Unit 5 Spa Park, Spartan Close/Ashbourne Drive, CV34

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Key Points

Summary

High Quality Industrial/Distribution Unit

Description

-The building was constructed in 2020.
-BREEAM ‘Very Good’ rating
-Comprises a detached modern Industrial/Warehouse Building
-Constructed to Eaves Height of 10 meters
-Floor Loading 50kN per Sq M
-Power Available 11MVA
-Secure Yard 40 Metre depth.

Location

The property is located on Spa Park, a recently constructed Industrial /Distribution Park close to the A46 and Junctions 14 and 15 of the M40 Motorway.

Royal Leamington Spa Train Station is less than 1 mile from the property.

Coventry and Warwickshire has a long-established track record for high quality engineering and advanced manufacturing as well as well developed supply chains and expertise in automotive, aerospace and energy generation technology.

Viewings

Strictly by prior appointment only with the sole letting agents.

Wareing and Company

Bill Wareing FRICS
01926 430700 • 07715 001018
bill.wareing@wareingandcompany.co.uk

Jonathan M Blood MRICS
01926 430700 • 07736 809963
jonathan.blood@wareingandcompany.co.uk

Terms

The premises are available on an assignment of a 10 year lease from 18th June 2020. The passing rent is £323,208 per annum (less than £8 psf) which will increase on an RPI calculation as at June 2025 to a figure in the order of £380,000 per annum (£9 psf). This is less than current market rental values of open market lettings in the area.

Consideration will be given to a sublease of the premises for a period of time up until the expiry of the occupational lease.

Availability_text

The accommodation comprises the following areas: