Unit 1 Hither Green Clevedon Bristol Somerset BS21 6XT

Unit 1 Hither Green
Clevedon
Bristol
Somerset
BS21 6XT

Freehold Industrial Investment

Let to JLC Distribution Limited, (In occupation for 10 years).
Licence fee paid a year in advance.
Light Industrial Unit with Vehicle Access Loading Door
New Roof installed recently.
Approximately 563.60 sq m (6,067 (sq ft)
Located on Established Industrial Estate
Immediately adjacent to M5 Motorway, Junction 20

Lot
37
Auction
25th September 2024
Rent
£45,000 per Annum Exclusive
Status
Sold Prior
Price
Auction Venue
Live Streamed Auction

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Freehold Industrial Investment

Let to JLC Distribution Limited, (In occupation for 10 years).
Licence fee paid a year in advance.
Light Industrial Unit with Vehicle Access Loading Door
New Roof installed recently.
Approximately 563.60 sq m (6,067 (sq ft)
Located on Established Industrial Estate
Immediately adjacent to M5 Motorway, Junction 20

Lot 37
Auction 25th September 2024
Rent £45,000 per Annum Exclusive
Status Sold Prior
Price
Sector
Industrial
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 14 miles west of Bristol, 133 miles west of London
Roads: M5 (Junction 20), B3133
Rail: Yatton Rail Station
Air: Bristol International Airport

Situation

The property is located on a well established industrial estate, 600m east of Clevedon Town Centre. The property also benefits from immediate access to Junction 20 of the M5 motorway allowing for excellent transport links.

Tenure

Freehold.

Location

Miles: 14 miles west of Bristol, 133 miles west of London
Roads: M5 (Junction 20), B3133
Rail: Yatton Rail Station
Air: Bristol International Airport

Situation

Tenure

Freehold.

Description

The property comprises a steel portal framed industrial unit on the ground and first floor benefitting from an eaves height of approximately 5m (16 ft) and a vehicle access loading door. The property also benefits from parking at the forefront for approximately 20 cars.

The Seller has recently installed a new roof on the property.

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 sq m (1)	Floor Areas Approx sq ft (1)	Tenant	Term	Licence fee (pax)	Reversion
Ground First	Industrial Office	448.94 114.66	(4,832) (1,234)	JLC DISTRIBUTION LTD (CRN: 07395569) (2)	Let on a licence for a term of 12 months from 31st August 2024	£45,000 (Rent has been paid a year in advance)	30/08/2025
Total Approximate Floor Area		563.60	(6.067)			£45,000

(1) The above floor areas have been taken from the Valuation Office Agency (https://www.tax.service.gov.uk/business-rates-find/valuations/start/9826068000)
(2) JLC Distribution are an IT Peripherals distributor servicing the UK, Europe and North America. The business was established in 2010, initially selling our products into the retail, and now exclusively distributing our products to resellers around the world. More information about the tenant can be found at https://www.jlcdistribution.co.uk/ For the year ending 31st August 2023 JLC Distribution Limited (crn07395569) reported Net Assets of £2,087,826. . (Source: Unaudited Finacial Statement, published at Companies House.)

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.