Let to Athena Worksurface Fabrications Ltd (t/a Athena Surfaces) until 2034 (subject to option)
Tenant is a Supplier to Nationwide House Builders including Persimmon Homes, Taylor Wimpey, Barratt Homes and Berkeley Homes (1)
Approximately 365.60 sq m (3,935 sq ft)
Site Area of 0.18 Hectares (0.45 Acres) with a site coverage of 20.56%
Established Industrial Estate Location
VAT-Free Investment
Lot 36
Auction 9th July 2024
Rent £24,000 per Annum Exclusive
Status Sold
Price £265,000
Sector Industrial, Warehouse
Auction Venue Live Streamed Auction
Property Information
Location
Miles
6 miles east of Tenbury Wells, 7.5 miles south-west of Stourport-on-Severn and 12.5 miles north-west of Worcester
Roads
A443, A456, M5
Rail
Severn Valley Railway Station
Air
Birmingham Airport
Situation
The property is situated on the east of Mill Lane to the south of it's junction with the A443, on the established Mill Lane Industrial Estate. Athena Surfaces also occupy another production facility opposite the property.
Tenure
Freehold.
Location
Miles
6 miles east of Tenbury Wells, 7.5 miles south-west of Stourport-on-Severn and 12.5 miles north-west of Worcester
Roads
A443, A456, M5
Rail
Severn Valley Railway Station
Air
Birmingham Airport
Situation
The property is situated on the east of Mill Lane to the south of it's junction with the A443, on the established Mill Lane Industrial Estate. Athena Surfaces also occupy another production facility opposite the property.
Tenure
Freehold.
Description
The property comprises a ground floor steel portal framed industrial unit. The unit benefits from an eaves height of approximately 4.75m (15.58 ft) and benefits from a roller shutter vehicle access loading door. The property also benefits from approximately 25 car parking spaces and a site area of approximately 0.18 Hectares (0.45 Acres) with a site coverage of 20.56%.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
C
Description
The property comprises a ground floor steel portal framed industrial unit. The unit benefits from an eaves height of approximately 4.75m (15.58 ft) and benefits from a roller shutter vehicle access loading door. The property also benefits from approximately 25 car parking spaces and a site area of approximately 0.18 Hectares (0.45 Acres) with a site coverage of 20.56%.
(1) Athena Surfaces was created in 2014 to provide UK housebuilders with the reliable supply and install of kitchen worksurfaces. They are manufacturers and installers of quartz, natural granite, and sintered stone worksurfaces, supplying the UK’s largest housebuilders including Persimmon Homes, Taylor Wimpey, Barratt Homes and Berkeley Homes. (www.athenaworksurfaces.co.uk.) (2) The lease provides for a tenant option to determine the lease on 01/06/2026
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.
