Location
The property is equidistant between Stonehouse and Ebley, approximately 2 miles west of Stroud and 10 miles south of
Gloucester.
The main site is accessed via a private road directly off Ebley Road which links Stonehouse and the M5 in the west with Stroud and Cirencester in the east. The surrounding area is predominantly rural, but there is a mix of both residential and commercial uses in close proximity to the subject site.
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Description
Magflo House
The property comprises a detached split level industrial building and a freestanding two storey office building with linked access and yard areas, car parking and landscaping.
The industrial building is split level, of steel framed construction with varying eaves heights and has predominantly profiled metal sheet elevations under pitched steel sheet roofs.
The building incorporates a mezzanine area with some partitioned office and store areas. The premises are accessed via 3 metal up and over roller shutter loading doors situated on the "upper level" within the front, rear and side elevations, as well as a number of personnel doors on both levels.
The office building provides a range of office and ancillary accommodation over ground and first floors, and has its principal entrance within the front elevation. A secondary pedestrian entrance is located in the rear section and provides a link to the industrial building (via the shared yard). Internally the accommodation provides a
combination of open plan offices and cellular meeting rooms. The offices benefit from perimeter trunking (in part), suspended ceilings with recessed lighting, central heating and comfort cooling.
The site extends to approximately 1.16 hectares (2.86 acres).
Rose Lawn
Rose Lawn comprises a detached 6 bedroom residential dwelling arranged over ground, first and second floors which is currently held on an assured short hold tenancy until August 2011 at a rent of £1,340 pcm.
The site extends to approximately 0.40 hectare (1.00 acre).
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| Accommodation |
Magflo House - Office |
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| Ground Floor |
311.69 Sq M |
3,355 Sq Ft |
| First Floor |
282.05 Sq M |
3,036 Sq Ft |
Magflo House - Industrial |
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| Lower Ground Floor |
376.82 Sq M |
4,056 Sq Ft |
| Ground Floor |
1,211.90 Sq M |
13,045 Sq Ft |
| Mezzanines |
266.60 Sq M |
2,870 Sq Ft |
| Total Accommodation |
2,420 Sq M |
26,050 Sq Ft |
| Total Site Area |
1.56 Hectares |
3.86 Acres |
The above areas have been calculated on an approximate net internal basis and must be verified by interested parties
Terms
The entire site is available by way of a new 999 year ground lease at a peppercorn rent and premium offers in the region of £1.55 million are invited. The ground lease will permit employment uses falling within Class B of the Use Classes on the main site and continued residential on Rose Lawn.
Alternatively, consideration may be given to a sale of either Magflo House or Rose Lawn in isolation.
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Legal Costs
Each party to be responsible for their own costs incurred in this transaction.
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Rating
We are verbally advised that the Rateable Value for Magflo House is £96,000, the UBR for 2011/2012 being 43.3p. The Council Tax Band for Rose Lawn is Band F, which equates to £2,244 from 1st April 2011.
Interested parties are advised to make their own enquiries to the Local Authority for verification purposes.
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VAT
All figures quoted are exclusive of Value Added Tax which may be charged at the prevailing rate.
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These maps are for identification purposes only and should not be relied upon for accuracy. Reproduced by permission of Geographers A-Z Map Co. Ltd. Licence No. A0203. This product includes mapping data licensed from Ordnance Survey - © Crown Copyright 2001. Licence No. 100017302 and © Crown Copyright, All rights reserved. Licence No. ES 100004619.
Rapleys LLP is registered as a Limited Liability Partnership in England and Wales. Registration No: OC308311. Registered Office at Falcon Road, Hinchingbrooke Business Park, HUNTINGDON PE29 6FG. A full list of Members is available on our website or at any of our offices during normal business hours.
Disclaimer: Rapleys LLP (and their Joint Agents where applicable) for themselves and for the Vendors or Lessors of the property whose agents they are given notice that; I) these particulars are given without responsibility of Rapleys LLP or the Vendors or Lessors as a general outline only, for the guidance of prospective purchasers or tenants and do not constitute the whole or any given part of an offer or contract; ii) Rapleys LLP cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for the use and occupation and other details contained herein and any prospective 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 accuracy of each of them; iii) no employee of Rapleys LLP (and their Joint Agents where applicable) has any authority to make or give any representation or warranty to enter into any contract whatsoever in relation to the property; iv) VAT may be payable on the purchase price and/or rent, all figures are quoted exclusive of VAT, intending purchasers or lessors must satisfy themselves as to the applicable VAT position, if necessary by taking appropriate professional advice; v) Rapleys LLP will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars; vi) services, fixtures and fittings have not been tested and no warranty can be given as to their condition.
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