8 Collins Road

At a glance

Key Points

• Located on popular estate close to Motorway Network
• Approx 6 metre eaves
• Car parking to front self contained yard

Description

Constructed in the early 1980’s.
Set back from Collins Road with self contained yard area to the side.
Built to approx. 6 metre eaves of brick and blockwork, comprising portal frame structure.
To the front is an integral office element at ground and first floor with two separate warehouses / workshops, with side access off the secure yard behind gates.
Car parking available to the front and small landscaped area.
Internally there is a lobby, customer toilet, reception office with door to workshop, separate staff WC and staffroom, two first floor offices.
The main workshop has original concrete floor, blockwork internal walls.
Gas fired central heating to offices.
Wall mounted gas fired blowers provide heating to the workshop area.
Rear section virtually fully mezzanined with roller door to the western elevation.
The building requires some refurbishment and redecoration.

The Location

The property is located in the heart of the popular Heathcote Industrial Estate, just to the south of Leamington Spa and Warwick. Other occupiers on the Estate include Jaguar Land Rover, Dennis Eagle, Titan Storage and Integrated Hydraulics.

The Estate is situated within 2 miles of Junction 13 and 14 of the M40 Motorway.

Tenure

The property is available on a new 5 year FRI lease at a rental in the order of £57,500 per annum or alternatively, the building is available to purchase freehold with vacant possession at a figure of £735,000. The property is not elected for VAT.

EPC

The property has an ‘E’ Rating – Valid until 9th September 2028.

Services

We understand that all mains services are either connected or available for connection to the property. Interested parties are required to make their own investigations.

Planning

We understand that the property has the benefit of planning permission for User Class E purposes (Industrial / Warehouse Use) under the Town & Country Planning Use Classes Order. Interested parties are advised to make their own enquiries of Warwick District Council Planning Department on 01926 456760.

Anti-Money Laundering

The Money Laundering Regulations require us to conduct checks upon all Purchasers including Tenants. Prospective Purchasers will need to provide proof of identity and residence. For a company any person owning more than 25% must provide the same.

Legal Costs

Each Party will meet their own legal and professional costs.