Per Annum -Exclusive £44,000 | Shipston-on-stour

LOCATIO N

Shipston-on-Stour is situated in South Warwickshire, midway between Stratford-upon-Avon and Chipping Norton at the junction of the B4035 and the A429. Darlingscote Road lies at the heart of the towns main industrial estate and benefits from excellent access to the Fosse Way (A429).

DESCRIPTION

The property comprises a vehicle and building materials storage depot with a traditional portal frame building constructed in the 1970's with offices at ground and first floor level together with storage and a full height maintenance bay and two roller shutter doors.

FLOOR AREAS

Warehouse = 2643 sq ft / 245.6 sq m

Storage Area = 1100 sq ft / 102.2 sq m

Offices/ Mezzanine = 2045 sq ft / 189.9 sq m

Total = 5788 sq ft / 537.7 sq m

Open Sided Loading Bay = 897 sq ft / 83.4 sq m

Site Area = 1.26 acres / 0.51 hectares

LEASE

The premises are held on a lease for 15 years on a full repairing and insuring basis (subject to a Schedule of Condition) from the 6th May 2004. Rent reviews at the 5th and 10th years are to the higher market rent or the previous rent increased by 2.5% per annum compounded over 5 years. The current rent is £44,000 per annum exclusive. The rent is subject to VAT in addition.

RATEABLE VALUE

We are advised by the Local Authority that the rates payable are as follows:

Rateable Value = £16,750

Rates Payable 2007/2008 = £7,437.00

Prospective tenants are advised to make their own enquiries of the local rating authority to verify the above information.

VIEWING

Strictly by prior arrangement with the joint agents, Sheldon Bosley Commercial or Perry Holt & Co. To arrange to view the unit or for further information, please contact:

Suzanne James or Jacqui Capaldi on 01789 292310 or by email at:

suzanne@sheldonbosley.co.uk

jacqui@sheldonbosley.co.uk

or

Perry Holt on 01923 431619 or by email at:

office@perry holt.co.uk

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.