Two modern adjoining and interconnecting industrial/warehouse units with potential for Trade Counter use, situated on the Showground Business Park, just off J24 of the M5 motorway. Nearby occupiers include GAP Tool Hite, Falcon Vehicle Rental, Westerly BMW/Mini and Nagel Group. The units are available with a yard/parking area to the front (potential to create a secure yard area).
Available by way of assignment or sub-letting until December 2024, or on a new longer lease.
Location
The Festival units are situated on the Showground Business Park, a well established location around 0.9 miles (1.4km) north of J24 of the M5 and 1.7 miles (2.9km) south of Bridgwater town centre. Access to the business park is off the A38 which in turn links to the Colley Land Relief Road. Nearby occupiers include SIG, Nagel Group, Royal Mail, GAP Plant and Tool Hire and Falcon Vehicle Rental.
Accommodation
3,961 - 11,691 sq ft (368.02 - 1,086.13 sq m) gross approx
Terms
Planning We understand that the accommodation has planning consent for B1, B2 and B8 uses with potential for trade counter use but all interested parties should make their own enquiries to the Planning Department of Sedgemoor District Council. www.sedgemoor.gov.uk. Lease The units are held by way of an existing Full Repairing & Insuring lease expiring 24 December 2024. The units are available by assignment or sublease. Alternatively, the units are available on a new longer Full Repairing & Insuring lease with other terms by negotiation.
Legal Costs Each party is to be responsible for their own legal costs incurred in the transaction.
Rent/Price On application.
Business Rates The units are currently assessed with a rateable value of £56,000 (combined).
Interested parties should make their own enquiries to Sedgemoor District Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment. www.voa.gov.uk.
References/Rental Deposits Financial and accountancy references may be sought from any prospective tenant prior to agreement.
Prospective tenants may be required to provide a rental deposit subject to landlords’ discretion.
Specification
- 22 car parking spaces
- Easy motorway access
- Established industrial location