Unit 8, Ratio Point, Davies Road Four Pools Industrial Estate Evesham Worcestershire WR11 1DP

Unit 8, Ratio Point, Davies Road
Four Pools Industrial Estate
Evesham
Worcestershire
WR11 1DP

Modern Industrial Investment

Entirely let to HSS Hire Service Group Limited on a new 10 year lease until 2025 (subject to option)
Prominent position with established Four Pools Industrial Estate
Situated next to Evesham Trade Centre which houses Screwfix, TileGiant, Buildbase and Topps Tiles
Benefits from 4 car parking spaces
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot
43
Auction
9th July 2015
Rent
£18,408 per Annum Exclusive
Status
Sold Prior
Price
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Modern Industrial Investment

Entirely let to HSS Hire Service Group Limited on a new 10 year lease until 2025 (subject to option)
Prominent position with established Four Pools Industrial Estate
Situated next to Evesham Trade Centre which houses Screwfix, TileGiant, Buildbase and Topps Tiles
Benefits from 4 car parking spaces
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot 43
Auction 9th July 2015
Rent £18,408 per Annum Exclusive
Status Sold Prior
Price
Sector
Trade Counter/Builders Merchants
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 16 miles north of Cheltenham, 20 miles south-east of Worcester, 34 miles west of Banbury, 46 north-west of Oxford
Roads: A4184, A46, A44, M5 (Junction 9)
Rail: Evesham Railway Station
Air: Birmingham International Airport

Situation

The property is situated in Ratio Point which forms part of the larger Four Pools Industrial Estate. Four Pools is Evesham’s prime trade/retail area occupied by a wide range of businesses and anchored by Morrisons, Halfords, Currys and B & Q. The property lies adjacent to the Evesham Trade Centre which provides retailers such as Screwfix, Tile Giant, Buildbase, Magnet Express and Topps Tiles.

Tenure

Freehold.

Location

Miles: 16 miles north of Cheltenham, 20 miles south-east of Worcester, 34 miles west of Banbury, 46 north-west of Oxford
Roads: A4184, A46, A44, M5 (Junction 9)
Rail: Evesham Railway Station
Air: Birmingham International Airport

Situation

Tenure

Freehold.

Description

The property comprises a steel portal frame industrial unit with mezzanine level. The property benefits from rights to four demised car parking spaces.

SIX WEEK COMPLETION

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Review
Ground Mezzanine	Industrial Industrial	107.00 sq m 36.00 sq m	(1,150 sq ft) (384 sq ft)	HSS HIRE SERVICE GROUP LIMITED (1)	10 years from 15/05/2015 until 14/05/2025 on a full repairing and insuring lease (2)	£18,408 (3)	15/05/2020
Totals		143.00 sq m	(1,534 sq ft)			£18,408 (3)

(1) For the year ending 31st December 2013, HSS Hire Service Group Limited reported a turnover of £225,813,000, pre-tax profits of £20,415,000 and a total net worth of £51,585,000. (Source: www.riskdisk.com 05/06/2015)
(2)The lease provides an option to determine on the fifth anniversary of the term.
(3)The tenant is currently benefitting from a rent free period due to expire on 14/11/2015. The seller has agreed to adjust the completion monies so that the unit will effectively produce £18,408 p.a.x. from completion of the sale.