Book a Property Valuation

Strawberry Hill, Newent

Guide Price £1,500,000

House

Overview

House for sale in Strawberry Hill, Newent

Key Features:

  • Ownership of the Largest Business on Site (17,000 sq ft)
  • Commercial / Agricultural Opportunity
  • Site approaching Eight Acres
  • Six Lettings Units (all occupied)
  • Selling Due to Retirement
  • Established Family Business for the last 30-40 Years

A RARELY AVAILABLE COMMERCIAL/AGRICULTURAL OPPORTUNITY set within A SITE approaching EIGHT ACRES . The site consists of SIX LETTING UNITS (currently all occupied with an income in excess of £50,000 per annum) together with THE OWNERSHIP of the LARGEST BUSINESS ON SITE CONSISTING OF 3 UNITS (presently 17,000 sq ft) - EUROQUIP NEWENT LIMITED. It has been running as a FAMILY BUSINESS for the last 30-40 YEARS and is WELL ESTABLISHED IN THE AREA, having very healthy sales of between £800,000 and £900,000 per annum on average (ACCOUNTS AVAILABLE FOR VIEWING AT THE AGENT'S OFFICE).

Business - Euroquip Newent Limited -

The business comprises of:

Main Workshop - 5,237 Sq Ft -

Welding Workshop - 3,487 Sq Ft -

Office - 520 Sq Ft -

Spray Shop - 1,117 Sq Ft -

Storage - 764 Sq Ft -

Barn / Storage - 969 Sq Ft -

Newly Built Skip Storage Unit - 5,000 Sq Ft -

Total Sq Ft In Excess Of 17,000 Sq Ft -

Company Information -

This light industrial business has been running for many years in fabrication, making skips, recycling equipment, forklift attachments etc. The business has B1 / B2 usage.

WITHIN THE BUSINESS, THERE IS A RANGE OF EQUIPMENT TO INCLUDE:

. Guillotine - only 2-3 years old.
. Brake press.
. 21T lorry.
. 14T trailer.
. 4 x forklift trucks.
. Mobile home.
. Various cutters and welders.
. General tools and equipment needed for the successful running of the business.







CURRENT STAFFING:

. Manager
. Secretary
. Foreman
. Seven other staff covering the workshop, paint spraying etc.

OPENING HOURS:

. Monday to Thursday - 8 am to 5 pm.
. Friday- 8 am to 1 pm.

Let Units -

Unit 2 - 4,500 Sq Ft - Let out at £10,200 per annum (exc VAT)

Unit 3 - 2,400 Sq Ft - Let out at £5,280 per annum (exc VAT).

Unit 4 - 1567.50 Sq Ft - Let out at £5,400 per annum (exc VAT).

Unit 4A - 1,800 Sq Ft - Let out at £4,950 per annum (exc VAT).

Unit 5 - 8,900 Sq Ft / Large Enclosed Yard - Let out at £22,080 per annum (exc VAT).

Unit 6 - 1,350 Sq Ft - Let out at £5,400 per annum (exc VAT).

Total Income Per Annum - £53,310 Exc Vat -

All these buildings have either B1 or B2 light industrial use.

Agricultural Land Adjacent To Commercial Site - Comprises of three to four acres of agricultural land having a recently built barn / stables / yard. The BARN measures approximately ** 80FT x 40FT ** approx with power and lighting. This land is also currently let out.

Agents Note - The site is only being sold due to the owners retirement.

Website - euroquip.net

Full accounts are available to view at the agents office.

Site opening hours:

. Monday to Friday - 8 am to 6 pm.
. Saturday - 8 am to 2 pm.

Services - Mains water, electric and drainage.

Water Rates - Severn Trent - to be advised.

Local Authority - Forest of Dean District Council, Council Offices, High Street, Coleford, Glos. GL16 8HG.

Tenure - Freehold.

Viewing - Strictly through the Owners Selling Agent, Steve Gooch, who will be delighted to escort interested applicants to view if required. Office Opening Hours 8.30am - 7.00pm Monday to Friday, 9.00am - 5.30pm Saturday.

Directions - Proceed out of Newent along the Dymock Road (B4221) taking the first turning right onto Tewkesbury Road. Follow this road towards Staunton for less than a mile until you see a turning on the left on a sharp right bend signposted Strawberry Hill. Turn left into Strawberry Hill, proceed along this road for quarter of a mile and the entrance to the business park will be found on your right hand side.

Property Surveys - Qualified Chartered Surveyors (with over 20 years experience) available to undertake surveys (to include Mortgage Surveys/RICS Housebuyers Reports/Full Structural Surveys).

Awaiting Vendor Approval - These details are yet to be approved by the vendor. Please contact the office for verified details.

Read more
Sorry! An EPC is not available for this property.

Strawberry Hill, Newent

Commercial Property

Strawberry Hill, Newent

Kilcot, Newent

4 Bedroom Barn Conversion

Kilcot, Newent

Station Lane, Longhope

5 Bedroom Detached House

Station Lane, Longhope


OPENING HOURS: Monday to Friday 8.30am to 7pm, Saturday 9am to 5.30pm

Newent Office
4 High Street
Newent
Gloucestershire
GL18 1AN

Sales
Tel:
01531 820844
newent@stevegooch.co.uk

Lettings
Tel:
01531 822829
lettings@stevegooch.co.uk

Coleford Office
1 High Street
Coleford
Gloucestershire
GL16 8HA

Tel: 01594 835566
coleford@stevegooch.co.uk

Mitcheldean Office
The Cross
Mitcheldean
Gloucestershire
GL17 0BP

Tel: 01594 542535
mitcheldean@stevegooch.co.uk

Gloucester Office
27 Windsor Drive
Tuffley
Gloucester
GL4 0QJ

Tel: 01452 505566
gloucester@stevegooch.co.uk