INVESTMENT/LIGHT INDUSTRIAL UNIT FOR SALE UNIT 7/8, EXPRESS WAY, HAMBRIDGE LANE NEWBURY, BERKSHIRE, RG14 5TU 2,952 SQ FT (274.24 SQ M)
SITUATION The property is situated on Express Way which is accessed from Hambridge Lane. Express Way is a private road. Newbury town centre is within a short walk with access to the A339, A34 and M4 within a few minutes drive. DESCRIPTION The property comprises a brick built office pod to the front with pitched tiled roof adjoining which is a steel framed workshop with pitched profile clad metal roof. The office includes carpet to the floors, Category 2 lighting and good natural light via uPVC windows. The workshop includes concrete floor, eaves height of 3.25m rising clear, strip lights, two WC facilities with mezzanine floor above, roller shutter door, kitchen and small store. Outside there is a secure yard which is surrounded by palisade fencing including gates. ACCOMMODATION
Total
Sq. M. 274.74
Sq. Ft. 2,952
RATING ASSESSMENT
PROPOSAL
Rateable Value £14,500
The property is let to the owners of Hermitage Glass on a 3 year lease from 1st August 2015. (Expires 31/07/2018). The rent payable is £21,500 per annum. The lease allows both landlord and tenant break options at any time subject to 3 months’ notice. A purchaser looking to occupy themselves could do so. Offers are sought in excess of £250,000. VAT is not applicable
Rates Payable £6,757 ENERGY PERFORMANCE CERTIFICATE This property has an EPC rating of E and a score of 113. LEGAL COSTS
VIEWING Each party is to bear their own costs. Contact Mr Shane Prater Phone: 01635 551441 Email:
[email protected] October 2017