Industrial to let in Unit 11 Ashchurch Industrial Estate, Alexandra Way, Tewkesbury GL20

Tewkesbury is an historic market town located in North Gloucestershire, situated approximately 10 miles to the North of Cheltenham and Gloucester, 48 miles North of Bristol, 45 miles South of Birmingham and 105 miles North West of London. The town’s excellent road communications and attractive working environment have attracted major companies, retailers, and restaurateurs alike.

Ashchurch Industrial Estate is located just off Alexandra Way, approximately 500 metres from J9 of M5 motorway and 1.5 miles east of Tewkesbury town centre. The location provides excellent access to the Midlands and south west via the M5 and London via the A417/9 dual carriageway and M4 motorway. A mainline rail link from Ashchurch Parkway is situated about 0.5 mile to the east of J9 of M5.

The premises comprise a mid-terraced unit of steel portal frame construction under a metal sheet covered roof with translucent roof lights and insulation panelling to the roof, front and rear elevations.

The warehouse has a clear eaves height of 5.2m rising to 6.3m and is accessed by a roller shutter loading door. Offices are provided at ground and mezzanine levels with staff welfare facilities.

Externally, a large front forecourt provides 8 parking spaces in addition to the loading area.

Subject to Contract
The premises are available on a new full repairing and insuring lease, for a period of years to be agreed, at an initial rent of £47,500 per annum exclusive.

The lease will contain periodic upward only rent reviews and will be excluded from the security of tenure provisions of the Landlord & Tenant Act 1954 Part II. A rent deposit may be required.

The lease will contain the provision for a service charge to be levied on an ad-hoc basis in respect of maintenance to the external common parts of estate.

The property is elected for VAT.