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Agent's details

Taylor Group House, Wedgnock Lane, CV34

For sale: £2,000,000.00|To rent: £155,000.00 Per Annum|22,224 Sq Ft|General Industrial, Warehouse, Industrial

Property details

FOR SALE£2,000,000.00
TO RENT£155,000.00 Per Annum
SIZE22,224 Sq Ft
ADDRESSTaylor Group House, Wedgnock Lane, Warwick, CV34 5YA
TYPEGeneral Industrial, Warehouse, Industrial
TENURETo Let, Under Offer, For Sale Freehold, For Sale Leasehold
POSTED ON16th April 2024

Description

Key Points

  • Site Area: 0.903 Acre (0.37 Hectare)
  • Floor Area 22,224 sq ft (2064.68 sqm)
  • Possession Available December 2023
  • Summary

    For Sale / To Let 2 industrial / warehouse buildings with 2 storey brick built office pod

    Description

    The property comprises 2 industrial / warehouse buildings with a 2 storey brick built office pod at the front of the first building, side vehicular access to a rear yard area to a separate second detached building at the rear of the site.

    The front office entrance comprises a ground floor entrance hall with burglar alarm, fire alarm, reception office, 4 further offices and internal staircase to first floor offices which are partitioned to form a number of rooms.

    Ground floor and first floor Gross Internal Areas are 1,162 sq ft each.

    Warehouse 1 has an eaves height to the underside of haunch of 10 ft (3.04m) with overall dimensions of 68 ft 9 in x 108 ft (20.96m x 32.96m) comprising a single portal frame with fluorescent strip lights hanging from the steels, ducted heating system with a floor mounted gas fired boiler, roller door to the front elevation and roller door to the side elevation.

    The space is divided by brick-built stores including works WC, 2 storerooms, work office.

    The second warehouse area comprises 144 ft x 69 ft (44m x 21m) of a similar portal frame construction with clad and insulated roof, fluorescent strip lights, roller door to the side with external canopy (5 metre width) and a further roller door. There are further workshop rooms, office and canteen / Ladies and Gents toilets.

    The separate rear building is L shaped, 36 ft 9 in x 51 ft + 27.6 x 25.5 (11.19m x 15.54m + 8.428m x 7.7m) with a height to underside of haunch of 27 ft 9 in (8.45m), roller door, overhead lighting, overhead gas blower and works WC.

    Total floor Area therefore, comprises:-

    Front Building: 17,330 sq ft (1,610 sqm) plus 2 offices (1,162 sq ft each)
    Rear Building: 2,570 sq ft (238.76 sqm)
    With there being an external yard area adjacent to Building 2 with hardstanding for HGVs, 8 car parking spaces at the rear of the building and a further tarmac drive, and car parking for 11 cars at the front of the building.

    Viewings

    Strictly by prior arrangement with the sole agents:

    William J Wareing FRICS
    T 01926 430700 • M 07715 001018
    E bill.wareing@wareingandcompany.co.uk

    Jonathan M Blood MRICS
    T 01926 430700 • M 07736 809963
    E Jonathan.blood@wareingandcompany.co.uk

    Location

    The property is located approximately 1 mile north of Warwick Town Centre fronting Wedgnock Lane on the Wedgnock Industrial Estate at its junction with Haywood Road. It is to the south of the former IBM campus and adjacent to the company Headquarters of MCS Construction and adjacent to other occupiers such as Schenck and Trust Pet Foods. On the opposite side of Wedgnock Lane is the Volvo Truck & Bus offices, and Maxi Haulage facility is a short distance away.

    The property has direct road access to the A46 Warwick Bypass and thereby to Junction 15 of the M40, the A45, M1, M45 and M6.

    Rent

    A rental of £155,000 per annum (exclusive) on the basis of a 10 year full repairing and insuring lease.

    Price

    Offers in the region of £2M for the freehold interest.

    Location

    marker
    Location: Taylor Group House, Wedgnock Lane, Warwick, CV34 5YA

    Warwick Parkway (0.8 miles)

    Warwick (0.9 miles)

    Leamington Spa (2.8 miles)

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