Industrial unit

Rooms

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.