SOLD

Cinderford - Drake House, Pavilion Business Park, GL14 2YD

Industrial/Warehouse Forest of Dean For sale or To Let 672.17 m2 (7235ft2)

Modern business unit with potential for a variety of uses.

The property comprises an industrial/warehouse unit of steel frame construction with a front elevation of full brickwork incorporating aluminium double-glazed windows at both levels, enhancing the natural lighting throughout. The side and rear elevations are part brick, part clad, and the party wall is blockwork. The roof is pitched and covered with lined profile cladding, incorporating translucent skylights. Access is from an up and over vehicular door or pedestrian door. 

The accommodation is over 2 floors and includes a showroom and display areas, a workshop, packaging area, storage areas with loading bay, kitchen, and Male and Female WC facilities. There is also a server room. The first floor includes offices, a kitchen/staff area and further preparation and storage areas. 
 
In general, the specification of the ground floor includes a suspended ceiling with inset LED spotlights, a combination of emulsion block and painted plastered walls and carpet flooring, aside from the warehouse which has a concrete floor. The kitchen has a range of high- and low-level units, a stainless-steel sink unit, part tiled wall, fridge, and worktop area.

The first floor is finished to a more basic specification with a combination of carpet and vinyl floor coverings, suspended ceilings with fluorescent strip and surface mounted lighting. 
 
All mains services are provided including a new Worcester boiler, and the property has an intruder alarm with CCTV, fire alarm and door entry systems.
 
There is a forecourt to the front of the property providing ample room for parking and loading/unloading. There is an additional area of landscaping opposite the unit which could be upgraded to provide further parking, subject to the necessary consents being obtained.

The property has an EPC Rating of D-79. 

Address and Location

Address :

Drake House
Pavilion Business Park
Cinderford
Forest of Dean
GL14 2YD

Pavilion Business Park is located on Forest Vale Industrial Estate, Cinderford. Forest Vale is a well-established commercial area and offers a range of accommodation from large purpose-built modern factories, through to smaller industrial estates. Gloucester is 14 miles, where access is available to the M5 at Junction 11, Ross on Wye is 5 miles to the west.

Rates

The Rateable Values appearing on the Valuation Office website are as follows:

Ground Floor £10,750
Suites 1 to 5 GF £11,750
Suites FF 6 & FF 16-17 £8,000
Rates in the £ 2022/2023 0.499

Prospective occupiers should check with the Local Authority to establish any transitional relief that may be applicable.

Accommodation

Appoximate gross internal areas

Ground Floor 344.07 sq m (3,704 sq ft)
First Floor 328.10 sq m (3,532 sq ft)
Total 672.17 sq ft (7,236 sq ft)

Planning

The property has been used as a showroom, workshops, offices, and storage which fall within Classes E and B8 of the Use Classes Order 1987.

Terms

Terms

The property is offered freehold with vacant possession or alternatively, consideration will be given to a letting, subject to terms.

VAT

The property is elected for VAT purposes.

Costs

Service Charges

A charge is levied by the Estate Landlord to cover the costs associated with the upkeep and maintenance of the communal areas.

Legal Costs

Each party to bear their own legal costs incurred in the transaction.

Property Disclaimer

ASH Chartered Surveyors for themselves and for the vendors or lessors of this property for whom they act, give notice that:

  1. these particulars are a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract;
  2. ASH Chartered Surveyors cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy;
  3. no employee of ASH Chartered Surveyors has any authority to make or give any representation or warranty or enter into any contract whatever in relation to the property;
  4. rents quoted in these particulars may be subject to VAT in addition; (v) ASH Chartered Surveyors will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars; and
  5. the reference to any plant, machinery, equipment, services, fixtures or fittings at the property shall not constitute a representation (unless otherwise stated) as to its state or condition or that it is capable of fulfilling its intended function. Prospective purchasers/tenants should satisfy themselves as to the fitness of such items for their requirements.

Code of Practice for Commercial Leases in England and Wales

You should be aware that the Code of practice on commercial leases in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licenced conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations.

Money Laundering Regulations

As part of our obligations under the UK Money Laundering Regulations 2017, ASH will require any tenant/purchaser to provide proof of identity along with any other required documentation to satisfy anti-money laundering regulations.

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Industrial/Warehouse Forest of Dean For sale or To Let 672.17 m2 (7235ft2) Price: £425,000
Rent: £36,000

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