Cotswold Business Centre 12-14 Cotswald Link 7,620 SF 100% Leased Industrial Building Moreton In Marsh GL56 0JQ £1,250,000 (£164.04/SF)
INVESTMENT HIGHLIGHTS
- Detached freehold industrial building, split into three units
- Insulated external cladding and roofing with roof lights
- Electric roller shutter doors with 5.5m headroom and adjoining personnel door
- Built in 2007 of a steel portal frame and concrete block fair faced blockwork division walls
- Power floated concrete floors
- Fire alarms fitted to each unit
EXECUTIVE SUMMARY
Freehold investment opportunity or potential for vacant possession in 2025. Cotswold Business Village is viewed as the premier commercial development in the North Cotswolds.
Available as a going concern or vacant possession can be sought as the three leases expire in 2025 and are outside the Landlord and Tenant Act. The 2021 rent reviews were not enacted. Total current rent £42,000 per annum and market rent estimated at £75,000 per annum a 6% gross yield. Potential to extend the building subject to consent.
UNIT 12 ? Vacant since 31st January 2025 ? Market Rent in region of £25,000 per annum ? Rateable Value - £19,750 and EPC Band C ? 5 parking spaces
UNIT 13 ? One year lease to January 2026, with a mutual two month break clause ? Current passing Rent (per annum) £20,000 ? Full Repairing and Insuring Lease ? The lease is excluded from the renewal provisions (sections 24 to 28) of the Landlord and Tenant Act ? Rateable Value - £21,250 and EPC Band C ? 5 parking spaces
UNIT 14 ? Lease expiring on 1st June 2025 ? Current passing Rent (per annum) £22,000 ? Full Repairing and Insuring Lease ? The lease is excluded from the renewal provisions (sections 24 to 28) of the Landlord and Tenant Act ? Rateable Value - £24,000 and EPC Band D ? 5 parking spaces
Available as a going concern or vacant possession can be sought as the three leases expire in 2025 and are outside the Landlord and Tenant Act. The 2021 rent reviews were not enacted. Total current rent £42,000 per annum and market rent estimated at £75,000 per annum a 6% gross yield. Potential to extend the building subject to consent.
UNIT 12 ? Vacant since 31st January 2025 ? Market Rent in region of £25,000 per annum ? Rateable Value - £19,750 and EPC Band C ? 5 parking spaces
UNIT 13 ? One year lease to January 2026, with a mutual two month break clause ? Current passing Rent (per annum) £20,000 ? Full Repairing and Insuring Lease ? The lease is excluded from the renewal provisions (sections 24 to 28) of the Landlord and Tenant Act ? Rateable Value - £21,250 and EPC Band C ? 5 parking spaces
UNIT 14 ? Lease expiring on 1st June 2025 ? Current passing Rent (per annum) £22,000 ? Full Repairing and Insuring Lease ? The lease is excluded from the renewal provisions (sections 24 to 28) of the Landlord and Tenant Act ? Rateable Value - £24,000 and EPC Band D ? 5 parking spaces
PROPERTY FACTS
| Price | £1,250,000 |
| Price Per SF | £164.04 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | B |
| Rentable Building Area | 7,620 SF |
| Number of Floors | 1 |
| Year Built | 2007 |
AMENITIES
- EPC - C
- EPC - D
- Roller Shutters
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