Commercial Property - Industrial - Warehousing - LIGHT INDUSTRIAL/WAREHOUSE
The property is situated on Lyveden Road on the Brackmills Industrial Estate, Northamptonshire’s premier industrial area located adjacent to the A45 dual carriageway. M1 Junction 15 is 3 miles away and the A14 (A1/M1) link road via the A45, A43 & A508 is approximately 14 miles away, providing access to Felixstowe.
The estates desirable location is confirmed by being chosen by many major international companies such as Black & Decker, Panasonic, Decathlon, Barclaycard and Wickes.
By rail London Euston and Birmingham are easily accessible within an hour, as are the international airport at Luton, Birmingham and East Midlands. The local airport at Sywell, east of the town offers facilities for business and freight
The unit comprises a modern semi-detached business unit within a fenced, self-contained site. It provides modern factory/warehousing space together with offices on two floors
The unit is of steel portal frame construction underneath a dual pitched sheet metal roof with natural light panels. Two floors of ancillary office and staff accommodation are provided at the front elevation. The unit also benefits from an electric roller shutter door measuring 3.6m Wide x 4.5m High.
0.3 acres of yard/car parking spaces are provided to the front of the unit, there are currently 28 car parking bays marked with a security barrier over the entrance.
| GIA (inc 2 storey offices and W.C's | 1,188 sq m | 12,789 sq ft |
| Rateable Value: | £39,000 |
| Rates Payable 2017/18: | £18.720 |
(Excludes Small Business Rates Relief which may apply)
The Rates Payable figure is an estimate. It does not take into account any Transitional Arrangements. It is important that interested parties verify this information with the relevant Borough Council Rating Department.
The property is available to let by means of assignment of the current lease. The current rent passing is £49,500 per annum exclusive and is subject to rent reviews within the term. The next rent review is due 16th September 2019. There is a tenant only option to determine the lease 16th September 2024. (Details of the lease can be provided on a strictly confidential basis upon request).
All figures quoted are exclusive of any VAT that the landlord may have a duty or choose to impose.
Each party shall bear their own legal costs involved in the transaction.
Strictly by appointment through the Sole Agents: HADLAND CHARTERED SURVEYORS TEL: 01604 639657
