- STRATEGIC CENTRAL LOCATION JUST OFF A1-M1 LINK
- HIGH BAY WAREHOUSING – UP TO 8.53 METRES/28 FEET EAVES HEIGHT
- SUBSTANTIAL CONCRETE YARD AREA AND SEPARATE CAR PARKING
- HIGH QUALITY AIR CONDITIONED OFFICES
- OF INTEREST TO OCCUPIERS REQUIRING FROM 20,000 SQ FT UPWARDS
RENTS FROM £3.95 PER SQUARE FOOT
LOCATION
The premises occupy a large prominent site, extending to approximately 11 acres/4.45 hectares, fronting the A6 trunk road with direct access to the A45 dual carriageway and fast road links to the M1 Motorway (Junction 15) and A14 trunk road. The site is immediately adjacent to Rushden and Diamonds Football Stadium complex. The vicinity has become a recognized regional and national distribution location chosen by occupiers including Ikea, Belkin Morrisons and Exel.
DESCRIPTION
The property provides modern high quality production / warehousing within two main buildings served by a central yard offering expansion potential.
ACCOMMODATION
| Warehouse A (inc front offices) |
= |
31,388 sq ft |
(2,916 sq.m) |
| Covered Link |
= |
1,259 sq ft |
(117 sq.m) |
| Warehouse B |
= |
24,025 sq ft |
(2,232 sq.m) |
Ground Floor Production and Offices / Warehouse C
|
= |
67,929 sq ft |
(6,311 sq.m) |
| First Floor Offices: |
= |
15,594 sq ft |
(1,449 sq.m) |
| Ground Floor office/lab extension |
= |
4,263 sq ft |
(396 sq.m) |
| First Floor office/lab extension |
= |
4,263 sq ft |
(396 sq.m) |
| TOTAL APPROX (GIA) |
= |
148,721 sq ft |
(13,816 sq.m ) |
(N.B. – Included within the GIA are two tenanted sections : - 5,980 sq ft of the front ground floor offices within warehouse C are let to David Headland Associates and 2850 sq ft of the front offices within warehouse A are let to East Northants Cultural Trust).This generates a present income of approx. £46,000 per annum.
TERMS
The premises are available on a new full repairing and insuring lease for a term to be agreed at an initial rent of £600,000 per annum exclusive (£3.95 per sq ft after allowing for the sub- tenant income).
Consideration will be given to sub-division of either office or production/warehouse areas.
RATING
We are advised that the current Rateable Value of the property is £620,000.
The rates payable for the year 2006/2007 are £268,460.
We would advise any interested parties to undertake their own investigations in respect of the Rating Assessment, and they should contact East Northamptonshire District Council on 01832 742000.
SERVICES
We have been informed that all mains services are connected to the property, including 3-phase power and gas. Interested parties should make their own enquiries with the relevant utility providers regarding the suitability of these supplies for their own purposes.
PLANNING
The premises have the benefit of existing planning consents for their use as a manufacturing and warehousing facility, with associated offices, falling within Classes BI, B2 and B8 of the current Use Classes Order. Prospective tenants/purchasers should satisfy themselves with regards to their proposed use by contacting East Northamptonshire District Council on 01832 742000.
VAT
All figures quoted are exclusive of VAT, and the prospective tenant/purchaser will be responsible for the payment of any VAT that the landlord/vendor chooses or has a duty to impose.
LEGAL COSTS
In the event of a leasehold transaction the ingoing tenant will be responsible for both party’s reasonable legal costs incurred in the transaction. In the event of a freehold sale each party will bear their own costs.
VIEWING: Strictly by appointment through the joint agents: Hadland Chartered Surveyors Tel 01604 639657 (Peter Castle pjc@hadlands.co.uk) Underwoods Tel 01933 231070 (Simon Toseland st@underwoods.co.uk)
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