Tenants include Handmade Shaker Kitchens Limited (t/a Olive and Barr) and Two Individuals (t/a J Motors Limited)
Includes 3 x Light Industrial Units
Two Units Let Until 2027 and One Until 2029 (subject to options)
Busy and Established Central Park Trading Estate
Neighbouring Occupiers Include Numerous Local Trade Counter and Industrial Businesses
Lot 27
Auction 27th March 2024
Rent £41,500 per Annum Exclusive
Status Sold
Price £350,000
Sector Industrial, Warehouse
Auction Venue Live Streamed Auction
Property Information
Location
Miles
2.5 Miles South-East of Bristol City Centre, 9 Miles North-West of Bath
Roads
A417, A37, A38, M4
Rail
Bedminster Railway Station, Bristol Railway station
Air
Bristol Airport
Situation
The property is situated on the busy established Central Park Trading Estate, 2.5 miles south east of Bristol City Centre. Neighbouring occupiers include numerous local trade counter and industrial businesses.
Tenure
Freehold.
Location
Miles
2.5 Miles South-East of Bristol City Centre, 9 Miles North-West of Bath
Roads
A417, A37, A38, M4
Rail
Bedminster Railway Station, Bristol Railway station
Air
Bristol Airport
Situation
The property is situated on the busy established Central Park Trading Estate, 2.5 miles south east of Bristol City Centre. Neighbouring occupiers include numerous local trade counter and industrial businesses.
Tenure
Freehold.
Description
The property is three adjoining light industrial workshops with Units 803 and 804 comprising accommodation on the ground and a mezzanine floor. Units 803 and 805 benefit from vehicle access loading doors.and external yards.
In addition, unit 803 has recently been fully refurbished.
VAT
VAT is applicable to this lot.
Completion Period
Six week completion
EPC
Unit 803 - Band D,
Unit 804 - Band E,
Unit 805 - Band E
Description
The property is three adjoining light industrial workshops with Units 803 and 804 comprising accommodation on the ground and a mezzanine floor. Units 803 and 805 benefit from vehicle access loading doors.and external yards.
In addition, unit 803 has recently been fully refurbished.
VAT
VAT is applicable to this lot.
Completion Period
Six week completion
EPC
Unit 803 - Band D,
Unit 804 - Band E,
Unit 805 - Band E
(1) The floor areas for Units 804 and 805 stated above are those published by the Valuation Office Agency (https://www.tax.service.gov.uk/business-rates-find/results) (2) As to Unit 803, Handmake Shaker Kitchens Limited are a bespoke kitchen design company with showrooms in London, Malvern, Elkstone and Bristol (www.oliveandbarr.com). The lease is subject to a tenant option to determine the lease on 28/02/2027. The lease is also subject to a rent free period from the commencement of the term until 31/05/2024. The Seller will pay the Buyer a sum of money equivalent to the rent that would have been paid by the Tenant in the absence of the rent free period. (3) As to Unit 803, a rent deposit of £4,500 is held by the Landlord. (4) As to Unit 804, a rent deposit of £2,250 is held by the Landlord. (5) As to Unit 805, a rent deposit of £2,166 is held by the Landlord.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
