Industrial development to rent
Property description & features
LOCATION
Situated to the north east of Torr Works Quarry. Situated off the A361 between Shepton Mallet and Frome. Viewers to follow on site instructions.
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DESCRIPTION
Description
An opportunity to lease an extensive area of open yard storage, well suited to aggregates and local quarry based business due to location and convenient road access via the A361.Accessed via a right of way, as indicated blue, leading from the A361 through Torr Works Quarry (Aggregate Industries). The access is approximately 1.5 miles from the A361 to the site through the Quarry roads.
There are a range of specialist former block /brick manufacturing buildings including factory, block curing tunnel and office building. These are excluded from the demise but may be included subject to separate negotiation and the tenant taking them on an improvement lease to undertaken any necessary works required for their continued use.
Agents Note: There is a bat roost within the first floor of the office.
ACCOMMODATION
There is approximately 2 acres (o.8 hectares) of level concrete yard space with an additional ½ an acre of unsurfaced and partly bunded areas.
There are a range of specialist former block /brick manufacturing buildings including factory, block curing tunnel and office building. These are excluded from the demise but may be included subject to separate negotiation and the tenant taking them on an improvement lease to undertaken any necessary works required for their continued use.
SERVICES
We understand that the Property is connected to mains electricity (3phase) and mains water supply. Interested parties must satisfy themselves in this regard.
TERMS
Lease terms to be negotiated assuming the following minimum terms:
• Flexible on lease term duration
• A rent free incentive will be considered at commencement of lease depending upon the proposed Tenant improvement works.
• Tenant breaks and upward-only reviews at sensible intervals (i.e. 3 or 5 yearly patterns)
• Service Charge TBC
• FR&I basis
• Lease to be Contracted Out (i.e. no automatic right to renew at lease expiry)
• Deposit subject to references/credit checks
Prospective tenants should seek professional advice from a qualified property adviser before entering a legally binding contract. Information can be found via:
OUTGOINGS
£74,500 Rateable Value (not rates payable).
Description: Concrete block works and premises
May need updating with VOA for removal of buildings if not taken.
VAT
VAT is not payable on the rent.
LEGAL COSTS
Tenant to contribute towards Landlord’s proper and reasonable legal costs. Minimum contribution of £500 + VAT.
OTHER
An asbestos management survey has been commissioned and will be available on request.
VIEWING
By strict appointment only through the sole agents. Appointments must be made prior via the agent and viewing instructions will be provided prior to arrival.
Cooper and Tanner Commercial Department
Tel.[use Contact Agent Button]
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