Property for sale

Strawberry Hill, Newent GL18

A rarely available commercial/agricultural investment opportunity set within A site approaching eight acres. The site consists of nine letting units (currently all occupied with an income in excess of £80,000 per annum).

Unit 1 - 1D

(likely to become vacant within 6 months)

1 - Main Workshop - 5,237 Sq Ft

1A - Welding Workshop - 3,487 Sq Ft

1B - Office/Rest Room/Toilet/Store - 520 Sq Ft

1C - Spray Shop - 1,117 Sq Ft

1D - Lean-To Storage - 764 Sq Ft

Plus 2 Large Yard/Parking Areas
Operating centre for one vehicle and one trailer

Mains drainage. Own electricity suuply

Unit 7 - Newly Built Skip Storage Unit - 5,000 Sq

No electricity supply. No business rates

Total Sq Ft In Excess Of 16,000 Sq Ft

Let out at £30,000 per annum (exc VAT).

Unit 2 - 4,500 Sq Ft

Let out at £10,200 per annum (exc VAT)
Mains dranage, own electricity supply.

Unit 3 - 2,400 Sq Ft

Let out at £5,280 per annum (exc VAT).
Own septic tank, electricity supply on sub meter from Unit 1 tenant.

Unit 4 - 1567.50 Sq Ft

Let out at £5,400 per annum (exc VAT).
Shared septic tank with 4A and 6.
Own electric supply.

Unit 4A - 1,800 Sq Ft

Let out at £4,950 per annum (exc VAT).
Shared septic tank with 4 and 6.
Own electric supply.

Unit 5 And 5A - 8,900 Sq Ft / Large Enclosed Yard

Let out at £22,080 per annum (exc VAT).
Own septic tank.
Own electric supply.

Unit 6 - 1,350 Sq Ft

Let out at £5,400 per annum (exc VAT).
Shared septic tank with 4 and 4A.
Own electric supply.

Present Income Per Annum - £83,310 Exc Vat

All these buildings have either B1 or B2 light industrial use.

Agricultural Land Adjacent To Commercial Site

Comprises of three to four acres of agricultural land having a recently built barn / stables / yard. The barn measures approximately ** 80ft x 40ft ** approximately with power and lighting on sub meter from unit 4A tenant. This land is also currently let out on a peppercorn rent.

Agents Note

For further information on Unit 1, please speak to the agent's office.

Services

Mains water, electric, mains and private drainage.

Water Rates

Severn Trent - to be advised.

Local Authority

Forest of Dean District Council, Council Offices, High Street, Coleford, Glos. GL16 8HG.

Tenure

Freehold.

Viewing

Strictly through the Owners Selling Agent, Steve Gooch, who will be delighted to escort interested applicants to view if required. Office Opening Hours 8.30am - 7.00pm Monday to Friday, 9.00am - 5.30pm Saturday.

Directions

Proceed out of Newent along the Dymock Road (B4221) taking the first turning right onto Tewkesbury Road. Follow this road towards Staunton for less than a mile until you see a turning on the left on a sharp right bend signposted Strawberry Hill. Turn left into Strawberry Hill, proceed along this road for quarter of a mile and the entrance to the business park will be found on your right hand side.

Property Surveys

Qualified Chartered Surveyors (with over 20 years experience) available to undertake surveys (to include Mortgage Surveys/RICS Housebuyers Reports/Full Structural Surveys).