Unit 1 The Bramery Business Park Alstone Lane Cheltenham GL51 8HE – Cheltenham
For sale £205,000 3,187.44 sq ft
Unit 1 is an end terrace industrial/warehouse unit of steel frame construction with block elevations and mono pitched clad roof. Access to the unit is by of an up and over vehicular door or by 2 pedestrian doors.
The accommodation comprises the main warehouse, offices and WCs on the ground floor with storage provided on the first floor. The mezzanine has a concrete floor.
There is allocated parking to the front and an area for loading/unloading.
The property is let to Prescott Ales LLP for a period of 5 years to expire 2nd February 2020 on a full repairing basis. The passing rent is £12,500 per annum and the lease includes a tenant's break clause on the 3rd February 2018, subject to 6 month's prior written notice. It is excluded from the Security of Tenure provisions of the Landlord & Tenant Act 1954, Part II.
The Bramery Business Park is located off Alstone Lane approximately ½ mile from Cheltenham Town Centre and within 3 miles of Junctions 10 and 11 of the M5. The surrounding area is a combination of residential and commercial properties.
The property has been used for light industrial purposes which fall within Class B1. It would also suit alternative employment uses such as general industrial (Class B2) and storage and distribution (Class B8).
This industrial unit for sale is located in Cheltenham.