Lot 60
    Office
    Turtle House
    Kemble Airfield, Kemble, Cirencester, Gloucestershire, GL7 6BA
    Sold for £195,000
     
    Number 1
    A Substantial Office Investment Producing £20,000 per annum.

    Description

    The property is situated on an airfield and comprises a substantial detached, semi-cylindrical single storey (plus mezzanine) measuring 239.5 sq m (2,579 sq ft). Formerly a commercial storage building, the property has been reconfigured to provide office premises.

    Tenure

    Freehold

    Location

    Kemble Airfield is a well established, mixed-use business park and active commercial airfield. Junctions 15, 16 and 17 of the M4 are approximately 15 miles to the south and Junction 11A of the M5 via the A4176/A419 being approximately 22 miles to the north. Kemble Railway Station which provides direct access to London Paddington, Bristol and Cheltenham is located approximately 2 miles away.

    Accommodation

    Ground Floor - 174.7 sq m (1,881 sq ft)
    Open Plan Office Space
    Further Partitioned Office Space
    Storage
    Kitchen/Staff Area
    WC's

    Mezzanine Level - 64.8 sq m (698 sq ft)
    Two Partitioned Offices

    Exterior

    The property benefits from ample parking to the front and an enclosed rear garden.

    Tenancy

    The property is let to The Turtle Mat Company Ltd on an FRI lease that has just been extended for a new term of 3 years commencing 1st August 2020 at a rent of £20,000 per annum. The tenants have been in occupation since 2005 and have stated their desire to stay long term.
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