Auction House London

Lot 60

Office - Commercial Property 

Turtle House

Kemble Airfield, Kemble, Cirencester, Gloucestershire, GL7 6BA

Sold for £195,000

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.

Additional Fees

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

View Details as PDFEnquire NowFinance Available
Individual Viewing Appointments to be Arranged Via Our Office For all viewing enquiries, please contact andrew@auctionhouselondon.co.uk
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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