Old Bath Road

Charvil, Twyford, RG10 9QJ

19,267 sq ft
For Sale
Development / Land / Industrial / Warehouse

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Workshops and land with potential for redevelopment for sale in Twyford

Property Type Development / Land / Industrial / Warehouse
Tenure For Sale
Size 19,267 sq ft
Price Offers from £3,000,000.00
Business Rates £1.58 per sq ft
Energy Performance Rating This property has been graded as F (149)

Key Features

  • Established industrial site
  • Of interest to owner occupiers or developers
  • Suitable for redevelopment (STP)
  • Strong Thames Valley Location
  • Good access to A329 and M4 via J8/9 & 10
  • Vacant possession

Location

The property is located approximately 5 miles east of Reading fronting the A3032 Old Bath Road midway between Twyford and Charvil.

The centre of Twyford is half a mile to the east and includes a main line railway station which provides access to London Paddington.

To the south is a country park and lake.

The M4 motorway is accessible via Junction 10 or at Maidenhead Junction 8/9.

Description

The site of approximately 1.45 acres comprises 2 basic industrial units with a gross internal area of approximately 13,000 ft plus additional mezzanine floors

The buildings are in the main constructed of concrete portal frames with corrugated asbestos cladding to the roof and walls, apart from brickwork up to approximately 2 metres in height. The single storey office is constructed of brick elevations with a flat felted roof.

Please refer to the site plan and photographs of the property accompanying these particulars of sale for further information.

Planning History

Previously described as an established industrial site by planning officers, the current industrial / commercial use of the site dates back to 1950’s when it was used as a scrap yard and latterly for motor vehicle servicing and repairs since the 1960’s. The current owner / occupier has been on site for around 60 years. It is understood the existing circa. 13,000 sq ft of workshops currently on the site date from the 1970’s. Consent for an additional light industrial building of around 3,000 sq ft was granted in 2009 but never implemented.

The adjacent similar sized site, Denmark House, has had a series of planning consents in 2007 and 2012 for additions to the warehousing / distribution and associated office uses and currently stands at circa 26,000 sq ft.

Any planning related queries should be directed to the Local Planning Authority: Wokingham Borough Council.

Environmental

A stage 1 and 2 environmental report and DWG plan are available upon request.

Available area

The property sits on a site of approximately 1.45 acres. The Gross Internal floor Areas (GIA) are detailed below:

Name sq ft sq m
Unit - North Workshop Office 2,247 208.75
Unit - North Workshop Warehouse 6,003 557.70
Unit - North Mezzanine 2,185 202.99
Unit - South Workshop Warehouse 4,413 409.98
Unit - South Mezzanine 3,919 364.09
Building - Outbuilding 500 46.45
Total 19,267 1,789.96

EPC

Unit 1 F:149
Unit 1a D:96
Unit 2 E:125
Unit 2a F:146

Rateable Value

The property lies within the administrative authority of Wokingham Borough Council (the “Rating Authority”) and is shown on the rating list as having a Rateable Value of £59,500.

VAT

The property is not elected for VAT and therefore VAT will not be payable on the purchase price.

Terms

The entire site is freehold and full vacant possession will be given on completion of the sale.

Anti-Money Laundering Regulations

To comply with Anti Money Laundering regulations, Haslams Surveyors LLP undertake ID checks for all successful purchasers and tenants where legislation requires us to do so.

Viewings

Please contact the sole agents for further information or an appointment to view. A series of open mornings may be designated. TBC

Please note that parties must not enter the property without our prior authority and any inspection of the site is at the prospective purchaser’s risk.