and 8 person passenger lift. The offices have a communal gas fired boiler with radiators throughout.
We understand that the existing building had permitted development rights for the conversion into 16 No, dwellings (Planning Ref. 16/04088/P3JPA). In addition, the property was granted planning consent for 5 new dwellings (ref. 16/02490/FUL) on 27 July 2016. Copies of the planning documents are available upon request. Alternatively, Interested parties can make their own enquiries to the Planning Department of South Somerset . www.southsomerset.gov.uk.
Tenure The property is available on a freehold basis, subject to the lease to Actionaid, as above. We have not investigated the title and interested parties should make their own investigations. Legal Costs Each party is to be responsible for their own legal costs incurred in the transaction. Price Offers are invited in excess of £1million. Business Rates Interested parties should make their own enquiries to South Somerset District Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment. www.voa.gov.uk. The property has a rateable value on each floor of £77,500. Energy Performance Certificate The energy performance certificate rating is C . The full certificate and recommendations can be provided on request.
Chataway House, Leach Road, Chard, TA20 1FR Asbestos Regulations
Viewing Arrangements
It is the responsibility of the owner or tenant of the property, and anyone else who has control over it and/or responsibility for maintaining it to comply with the Control of Asbestos Regulations 2012 (CAR 2012). The detection of asbestos and asbestos-related compounds is beyond the scope of Alder King and accordingly we recommend you obtain advice from a specialist source.
For further information or to arrange an inspection, please contact the agents.
VAT
7 Bridge Street
Under the Finance Acts 1989 and 1997, VAT is not levied on the Sale price. We recommend that the prospective tenants/purchasers establish the implications before entering into any agreement.
Taunton
Subject to Contract
Andrew Maynard
Alder King LLP is a Limited Liability Partnership registered in England and Wales. No OC306796. Registered Office: Pembroke House, 15 Pembroke Road, Clifton, Bristol, BS8 3BA. A list of all Members is available at the registered office.
01823 444879
Important Notice These particulars do not constitute any offer of contract and although they are believed to be correct, their accuracy cannot be guaranteed and they are expressly excluded from any contract.
Alder King Property Consultants Suite 327, Bridge House
Somerset TA1 1TG
www.alderking.com
[email protected] Joint Agent RMW Knight 01749 676023
Ref: AM Date: March 2017
