Interested in this property?
Contact the Ledbury Office on 01531 634648 Option 3.
- 2067 Square Feet
- INVESTMENT FREEHOLD PROPERTY FOR SALE
- EPC RATING: D (90)
- INDUSTRIAL UNIT EXTENDING TO APPROXIMATELY 2067 SQ FT
- GUIDE PRICE: £165,000 + VAT
- RENTAL INCOME: £11,000 PER ANNUM
INVESTMENT FREEHOLD PROPERTY FOR SALE EPC RATING: D (90) INDUSTRIAL UNIT EXTENDING TO APPROXIMATELY 2067 SQ FT GUIDE PRICE: £165,000 + VAT RENTAL INCOME: £11,000 PER ANNUM
Location & Description
The property is located on a well established industrial estate known as The Clifton Centre, which forms part of the Spring Lane South industrial/commercial area of Malvern. The Malvern urban area has a population of approximately 40,000 with a thriving business community and two mainline railway stations running services on the Hereford to Paddington and Hereford to Birmingham railway lines. There is good access to the road network with the M5 and M50 motorway easily accessible.
The property is of a block and profile clad construction with designated car parking and is situated on a large, secure gated yard. The unit benefits from roller shutter door, WC facilities, and is let to a catering company specialising in school lunches.
Unit 1 Clifton Centre - 2067 sq ft (192.02 sq m)
With roller shutter door measuring 9ft 6in (w) x 9ft 1in (h), and pedestrian doors.
We have been advised that mains electricity, water and drainage are connected to the property. This information has not been checked with the respective service providers and interested parties may wish to make their own enquiries with the relevant local authority. No statement relating to services or appliances should be taken to infer that such items are in satisfactory working order and intending occupiers are advised to satisfy themselves where necessary.
PLANNING - No enquiries have been made of the local planning authority in order to verify the use classification and interested parties are advised to check with the local planning department.
Intending purchasers will be required to produce identification documentation and proof of funding in order to comply with The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017. More information can be made available upon request. John Goodwin FRICS has made every effort to ensure that measurements and particulars are accurate however prospective purchases/tenants must satisfy themselves by inspection or otherwise as to the accuracy of the information provided. No information with regard to planning use, structural integrity, tenure, availability/operation, business rates, services or appliances has been formerly verified and therefore prospective purchasers/tenants are requested to seek validation of all such matters prior to submitting a formal or informal intention to purchase/lease the property or enter into any contract.
TENURE- We are advised (subject to legal verification) that the property is freehold and subject to the existing lease. LEASE DETAILS- The property is let on a lease dated 4 April 2017 for three years on Full Repairing and Insuring terms at £11,000 Per Annum Exclusive + VAT. GUIDE PRICE- £165,000 + VAT SERVICE CHARGE- Is Applicable - further details available upon request.
Energy Performance Certificate
The EPC rating for this property is D (90).
By appointment to be made through the Commercial Department at the Agent's Ledbury Office, Tel 01531 634648 Option 3
MISREPRESENTATION ACT, 1967 - JOHN GOODWIN - Conditions under which Particulars are issued:
John Goodwin for himself and for the Vendors or lessors of this property whose agent he gives notice that:
- The particulars are set out as a general outline only for the guidance of intending purchasers or leasees and do not constitute, nor constitute part of, an offer or contract.
- All descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
- No person in the employment of John Goodwin has any authority to make or give any representation or warranty whatever in relation to this property.
Driving into Spring Lane South from Malvern Link, turn right adjacent to the Malvern Hills Gymnastic Club and continue through the gate into The Clifton Centre, and the property can be found on the left hand side.
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