Spacious commercial unit with solar PV and 20 parking bays, ideal for investors.
8,596 sq ft office accommodation across ground and mezzanine levels
An expansive 8,596 sq ft leasehold office converted from two industrial units, offered with vacant possession and 20 allocated parking spaces. The building sits on a popular Thornbury business park, benefits from solar PV on the roof and flexible Use Class E planning—suitable for office, light industrial or training uses (subject to consents). The accommodation includes ground-floor reception, multiple offices and training rooms, mezzanine/first-floor offices, WCs, kitchen facilities, shower room and accessibility features including a disabled lift.
This lot is for sale by live online auction with an attractive reduced guide price and an extended eight-week completion period. The lease runs for 125 years from 1988 (effectively c.110 years remaining as advertised), and the current service charge is £4,850.32 per annum (noted as above average). Purchasers should allow for the buyer’s premium (£1,500 + VAT) and should review the complete legal pack prior to bidding; the property is sold subject to auction terms and conditions.
The accommodation offers clear scope for income or operational change: joint agents estimate potential rental of c. £57,000 pa, or the space could be reinstated as two separate light industrial units if required (subject to consents and works). The building is structurally straightforward but was adapted from industrial use, so potential buyers should budget for refurbishment to suit specific occupier requirements and check services and compliance via the legal pack and surveys.