Middle Bridge Business Park, Portishead, Bristol BS20 6PN

£395,000 - For Sale

  • Part Let
  • Potential Annual Rent of £33,000pa
  • 10 Allocated Parking Spaces
  • Air Conditioning

Telephone: 0117 973 4940

Email: admin@maggsandallen.co.uk

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The above is offered for indicative purposes only and should not be relied upon. Rates will vary lender to lender and subject to the customer’s specific circumstances. Fee’s may also apply.

Property Details

Modern storey office building providing a ground floor office of approximately 1,000 sq ft and first floor office of 1,285 sq ft. The building benefits from 10 allocated parking spaces, shared toilets and kitchen, air conditioning, modern office lighting, and is predominantly open plan with glass partitioned offices with internal privacy blinds. The ground floor office is let at £14,500pa and the first floor, whilst currently available with vacant possession, is also available to let at £18,500pa, i.e a potentially gross annual rent of £33,000pa (plus service charge). The offices are situated in an established office complex in Portishead, providing easy access to the M5.

DESCRIIPTION -

Modern two storey office of approximately 2,285 sq ft (212 Sq m) with additional shared WC, disabled WC, kitchen and entrance hall. The ground floor is let at £14,500pa on a 5 year term from November 2017 and whilst the first floor is currently available with vacant possession, it is also available to let at £18,500pa.

The offices benefit from air conditioning, large shared entrance hall, modern office lighting and glass partitioned offices with integral privacy blinds.

LOCATION -

Situated in a modern office complex just off Portbury Common, providing easy access to the M5.

FLOOR PLAN -

The floor plan is provided for indicative purposes only and should not be relied on.

ACCOMODATION / LEASE DETAILS -

GROUND FLOOR -

The ground floor suite provides approximately 1,000 sq ft (92.9 sq m) IPMS3 / Net Internal Area.
The office is let on a 5 year term at £14,500pa subject to VAT and service charge, on an internal repairing and insuring term from November 2017 subject to an RPI increase in November 2020. The lease includes 4 parking spaces.

FIRST FLOOR -

The first floor suite provides approximately 1,285 sq ft (119.4 sq m) IPMS3 / Net Internal Area.
Whilst the first floor is currently available with vacant possession, it is also available to let at £18,500pa.

ENERGY PERFORMANCE CERTIFICATE -

Rating: C

BUSINESS RATES -

The rateable value with effect from April 2017 is £13,500 for the ground floor, and £17,500 for the first floor.

The multiplier for 2020/2021 is 51.2 pence in the pound or 49.9 pence in the pound for small businesses.
Small businesses should also benefit from a further 50% reduction on the rates payable for the ground floor given the low rateable value. However, we recommend all interested parties confirm the exact rates payable directly with the local authority.

VIEWING -

Strictly by appointment with Maggs and Allen only

VAT -

All figures quoted are exclusive of vat unless otherwise stated.
VAT is applicable to the property.

CONTROL OF ASBESTOS -

As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. Maggs & Allen has not tested or inspected for Asbestos and therefore recommend all interested parties to make their own enquiries.

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Maggs & Allen use all reasonable endeavors to supply accurate property information in line with the Consumer Protection from Unfair Trading Regulations 2008. These property details do not constitute any part of the offer or contract and all measurements are approximate.
It should not be assumed that this property has all the necessary Planning, Building Regulation or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide angle lens.
Any site and floor plans provided are for indicative purposes only and should not be relied upon.