Unit 5, East Park Trading Estate, Whitehall, Bristol, BS5 7DR

Asking Price £425,000 - Sold Subject to Contract

  • Approx. 5,000 ft²
  • Let at £30,000pa
  • Rent Review in September 2027 (Market Rent of circa £40,000pa).



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A tenanted industrial unit of approximately 5,000 ft² with roller shutter access and large forecourt providing off street parking. The unit is let on a 10 year term from September 2022 at a passing rent of £30,000pa, although we consider the market rent to be £40,000pa.

In addition to the floor area reported above, there is a large mezzanine occupying the majority of the foot print of the building which provides additional ancillary storage and kitchen/canteen.

DESCRIPTION -

A tenanted industrial unit of approximately 5,000 ft² with roller shutter access and large forecourt providing off street parking. The unit is let on a 10 year term from September 2022 at a passing rent of £30,000pa, although we consider the market rent to be £40,000pa. The lease is subject to an upwards only rent review in September 2027.

In addition to the floor area reported above, there is a large mezzanine occupying the majority of the foot print of the building which provides additional ancillary storage and kitchen/canteen.

LOCATION -

The unit is situated in a modern and established industrial estate just off Gordon Road in Whitehall, East Bristol.

FLOOR AREA -

Approximately 5,000 ft² (465m²) on a Gross Internal Area Basis (excluding the mezzanine).

TENURE -

Offered for sale on the residue of a 125 year lease (with approximately 100 years remaining), subject to the occupational lease. We understand there is a ground rent payable of £167pa which we are informed the tenant pays.

BUSINESS RATES -

The Rateable Value with effect from April 2023 is £40,750.

LEASE DETAILS -

The unit is let on a 10 year term from September 2022 to The Sofa Library, at a passing rent of £30,000pa. The lease is subject to an upwards only rent review in September 2027 and is drafted on a fully repairing and insuring basis.

ENERGY PERFORMANCE CERTIFICATE (EPC) -

Rating: D Valid to Jan 2032.

FLOOR PLAN -

The floor plan and aerial images are provided for indicative purposes only and should not be relied upon.

VAT -

All figures quoted are exclusive of VAT unless otherwise stated. We understand the unit is opted for VAT although we would anticipate the sale being treated as a Transfer Of a Going Concern.

VIEWINGS -

By appointment.

CONTROL OF ASBESTOS REGULATIONS -

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.

Floorplan for East Park Trading Estate, Whitehall, Bristol