The property comprises Showroom, Office and Warehousing accommodation extending to c.17,650 sq.ft on a self-contained site which extends to c. 0.70 acres. The building has been constructed of steel portal frame with insulated double skin metal clad panels and block/brick walls to c. 2.25m and a pitched metal clad roof with integrated double skin roof lights.
The office accommodation is finished to a good specification to include a combination of tiled / carpet floors, plastered & painted walls, suspended ceilings and fluorescent lighting.
The first floor showroom benefits from tiled flooring, plastered & painted walls, suspended ceilings and air conditioning.
The warehouse accommodation is finished with concrete floor and block walls to c. 2.25m with lighting provided by perspex roof lights and sodium units. Access to the warehousing is facilitated by 3 No. electrically operated roller shutter doors giving a 4.4m width and 4.7m height clearance. Eaves height in the unit is 5.5m rising to 7.0m at the centre pitch.
We have calculated the approximate Net Internal Areas to be as follows:
Ground Floor Warehouse 1,042.51 m2 (11,222 sq. ft.)
Warehouse Mezzanine 129.81 m2 (1,397 sq.ft.)
Offices 24.55 m2 (1,341 sq.ft.)
Staff / Kitchen / Store 23.87 m2 (257 sq.ft.)
First Floor Showroom 318.91 m2 (3,433 sq. ft.)
Total 1,639.65 m2 (17,650 sq. ft.)
We have consulted the LPS website and have established that the NAV for this property is £52,400. Estimated Rates Payable 2017/2018: £31,056 p.a.
We understand that the property has been elected for VAT and that VAT will be payable on the rent.
Term: New 10 year lease
Rent: £95,000 p.a.x.
Review: 5 yearly rent review
Repairs: Full repairing and insuring terms.
Riddell McKibbin Limited for themselves and for the Vendors or Lessors of the property whose agents they are give notice that; i) these particulars are given without responsibility of Riddell McKibbin Limited or the Vendors or Lessors as a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract; ii) Riddell McKibbin Limited cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and any prospective purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the accuracy of each of them; iii) no employee of Riddell McKibbin Limited has any authority to make or give any representation or warranty or enter into any contract whatsoever in relation to the property; iv) VAT may be payable on the purchase price and/or rent, all figures are quoted exclusive of VAT, intending purchasers or lessees must satisfy themselves as to the applicable VAT position, if necessary by taking appropriate professional advice; v) Riddell McKibbin Limited will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars.