To rent: £381,525.00|57,707 Sq Ft|Distribution Warehouse, General Industrial, General Industrial, Industrial Park, Light Industrial, Trade Counter, Retail Park, Retail Park, Warehouse, Industrial, Retail
TYPEDistribution Warehouse, General Industrial, General Industrial, Industrial Park, Light Industrial, Trade Counter, Retail Park, Retail Park, Warehouse, Industrial, Retail
TENURETo Let
POSTED ON14th December 2022
Description
57,707 sq ft hi-spec unit immediately available - Completed in 2018 the unit benefits from the following specification:
Steel portal frame construction Block walling at lower level with insulated steel profile cladding to eaves Insulated steel sheet roof inc.rooflights 50 kN/m² reinforced concrete floor throughout Access via 2 electric sectional doors from rear yard (7.38m height x 7.95m width) Singlesectionaldoor to front elevation (5m x 5m) 2No. 20T, 1 No. 1T & 1 5T travelling cranes 3 phase power supply, gas and water 1.5 MVA dedicated power supply LED lighting High quality offices, canteen and WC facilities Mezzanine storage Energy Rating: 24 A Secure service yard Dedicated parking
According to the Valuation Office Agency website, the property has as Rateable Value of £173,000 with a future Rateable Value (from April 2023) of £241,000.
The estimated business rates bill from 1 April 2023 is £115,358 though we advise interested parties to make their own enquiries as to whether any rates relief applies.
The premises are held by way of an existing lease expiring 22 April 2028. The current passing rent is £381,525 per annum.
The premises are available by way of an assignment or sublease of our client’s leasehold interest.
