Commercial Investment
Astrolabe Building, Cheddar Business Park Wedmore Road, Cheddar BS27 3EB
£725,000
23 July 2025
GUIDE PRICE
AUCTION DATE
COMMERCIAL INVESTMENT | £116,400 PA The property is subject to a leasehold interest registered under title number ST309182 of the whole of the property. The contractual term of the lease expired on 30 June 2023 and the tenant is holding over under the Landlord and Tenant Act 1954. The managing agents have confirmed that they are collecting £9,700 per month | £116,400 per annum. Part of the second floor is let to Artichoke ( Kitchen Cabinet Makers ) Ltd pursuant to the terms of the underlease dated 15 January 2025. This underlease contains a mutual break clause. Please refer to online legal pack for copies of lease and further information. VAT Clients are awaiting HMRC for confirmation on the VAT - update to follow / please refer to online legal pack.
Cheddar Business Park, Wedmore Rd, BS27 3EB
Guide Price
£725,000
Auction Date
23 Jul 2025
Lot
25
Venue
Online
Auctioneer
Hollis Morgan
Hollis Morgan
9 Waterloo Street, Clifton, Bristol , BS8 4BT
0117 973 6565
About Hollis Morgan
Andrew Morgan MBE and Olly Hollis, with their trusted team, are experienced estate agents with a wide knowledge of the Bristol property market and over 100 years combined industry experience. Established in 2010 they specialise in traditional residential sales in North West & Central Bristol and are the most successful Land & Property Auctioneers in Bristol and the West Country.