| Property Type | Industrial / Other |
| Tenure | For Sale |
| Size | 20,454 sq ft |
| Price | £1,650,000 |
| Business Rates | £56,055 per annum |
| Rateable Value | £101,000 |
| Energy Performance Rating | Upon enquiry |
A rare opportunity to acquire a modern industrial unit on a large site of 2.48 acres with approximately 1.1 acres undeveloped.
Key Features
- 2.48 acre site
- Approx. 1.1 acres of undeveloped land
- Detached Industrial Unit
- 275 kVA (subject to verification)
- 6m eaves
- Side loading yard
- Fronting Great Western Way
Description
The property comprises of a modern, detached industrial / warehouse building on a total site area site of approximately 2.48 acres. The main building is of steel frame construction built in c.1990 and has part brick and part profile metal sheet cladding to the elevations and two loading doors accessed via a concrete service yard. Internally, there is a reception area, welfare facilities and first floor offices. The eaves height is approximately 6m rising to 8m at the apex.
More recently, the building has been extended to the south west to provide additional workshop / storage accommodation. This is of steel frame construction with a mono pitched roof, maximum height of 3.8m and a single loading door.
Externally, the service yard is laid to concrete and tarmac along with a compacted gravel overflow parking area to the south of the building. There is also approximately 1 acre of undeveloped land which could accommodate further buildings, parking or open storage subject to planning permission and all usual consents and approvals.
Available area
The accommodation comprises the following areas:
| Name | sq ft | sq m |
|---|---|---|
| Ground - Warehouse, Reception and WC's | 10,407 | 966.84 |
| 1st - First Floor Offices | 4,019 | 373.38 |
| Ground - Warehouse extension | 4,608 | 428.10 |
| Mezzanine | 1,420 | 131.92 |
| Total | 20,454 | 1,900.24 |
Location
Unit R Westmead Drive is situated on the Westmead Industrial Estate, a popular and well established industrial area approximately 2 miles west of Swindon town centre and 2 miles from junction 16 of the M4. There are excellent amenities both on the estate and within walking distance including Greggs, and Sainsbury’s supermarket. Occupiers on the estate include Travis Perkins, UK Storage and Howdens.
The property fronts onto the Great Western way and is in close proximity to the Meads Roundabout.
Terms
Available to purchase on a long leasehold basis for the remainder of the 125 term from February 1989. The ground rent is £36,700 per annum reviewed every five years. The next review is in February 2029.
The guide price is £1.65 million exclusive of VAT.
Utilities
The property is connected to all mains utilities, including gas and III Phase electricity supply.
We understand that subject to verification, up to 275 kVA is currently available to the site.
Anti Money Laundering Regulations
A prospective purchaser will be required to provide information to satisfy these regulations once terms have been agreed.
Business Rates
The Rateable Value is £101,000. The rates payable are approximately £56,055.
EPC
An EPC is currently being prepared.
