AVAILABLE FREEHOLD / LEASEHOLD

Transcription

1 AVAILABLE FREEHOLD / LEASEHOLD Superb Detached Headquarters Office Building with outbuildings and approximately 8 acres of land Holly Grange Holly Lane, Balsall Common Coventry, CV7 7PF Suitable for alternative uses ie training centre / residential, subject to planning consent Telephone / Fax Holly Walk Leamington Spa Warwickshire CV32 4LY

2 Location Holly Grange is located just off the A452, Leamington Spa to Brownhills Road approximately 10 miles south west of Coventry and 5 miles west of the junction with the A45 close to Birmingham International Airport, the National Exhibition Centre and Birmingham International Railway Station. There are excellent road communications with junction 4 of the M6, Junction 6 of the M42 within 4 miles and there being easy access to the M40, M45 and M1 motorways. The property is located on the edge of the greater West Midlands Birmingham Solihull conurbation in the heart of the high growth area. Description The period brick and tile building was constructed originally in 1894 as a private residence and has been the subject of substantial recent refurbishment to offer high quality office accommodation on three levels within the main building, further ancillary accommodation in a detached two storey property together with guest/caretaker residence. It is sat within approximately 8 acres (3.23 hectares) of grounds with open countryside to the front and rear. The building is of brick construction with pitched tiled covered roofs of a gothic style with substantial extensions. External car parking has been created totalling 57 car parking spaces (approximately 1 per 100 sq ft net floor area). Two vehicular accesses, extensive pasture land and garden. Accommodation SQ FT SQ M Ground Floor Reception Main Offices Rear Offices Stores Kitchenette 121 First Floor Main Offices Rear Offices Second Floor Main Offices Stores Kitchenette Outbuilding 1 Offices Outbuilding 2 Residential Garage / Workshop Stores Total Outside Landscaped grounds of circa. 8 acres surround the property

3 Planning We have been verbally informed by the Planning Department of Solihull Borough Council that the property has an established planning consent for B1a use for offices within the Town & Country Planning (use Classes) Order. We believe that the premises could also be suitable for use as a training centre under C2 of the Use Classes Order, subject to planning consent being obtained or alternatively for residential purposes subject to planning consent. Business Rates Rateable Value 80,500 (2013 /14) Rates Payable 37, (2013/14) Services The property is centrally heated by an oil fired central heating boiler replaced in December The annex buildings are heated by tanked gas supplied central heating system. There is a private drainage system that serves this property with plant facility located within the grounds. Tenure Holly Grange is available to purchase freehold with vacant possession completion of the purchase. Price on application. Alternatively, the premises are available to let on a new full repairing and insuring lease at an initial rental of 110,000 per annum, exclusive, on the basis of a 15 year lease with 5 yearly upward only rent reviews. Occupation The premises to be fully repaired by the existing occupier and will be available for occupation in October VAT All figures quoted are exclusive of VAT. At the present time, the property is not elected for VAT. Viewing By prior arrangement through sole letting agents:- Bill Wareing FRICS bill.wareing@wareingandcompany.co.uk IMPORTANT NOTICE All statements contained within these particulars are believed to be correct but their accuracy is not guaranteed nor do they form part of any contract or warranty. Unless specified to the contrary, interested parties should note the following:- All dimensions, distances and floor areas are approximate and are given for guidance purposes only. Information on tenure or tenancies has been provided to us in good faith by the vendor/lessor of the property. Prospective purchasers/lessees are strongly recommended to have this information verified by their solicitors. Information on rating assessments and Town & Country planning matters has been obtained by verbal enquiry from the appropriate Local Authority. Prospective purchasers / lessees are recommended to obtain written confirmation prior to entering into any commitment to purchase/lease. All information on the availability of mains services is based on information supplied to us by the vendor/lessor. All other statements regarding service installations, including apparatus, fixtures and fittings, do not warrant the condition or serviceability of the items referred to as no tests have been carried out. Interested parties are recommended to arrange for any necessary tests to be carried out prior to acquisition. No investigations have been made to verify if any equipment, plant, machinery or services in or on the premises are compliantall prices and rents are quoted exclusive of VAT unless expressly stated to the contrary. Please note that these particulars are issued in good faith but without responsibility. These particulars are issued on the distinct understanding that all negotiations are concluded through Wareing & Company. The property is offered Subject to Contract and it still being available at the time of enquiry and that no responsibility can be accepted for any loss or expenses incurred in viewing. Wareing & Company for themselves and for the vendors or lessors of this property whose agents they are, give notice that (i) the particulars are set out as general outline only for the guidance of intending purchases or lessees, and do not constitute, nor constitute part of, an offer or contract (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct but 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 the correctness of each of them, (iii) no person in the employment of Wareing & Company has any authority to make or give any representation or warranty in relation to this property, (iv) all rentals and prices are quoted exclusive of VAT.

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