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For Sale - 10,366 Sq Ft (963.0 Sq M)

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(1)

For Sale - 10,366 Sq Ft (963.0 Sq M)

Attractive part-let modern office building 30 on-site parking spaces

Of interest to owner occupiers and investors

(2)

West Cepen W

ay A 350

W est C

epen W ay A

350 Bath Road A4

Bath Road A4 A420 A420

Town Centre M4 J17

Town Centre Bristol

Bath

Methuen Park

Easto n Lane Sainsburys

Pub M4

M4 J16

J17 J18

A342 A361

A361 A350

A350 A420

A3102

A3102

A3102

A4361 A350

A4 A429

A46

A36

A360 A342

A363

A366 A46

Chippenham Chippenham

Bath Bath

Devizes Devizes

Trowbridge Trowbridge

Melksham Melksham

Swindon Swindon

A4

location

Chippenham is an attractive and historic market town, strategically located 20 miles east of Bristol, 12 miles north east of Bath, 20 miles west of Swindon and 110 miles west of London. It is located on the M4 Motorway and the town centre is 4 miles south of Junction 17.

Chippenham benefits from being on the main railway line between London Paddington and the West Country, with a journey time to London of 1 hour 15 minutes.

Methuen Park is an established business park which is situated on the A4 approximately 1 mile to the west of the town centre, and 5 miles from Junction 17 of the M4.

Local amenities include Bath Road Retail Park with Costa Coffee, Next, TK Maxx, and M&S Foodhall, with a Sainsbury’s superstore and McDonalds drive-through also close by.

(3)

deScription

Methuen South comprises 6 high quality office buildings arranged in 3 semi-detached blocks in a landscaped setting with on-site car parking.

Building B1 comprises a modern self-contained office building with brick and profile clad elevations, arranged on ground and first floors.

car parking

The building benefits from 30 designated on-site parking spaces (1:345 sq ft).

aMenitieS

The building benefits from the following amenities;

Full access raised floor Comfort cooling Gas fired central heating

Suspended ceilings with inset LED lighting High quality fit out in place

Male, female and disabled WC facilities Passenger lift

(4)

B1 Methuen South, Chippenham, SN14 0GT

Ordnance Survey Crown Copyright 2020. All rights reserved.

Licence number 100022432.

Plotted Scale - 1:1250. Paper Size – A4

accoMModation

The building provides the following approximate floor areas (measured on a Net Internal Area basis).

Floor Size Sq Ft Sq M Comments

Ground Floor 5,189 482.1 Vacant

First Floor 5,177 480.9 Let to Appello Ltd

Total NIA 10,366 963.0 30 spaces

tenancy Schedule

The property is let in accordance with the following tenancy schedule.

Demise tenant Start Date Expiry Date Rental (pa)

Rent (psf)

ERV (psf)

Comments

Ground Floor

Vacant £16.50 Available to let,

details on request.

First Floor

Appello Ltd

21/10/2019 20/10/2022 £82,832 £16.00 £16.50 the tenant benefited from a commuted rent free period, the net rent receivable is £62,226 pa

(5)

planS

proposed glazed screen (half height)

IT Store sink

drainer/

hot water

microwave (extract hood) Lockers Shower

0 GROUND FLOOR 25m

Disabled WC Cleaners Cupboard fridge

Escape route

Post Room

Total No. Of Desks - 49

Full height coat cupboards

HANOVER_HOUSING

618_0GSP B

All details & dimensions are subject to a full site survey and should bechecked on site prior to commencement of works T: 01249 447200 F: 01249 447400 W: www.workscape.co.uk WORKSCAPE LIMITED, 1 WESTPOINT BUSINESS PARK, BUMPERS FARM,

CHIPPENHAM, WILTSHIRE, SN146RB

This drawing remains the property of WORKSCAPE LTD.

It may not be reproduced or passed on to any third party without prior consent.

sink drainer/

hot water

microwave

Comms Room (retained) Female

Male

Female

Glazed Screen

0 FIRST FLOOR 25m

Boiler Room fridge

existing door relocated Store

Store Option 2

Store Option 3

Total No. Of Desks - 63

2000 1800

1935

Store Option 4 Store Option 1

3250

3560

This drawing remains the property of WORKSCAPE ltd. It may not be reproduced or passed on to any third party without prior consent.

Client: Project:

Title: Date: Scale:

RevDescription Date

Drawing no:

All details & dimensions are subject to a full site survey and should be checkedon site prior to commencement of works

HANOVER_HOUSING METHUEN_PARK

PROPOSED_FIRST_FLOOR_FURNITURE 12/04/2017

NTS SP

618_01SP Drawn by:

Rev: C

A B C D s:\hanover housing association - 618\methuen park\proposed drawings\618_01sp_revb

E

ASSOCIATION

L:\Cad Dept\AutoCad Drawings\All Drawings\Metricdrawings\3D furniture\METRIC LOGO 2014.jpg

T: 01249 447200 F: 01249 447400 W: www.workscape.co.uk WORKSCAPE LIMITED, 1 WESTPOINT BUSINESS PARK, BUMPERS FARM,

CHIPPENHAM, WILTSHIRE, SN146RB

GROUND FLOOR

FIRST FLOOR

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tenure

The building is held by way of a 999 year Long Leasehold interest at a peppercorn ground rent.

It is to be sold with vacant possession of the ground floor, and subject to a 3 year lease of the first floor to Appello Ltd.

terMS

We are instructed to market the property by way of a sale of the Long Leasehold, offers will also be considered for a new FRI lease of the vacant ground floor suite. Further details of price and rental terms available on request.

epc

The building has an EPC assessment of Band C – 72.

BuSineSS rateS

The building is assessed for Business Rates purposes as follows: -

Ground Floor: Rateable Value £72,500 First Floor: Rateable Value £72,500

Vat

The building is elected for VAT, all figures quoted are exclusive of VAT, where applicable.

legal coStS

Each party will be responsible for their own legal costs incurred in the transaction.

Further inForMation/Viewing

For further information, or an appointment to view, please contact the agents.

avisonyoung.co.uk/14709

0117 984 2400

Important Notice. These particulars do not constitute any offer or contract and although they are believed to be correct their accuracy cannot be guaranteed and they are expressly excluded from any contract. AV Hollister HD2407 08/20

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