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Severn Way 0.95 Acres of Commercial Land for Lease in Bristol BS35 4BL

HIGHLIGHTS
- Adjacent to junction 1 of the M48
- Avonmouth is 8 miles to the South West via the A403 (Severn Road)
- Surfaced with tarmac with the boundaries
LOT AVAILABLE
Display Rental Rate as
| Rental Rate |
|
Lot Size | 0.95 AC |
| Lease Term | Negotiable |
| Rental Rate | |
| Lease Term | Negotiable |
| Lot Size | 0.95 AC |
The property is available on a new full repairing lease for a term of years to be agreed to be drafted outside the Security of Tenure provisions of the 1954 Landlord and Tenant Act. The lease will incorporate five yearly upward only rent reviews to the greater of open market rental or annual compound CPI subject to a minimum of 2% and maximum of 5% per annum. Plot B - £71,250 per annum exclusive of rates, insurance, VAT and service charge. Consideration may be given to the sale of Plot B by way of a 999 year ground lease at a peppercorn rental and subject to the estate wide service charge. The long leasehold interest will permit the use of the site for employment uses falling within Classes E1(g, B2 and B8 of the Use Classes Order.
PROPERTY OVERVIEW
The plots comprise two parcels of land which will be created from the parking area of the original Aust Services. The site is surfaced with tarmac with the boundaries to be created with heras fencing The site is located within the Aust Services adjacent to junction 1 of the M48. Avonmouth is 8 miles to the South West via the A403 (Severn Road) and Bristol is 14 miles to the east via the M48/M4/M32.
PROPERTY FACTS
| Total Space Available | 0.95 AC | Property Subtype | Commercial |
| Property Type | Land |
| Total Space Available | 0.95 AC |
| Property Type | Land |
| Property Subtype | Commercial |
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