- Modern single storey unit on Northampton's Premier Industrial Estate.
- Loading Door 10'6" high x 11'9" wide.
- Fully fitted with gas-fired blowers, 3-phase power and fluorescent strip lighting.
- Incorporates 490 sq. ft fitted office and Canteen area.
- 10 Car Parking Spaces.
THE PREMISES ARE AVAILABLE TO LEASE ON TERMS TO BE NEGOTIATED.
LOCATION
The unit is located on Osyth Close, which is just off Salthouse Road on the Brackmills Industrial Estate, Northampton. Brackmills is considered to be one of Northampton's premier employment areas, located approximately 2 miles to the southeast of the Town Centre, adjacent to the A45 Nene Valley Way dual carriageway, which provides good access to Junctions 15, 15A and 16 of the M1 Motorway.
DESCRIPTION
The unit comprises a mid-terraced industrial unit of steel portal frame construction with cavity blockwork to a height of approximately 2 metres surmounted by profile steel cladding. The roof is pitched and is of insulated profiled panels incorporating translucent roof lights.
ACCOMMODATION
The property comprises the following gross internal areas. |
| Warehouse (including Male & Female wc's): |
412.1 sq. m |
(4,436 sq. ft) |
| Offices: |
45.5 sq. m |
(490 sq. ft). |
| Gross Internal Floor Area: |
457.6-sq. m |
(4926 sq. ft ) |
| Internal Dimensions - Depth: |
32.18 m |
(105'6") |
| Internal Width: |
14.22 m |
(46'6") |
SERVICES
All Mains Services are connected.
RATES
We are informed by Northampton Borough Council that the property has the following rating assessment:
| Rateable Value : |
£ 20,750.00 |
| Rates Payable 2005/2006: |
£ 8,756.50 |
It is recommended that interested parties verify this information with Northampton Borough Council Rating Department on (01933) 231691.
TERMS
Our clients hold a 25-year lease from the 1st August 1990. The lease therefore expires 31st July 2015 and is subject to 5 year upward only rent reviews. The present rental is £21,000 per annum, exclusive, plus service charge and is based upon a full repairing and insuring obligation on the tenant.
Our clients are prepared to consider an assignment of the lease with incentives or shorter-term commitments by way of a sub-lease at a rent of £23,000 per annum exclusive.
LEGAL COSTS
The ingoing tenant will be responsible for all legal costs involved in the transaction.
VAT
The rental quoted excludes any VAT which the landlord may have a duty or choose to impose.
VIEWING: Strictly by appointment through the Joint Agents: HADLAND CHARTERED SURVEYORS 01604 639657, LAMBERT SMITH HAMPTON TEL: 01604 233123.
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