26 & 27 Freemantle House

Kingsclere Park, Kingsclere, Berkshire, RG20 4SW

4,784 sq ft Warehouse & Industrial, Offices, For Sale

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A 50:50 business unit with production space on the ground floor and offices above, available for sale in Kingsclere nr Newbury

Property Type Warehouse & Industrial, Offices
Tenure For Sale
Size 4,784 sq ft

Key Points

  • Suitable for an owner occupier
  • Business park location
  • Close to local amenities
  • No VAT chargeable on sale price

Location

Kingsclere Park is situated on the A339 and is about a 10 minute walk from Kingsclere village and local amenities. It benefits from being in close proximity to Newbury and the M4 as well as Basingstoke, giving easy access to the M3. Newbury provides a rail service to London Paddington and Basingstoke to London Waterloo, both approximately in an hour.

Description

The property is arranged as production/storage space on the ground floor with the first floor as offices.  Parking is arranged on three sides of the building and both units have loading doors.

Accommodation & Tenancies

We understand the Gross Internal Areas (GIA) are as follows:

Unit No. / Floor Accommodation sq ft sq m
26 Ground Floor Production 1,159 108
26 1st Floor Office 1,233 115
27 Ground Floor Production 1,159 108
27 1st Floor Office 1,233 115
Total   4,784 446

Terms

Units 26-27 are available for £250,000. The existing tenant vacates the unit in May 2018, however the property can be bought prior to this.

The adjacent units 28-29 (measuring 4,744 sq ft) are also available. Applicants to contact the marketing agents for further details.

Tenure:  Long Leasehold.

Business Rates

Rateable Values as follows:

1st Flr 26: £9,900
26-27 & 1st Flr 27: £27,000

If the two units were occupied together, the rates would need to be reassessed and could change. Interested parties should contact the local authority for further information.

Energy Performance Asset Rating

The units have an EPC rating of F (135)

Legal Costs / VAT

Each party to bear their own legal costs. VAT not chargeable on sale price but is on service charge.

Viewing & Further Information

Please contact the joint sole agents for further information or an appointment to view.