Units 13-19 Chase Lane Industrial Estate Eastern Avenue Gloucester GL4 6PH – Gloucester
Industrial unit for sale
£420,000 5,220 sq ft
The premises comprise a terrace of industrial units of steel portal frame construction with part brick/part clad elevations under a fully clad roof. Each unit is self-contained and is accessed by a vehicular door or pedestrian door.
Externally, there is allocated parking in the yard to the front of the units.
The units are fully occupied, however, formal lease agreements are not in place. The vendor has been arranging the buildings insurance and maintaining the exterior of the properties. The tenants are responsible for maintaining the interior of the properties and any running costs such as business rates and utilities.
• Location: Gloucester
• Size: 484.95 m2 (5220.00 ft2)
• Property: Investment
• Type: For sale
• Price: Â£420000.00
• Status: Sale Agreed
The premises are located off the A38 Gloucester Ring Road (Eastern Avenue) which, in turn, provides access to Junction 11 of the M5 motorway network, approximately 4 miles north east and Junction 12 approximately 3 miles south of the subject property. This is an established commercial location with other occupiers in the immediate vicinity including Screwfix, Big Yellow, Howden Joinery and Homebase. Gloucester is well connected to the motorway network, being served by three junctions of the M5; junction 11 provides access via the A40 (3 miles), junction12 to the south (5 miles) and junction 11a (3 miles) connects to the Brockworth Bypass, Cirencester/Swindon and the M4 motorway at junction 15 (34 miles).
The properties have been used for a range of light industrial, general industrial and storage uses (Classes B1, B2 and B8 of the Use Classes Order 1987).
The property is elected for VAT, however, it is proposed to treat the transaction as a Transfer of a Going Concern (TOGC).
This industrial unit for sale is located in Gloucester.