Description
The property comprises a mid terraced industrial/warehouse building, built of a traditional portal frame design, built to eaves height of 19'6" (5.95m). The total floor area is 4,068 sq ft (377.93 sq m) of which 1,006 sq ft (93.46 sq m) is located at first floor.
The building has been subject to a number of modifications over the years including the installation of first floor mezzanine storage and offices, with a walkway from the front of the structure to the rear. In addition the ceiling has been over clad as in a previous life it was used as a photographic studio.
The building specification includes a reinforced concrete floor, roller shutter loading door, night storage heating to offices, WC and kitchen facilities, 3-phase electricity and a block pavioured forecourt providing both loading access and car parking for approximately 8 vehicles.
Location
17 Southfield Road is located at the heart of the Kineton Road Industrial Estate, off Westfield Road. The site is identified on the attached location map.
Southam is a rapidly growing market town being almost equidistant from Leamington Spa, Coventry and Rugby with easy road links to both Daventry and Banbury. Access both east and west bound onto the M40 is available at Gaydon, junction 12.
Services
Mains water, electricity and drainage are connected to the building. We understand that gas is available.
Tenure
The property is to be sold freehold with vacant possession.
Planning
The building has most recently been used as a B8 (warehouse) but is available for uses within Class E of the new Use Classes Order.
Rent
The freehold price is £425,000, subject to contract.
VAT
VAT is applicable.
Rates
The rateable value is £19,750. From 1st April 2023 the rateable value will be £23,750.
Legal Costs
Each party will be responsible for their own legal costs in this transaction.
EPC
G 178
FREEHOLD PRICE £425,000 SUBJECT TO CONTRACT
7 ON SITE CAR PARKING SPACES
GROUND FLOOR AREA OF 3,062 SQ.FT. (284.57 SQ.M.)
FIRST FLOOR OFFICES AND MEZZANINE STORAGE 1,006 SQ.FT. (93.49 SQ.M.)
TO BE SOLD WITH VACANT POSSESSION
SUITABLE FOR CLASS E USES
( Agency Pilot Software ref: 544 )
