TO LET either individually or together

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August French
5 years ago
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CANAL SIDE WORKSHOPS AND MOORINGS ON THE SHROPSHIRE UNION CANAL TO LET either individually or together KEY FEATURES - MOORINGS 46 jetty moorings plus

Market Drayton town centre KEY FEATURES - WORKSHOP Open plan workshop with loading doors and canopied canal frontage Reception and office areas Yard

1 CANAL SIDE WORKSHOPS AND MOORINGS ON THE SHROPSHIRE UNION CANAL TO LET either individually or together KEY FEATURES - MOORINGS 46 jetty moorings plus additional bankside berths Serviced moorings with power and water supplies Car parking and storage alongside the moorings Moorings are within a mile of Market Drayton town centre KEY FEATURES - WORKSHOP Open plan workshop with loading doors and canopied canal frontage Reception and office areas Yard totaling c. 630 sq m (6,800 sq ft) including canal side wharf Building gross internal area 295 sq m (3,177 sq ft) Total site area 0.1 hectares (0.25 acres)

2 LOCATION Market Drayton lies on the popular Shropshire Union Canal, approximately 20 miles north of Telford and 15 miles west of the M6. These premises are less than a mile east of the town centre in a largely residential area. The Talbot Wharf boatyard lies immediately to the south of the workshops. Road access is via Betton Road. The workshops are located behind the former Betton Mill, which now comprises flats. The moorings are accessed via Waterside Drive, alongside a modern housing development.

DESCRIPTION - WORKSHOP The building is of brick and timber framed construction with corrugated iron clad upper elevations. The layout comprises two bays with a central dividing wall.

3 DESCRIPTION - WORKSHOP The building is of brick and timber framed construction with corrugated iron clad upper elevations. The layout comprises two bays with a central dividing wall. One bay contains an open plan workshop with loading doors opening onto the canal side yard area. The other bay has been fitted out to provide a reception area and offices, with WC s to the rear. At the back of this part of the building is a further storage or workshop area that connects with the main workshop. The building has a canopy running the full length of the canal frontage and a gangway runs along the side of the building for part of its length, providing access from the wharf. Note that we have not tested this gangway for stability so interested parties are advised not to use it until its strength has been established. Additional small storerooms to the rear of the building may also be available if required. These are separately accessed from a walkway between the workshop and the former mill building. DESCRIPTION - MOORINGS The moorings are within a layby on the off-side of the canal. They are accessed via a footpath that runs between the layby and the adjacent housing. The site benefits from a tarmac surfaced car park at the northern end of Waterside Drive; this provides 12 marked parking spaces. There is also a timber shed for storage and admin, together with a small landscaped amenity area. The moorings are fixed timber jetties projecting from the bankside. They provide a total of 46 jetty berths for narrowboats. In addition, mooring is possible to the bankside to the north and south of the layby to provide a capacity of at least 50 berths. Services are provided via electricity and water points at intervals along the bankside. A CRT sanitary station alongside Betton Road bridge provides additional facilities for berth holders. The planning permission is for leisure use only, except for one berth which may be occupied by a residential warden.

4 ACCOMMODATION Workshop Schedule of Areas ft 2 m 2 Open plan workshop area 1, Reception, offices and WCs 1, Workshop/store to rear of offices Total 3, There are in addition 5 small storerooms to the rear of the workshop building. These may be available to a tenant of the workshop, or may be offered in conjunction with the Waterside Drive Moorings if additional storage accommodation is required to service this moorings business. These rooms have the following floor areas obtained from the Valuation Office Agency website:- Store rooms ft 2 m 2 Unit Unit Unit 7a Unit 7b Unit 7c

5 TENURE Both properties are available on a new lease on terms to be agreed. They may be leased to a single tenant, or each site may be leased individually if preferred. The workshop is a relatively basic structure, and it is envisaged that the lease will place a limited future repairing liability on the ingoing tenant, with a requirement that the building be maintained in a wind and weather tight condition. It is acknowledged that both sites are in need of some initial remedial repair work. Incentives may be available by way of an initial rent free or reduced rent period at the start of the lease to enable the ingoing tenant to invest in these remedial and improvement works. EPC An EPC has been commissioned on the workshop building and details will be provided when available. SERVICES Vail Williams LLP has not checked and does not accept responsibility for any of the services within either site. Further information as to the condition of the services can be made available by The Canal & River Trust to interested parties. BUSINESS RATES The Valuation Office Agency website indicates that the workshop building and rear stores are assessed for business rates purposes as follows:- Property Description Rateable Value Workshop building Workshop and premises 6,800 Unit 5 - Store Workshop 390 Unit 6 Workshop, mooring and premises 1,500 Unit 7a Store 580 Unit 7b Store 690 Unit 7c Store 810 The Waterside Drive moorings are entered in the Rating List with a description of mooring and premises and a rateable value of 3,450.

TERMS Offers are invited for each site individually, or for a single lease encompassing both sites. VIEWING Strictly by appointment through the sole agents below.

6 TERMS Offers are invited for each site individually, or for a single lease encompassing both sites. VIEWING Strictly by appointment through the sole agents below. Ian Froome Vail Williams LLP 1000 Lakeside North Harbour Western Road Portsmouth PO6 3EN Tel: ifroome@vailwilliams.com Subject to Contract June 2015 Misrepresentation Act 1967 Vail Williams for themselves and for the vendors or lessors of this property, whose agents they are, give notice that: 1. The particulars are set out as a general outline only for the guidance of intended purchasers or lessees and do not constitute nor constitute part of an offer or contract. 2. All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. 3. No person in the employment of Vail Williams has any authority to make any representation or warranty whatsoever in relation to this property. Finance Act 1989 Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax (V.A.T.). Any intending purchasers or lessees must satisfy themselves independently as to the incidence of V.A.T. in respect of any transaction. Birmingham Camberley Crawley Guildford Heathrow London Portsmouth Southampton Thames Valley Vail Williams LLP, a Limited Liability Partnership, registered in England (number OC319702). Registered Office: 540 Thames Valley Park, Reading, Berkshire RG6 1RA. Any reference to a Partner means a Member of Vail Williams LLP or an employee or consultant with equivalent standing and qualifications. A full list of Members is open for inspection at the registered office. Regulated by RICS. Our Services: Acquisition & Disposal, Building Consultancy, Corporate Real Estate, Development Consultancy, Investment and Funding, Leasing Advisory, LPA Receivership, Planning Consultancy, Property Asset Management, Rating, Valuation

Significant Conversion or Redevelopment Potential (STP) Freehold with Vacant Possession

Significant Conversion or Redevelopment Potential (STP) Freehold with Vacant Possession 023 8082 0900 vailwilliams.com Key Features Conversion / Re-development Opportunity Sought After Student Location