COMMERCIAL INVESTMENT FOR SALE Greenbank Business Park, Bradeley Green Lane, Whitchurch, SY13 4HD Offers in the region of Gross Rent £66,460 per annum (with further potential growth) Site Area 6.23 acres (2.52 hectares) £825,000 (Exclusive) Industrial units extending to 21,635 sq ft (2,010 m sq) Net initial yield 7.65% (after allowing for normal purchasers costs) FOR SALE COMMERCIAL INVESTMENT Greenbank Business Park, Bradeley Green Lane, Whitchurch, SY13 4HD

INVESTMENT SUMMARY ■ Held Freehold Title Number CH553011

■ Significant further asset management potential through the obtaining of future planning consents

■ Well located

■ Low site density

■ C u r r e n t l y a r r a n g e d t o p r o v i d e 1 2 s e p a r a t e u n i t s , o f f e r i n g a range of workshops, commercial business space and retail accommodation

■ Net initial yield of 7.65% (after normal purchasers costs)

■ Significant scope for further asset management to increase the investment return, by letting the remaining vacant units and developing the accommodation land

■ Gross annual rental income £66,640 per annum

■ Site Area 6.23 acres (2.52 hectares)

■ Industrial units and workshops with Gross Internal Floor Area of to 21,635 sq ft (2,010 m sq)

PRICE We are instructed to seek proposals for our client’s freehold interest subject to the occasional leases, in the region of £825,000 Eight hundred and twenty five thousand pounds only) (Exclusive) subject to contract, which reflects a net initial yield of 7.65% after normal purchasers costs. The property can be acquired as a TOGC (Transfer of a Going Concern).

hallsgb.com 01743 450 700 COMMERCIAL INVESTMENT FOR SALE COMMERCIAL INVESTMENT Greenbank Business Park, Bradeley Green Lane, Whitchurch, SY13 4HD Greenbank Business Park, Bradeley Green Lane, Whitchurch, SY13 4HD

SITUATION Bradeley Green is a village in East, , it is north of Whitchurch and on the county border with . Whitchurch is an established market town serving north Shropshire and it lies 2 miles east of the Welsh Border. Sited 20 miles north of the county town of Shrewsbury and 20 miles south of the city of Chester. At the time of the 2011 census it had a population of 9,781 and a significant catchment area. Whitchurch has road links to Wrexham, Nantwich, Chester and Shrewsbury and provides easy access to the A41/A49 bypass.

DESCRIPTION The site comprises a 12 unit commercial estate consisting of workshops, business space and retail accommodation arranged within a total Site Area of approximately 6.23 acres (2.52 hectares). The estate benefits from a generous provision of on site parking and accommodation land. The multi-occupied commercial estate comprises steel portal framed timber and brick built buildings. The estate currently provides a Total Gross Internal Floor Area of approximately 21,635 sq ft (2,010 m sq). There is significant further asset management potential and the construction of new commercial units (subject to consents and letting/developing the currently disused accommodation land. (Subject to statutory consents.)

TENURE The site is offered for sale Freehold, held under Title Number CH553011. The site is sold subject to a variety of occupational tenancies and a full tenancy schedule is available from the selling agents upon request.

hallsgb.com 01743 450 700 FOR SALE COMMERCIAL INVESTMENT Greenbank Business Park, Bradeley Green Lane, Whitchurch, SY13 4HD

ACCOMMODATION

(All measurements are approximate.)

Site Area: 6.23 acres (2.52 hectares) sq ft m sq

Unit 1A 2,110 196

Unit 1B 1,453 135

Unit 1C 1,184 110

Unit D 1,184 110

Unit 2 4,413 410

Unit 3A 1,292 120

Unit 3B 1,012 94

Unit 3C 1,991 185

Unit 4 4,306 400

Unit 5 1,130 105

Unit 6A 1,076 100

Unit 6B 431 40

TOTALS 21,635 2,010

PLANNING Prospective purchasers should rely on their own enquiries. The estate has planning consent for uses falling within use Class B of the Town and Country Use Class Order 1987. There is potential for further developments on the accommodation land, subject to statutory consents.

hallsgb.com 01743 450 700 FOR SALE COMMERCIAL INVESTMENT Greenbank Business Park, Bradeley Green Lane, Whitchurch, SY13 4HD

SERVICES (Not tested at the time of inspection) We understand that mains water and electricity are connected to the property. The property is served by a sceptic tank drainage system.

VAT Prospective parties should rely on their own enquiries. The property is understood to be elected for VAT. The property can be acquired by a TOGC (Transfer of a Going Concern).

RATEABLE VALUES Each tenant is currently responsible for their own business rates and we are advised all tenants currently benefit from (SBR) Small Business Rates Relief. Internet enquiries were made to the local charging authority and we understand as follows:

Rateable Value Rates Payable Unit 1A 9,100 4,468

Unit 1B 6,800 3,339

Unit 1C 5,600 2,750

Unit 1D 5,600 2,750

Unit 2 5,900 2,897

Unit 3A 1,292 634

Unit 3B 1,725 847

Unit 3C 3,050 1,498

Unit 4 5,000 2,455

Unit 5 1,850 908

Unit 6A 1,850 908

Unit 6B 780 383

Prospective parties should rely on their own enquiries.

hallsgb.com 01743 450 700

This is a print of the view of the title plan obtained from HM Land Registry showing the state of the title plan on 01 February 2019 at 13:44:55. This title plan shows the general position, not the exact line, of the boundaries. It may be subject to distortions in scale. Measurements scaled from this plan may not match measurements between the same points on the ground.

This title is dealt with by HM Land Registry, Birkenhead Office. FOR SALE COMMERCIAL INVESTMENT Greenbank Business Park, Bradeley Green Lane, Whitchurch, SY13 4HD

LEGAL COSTS Each party is to be responsible for their own legal costs in respect of this transaction.

EPC To order

LOCAL AUTHORITY , Westfields, Middlewich Road, Sandbach CW11 1HZ Telephone: 0300 1235500

VIEWING/INFORMATION Strictly by prior arrangement with the joint agent. For more information or to arrange a viewing and access to data room, please contact :

James Evans 07792 222 028 E: [email protected] Sarah Davies E: [email protected]

Lucy Wilde E:[email protected] 01743 450 700

IMPORTANT NOTICE Halls have advised their clients on the Code of Practice for Commercial Leases in England and Wales. to make or give any representation or warranty whatsoever in relation to the property. iv) The images show only certain parts Halls, for themselves and for the vendor of this property, or as the case may be, lessor whose agent they are, given notice that: and aspects of the property at the time they were taken/created. Any areas, measurements or distances given are approximate i) These particulars are intended for guidance only. They are prepared and issued in good faith and are intended to give a fair only. Any plans are for identification purposes only. v) Any reference to alterations to, or use of, any part of the property is not description but do not consitute part of an over or contract. Any information given should not be relied on as a statement or a statement that any necessary planning, building regulations or other consent has been obtained. An intending purchaser representation of fact or that the property or its services are in good condition. ii) Halls have not made any investigations into must verify these matters. An occupier should not rely upon the Use stated in these particulars and should check their the existence or otherwise of any issues concerning pollution and potential land, air and water contamination. The purchaser proposed use with the relevant Planning Authority . is responsible for making his or her own enquiries in this regard. iii) Neither Halls nor any of their employees has any authority