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For Rent£7,987.00 - £23,884.00 Per Annum

To Let - Brand new light industrial units with B1, B2 & B8 planning consent. 3 year business rates exempt, offer until April 2019. Easy access to A12 & A47.

Light industrial, Industrial, Distribution Warehouse, General Industrial, Industrial Park, Warehouse, Storage , 1141 - 3412 Sq Ft
Property type: Light industrial, Industrial, Distribution Warehouse, General Industrial, Industrial Park, Warehouse, Storage
Tenure: To Let
Size: 1141 - 3412 Sq Ft
Rent: £7,987.00 - £23,884.00 Per Annum
Location: Phoenix Enterprise Park, Phoenix Road, Lowestoft, NR33 7NP
Location
Lowestoft is a town located to the north of Suffolk 30 miles from Norwich, 40 miles from Ipswich and 130 miles from London. The units are well located with easy access onto the A12, A47 and wider highway network. Lowestoft is actively involved in fabrication and support for the offshore renewables business. CEFAS, a world leader in marine science and technology is based here. Lowestoft is undergoing various re-developments, including the nearby former Zephyr Cams factory site as a retail park.
The South Lowestoft Industrial Estate is home to numerous well established businesses including Howdens Joinery, Screwfix and Adande Refrigeration.

Description
Brand new light industrial units built to a very high standard. Portal frame construction with a block plinth and insulated composite walls, under insulted pitched roofing. The units benefit from a 5m eaves height and 7.2m ridge height. There is a large electrically operated roller door to each unit, suitable for heavy goods vehicles.
All the units have a 3 phase power supply, efficient LED lighting, electrical fittings and are fitted with an accessible/ staff toilet. Some of the units are available with fitted kitchens, offices and space heating. All the units are fitted with high level external lighting.

Parking
All the units come with allocated car parking spaces.

Utilities
Gas, electricity, water and mains drainage are connected.
Telephone & internet access: ducts for telephone & internet are provided. Tenants are responsible for the installation of the service.
Refuse: Communal collection, the cost of which is collected through the service charge.
Fire alarms are fitted to each unit.

Permitted Use
To use the premises for light industrial purposes only within classes B1, B2 & B8 of the Use Classes Order. Other uses appropriate for an employment area will be considered.

Tenure
Leasehold tenancies are available on the business units based upon multiples of two, three and five year terms.

Rents
The principal rent is £7.50 per sq ft for units with offices and space heating and £7.00 per sq ft for units without. If the tenant is not VAT registered, a 20% discount will apply. This will end once the tenant becomes VAT registered.

Business Rates
The tenant is responsible for the payment of all business rates due on the premises. However, the Park is within the New Anglia Enterprise Zone and 3 years zero Rates will apply to all eligible leases taken prior to April 2019 (see below). Depending on the status of the occupier, small units may be exempt under small business rates relief.

Enterprise Zone Business Rate Discount
Potential business rates relief of up to approximately £55,000 per year is available for any business which locates to Phoenix Enterprise Park before 1st April 2019. The relief can be awarded for up to 3 years.
Further details available on request.

Service Charge
There will be a service charge covering vehicle door maintenance, regular electricity checks, court yard and garden maintenance and estate management costs. This is estimated at 50p per sq ft, but will be confirmed in due course.

Outgoings
The tenant will be responsible for the cost of all services, utilities and outgoings in connection with the property.

Rent Deposit
A deposit equivalent to three months' rent will be payable on completion.

Possession
Vacant possession of units currently available.

EPC
All the units have energy performance certificate rating of B

VAT
All rents and prices quoted net of VAT. The rents quoted will be subject to the addition of VAT at the standard rate. If the tenant is not VAT registered, a 20% discount will apply. This will end once the tenant registers for VAT.

Contact & Viewings (via sole agents)

Daniel de Niet BSc (Hons)
01473 316 636 & 07540 100 360
daniel.deniet@concertus.co.uk

Jonathan Oxley BSc (Hons)
01473 316 578 & 07545 421 785
jonathan.oxley@concertus.co.uk



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