Spring Lane South, Malvern - 0 bed - £135,000 - John Goodwin - Ledbury

Property details

Bedrooms: 0

New high specification industrial unit of approx 1,356sqft
Situated on an established business centre
Secure and gated trading environment
For sale or to rent
Freehold sale - £135,000 + Vat
Rent - £8,750 + Vat per annum exclusive available on a new lease

Location & Description:
Situated in the well established Spring Lane South Industrial/Commercial area of Malvern, the unit comprises red brick and dark grey composite insulated panel clad walls under a dark grey powder coated clad roof with 10% polycarbonate glazing panels and is sited on a large secure and privately gated estate.
The unit offers a main warehouse/workshop area with insulated sectional overhead and pedestrian access doors, three quarter glazed aluminium framed entrance screens, and WC facilities internally together with space for a mezzanine floor, providing approx 1,356 sq ft of space.
The Malvern urban area has a population of approximately 40,000 people with a thriving business community and a mainline station on the Hereford/Paddington and Hereford/Birmingham railway lines, as well as convenient access to Worcester and the M5 motorway.
The unit offers space of a variety of uses, and include the following specifications (off plan measurements);
Fully insulation composite insulated cladding panels
Minimum clear eaves height of 5.4 metres
Insulated sectional overhead doors measuring approximately 4.5 metres high x 3.2 metres wide
Mezzanine space available
WC facilities
Dedicated loading area and additional allocated parking for 4 vehicles
SERVICES
Three phase mains electrics, water and BT are all connected. Drainage is to public sewer.
This information has not been checked with the respective service providers and all interested parties may wish to make their own enquiries with the relevant authorities. No statement relating to services or appliances should be taken to infer that such items are in satisfactory working order and intending purchasers are advised to satisfy themselves where necessary.
PLANNING
We understand that the premises will be classed as industrial B1 and warehouse B8. Occupiers should consult Malvern Hills District Council Planning Department to confirm the acceptability of their proposed use.
TENURE
For sale on a freehold basis, offers on £135,000.
The premises is also available to let on a new lease on a full repairing and insuring basis for a term to be agreed.
RENT
£8,750 per annum exclusive.
VAT
VAT will be levied on the rent or sale price and therefore we recommend that the prospective tenant/purchaser establishes the VAT implications before entering into any agreement.
SERVICE CHARGE
The estate service charge is 1/10th of the cost of maintaining the common parts, further details are available on request.
OUTGOINGS
The new unit will be the subject of a new business rates assessment, details of which will be made available once the figures have been released by the valuation office agency. The provisional estimate is a Rateable Value of £7,300, making Rates Payable £3,285 (2012/2013).
VIEWING
By appointment to be made through the Agent's Ledbury Office (Tel. 01531 634648).
DIRECTIONS
Driving into Spring Lane South from Malvern Link, the premises will be located on the right hand side with the sign for Clifton Centre being located on the gymnastic club building approximately half way down Spring Lane. Take the road down the side of the gymnastic club and the new unit is directly ahead.
GENERAL
Without prejudice to the generality of the foregoing, John Goodwin FRICS has made every effort to ensure that measurements, details and particulars are accurate. However, they are only an approximate general guide and the property particulars are produced in accordance with the Property Misdescriptions Act (1991) and should not be construed as a contract or offer. Any financial charge, regulatory/statutory information, lease, ground rent, photographs, service charge and distance details cannot be guaranteed for accuracy and therefore we recommend interested parties take legal advice prior to execution of any contract