1 cronin rd | corby | nn18 8aq

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1 CRONIN RD | CORBY | NN18 8AQ

• A STAND ALONE DETACHED UNIT • 31,635 SQ FT (2,938M²) OVER TWO FLOORS • PORTAL FRAME – READILY ADAPTABLE • DUAL CARRIAGEWAY ACCESS TO KETTERING & THE A14 (J7) • EXPANSION LAND AVAILABLE

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TO LET

£98,000 per annum excl. VAT (£3.10 per sq ft)

FOR SALE

£1.4m excl. VAT (£44.25 psf) NEXT PAGE

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1 CRONIN RD | CORBY | NN18 8AQ

TO ENLARGE

A43 C ORB Y RD

A47

A47

OAD NR Land LDO ansion WE ial Exp Potent

A427

A43

R ONIN OAD CR

OAKHAM

1 CRONIN RD

CORBY

A6

MARKET HARBOROUGH

A43 NK ROA D N

RB Y

A6

21/3

LI

CO

A605

LEICESTER

21A

3

EW

7

20 MILES

KETTERING

MARKET HARBOROUGH

20

M6

1

19

RUGBY

18

A45 A445 A423

9

M45

A508

17

A43

A14

A14

10

A14

CORBY

A427 A6

A508

2

A46

A1260

17

M1

COVENTRY

PETERBOROUGH

A6

A5

3

A444

A45

A5

NORTHAMPTON

A14

A428

15A

15

A45

A1

A45 A6

A509

A428 A421

A43

BEDFORD A508

LOCATION

DESCRIPTION

Located on the eastern side of Corby Cronin Road junctions onto Bangrave Road south (A43 trunk road) which affords dual-carriageway access through to Kettering and the A14 (junc 7). On turning into Cronin Road off the A43 ,the access road to the property is the first turning on the right. The private roadway swings past the ‘Tile Choice’ unit into the selfcontained site.

Situated on a site of 0.9 acres approx. The property comprises a detached portal framed building with first floor cover (constructed at the time the building was constructed) covering the entire foot print. Externally there is surfaced car parking running along the entire length of the north elevation of the property (36 car spaces) and a concrete surfaced yard area to the east elevation of the property.

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A14 14

A14 25 MILES

WELLINGBOROUGH A46

16

A423

M1 A5

A422

A1(M)

A1(M) M11

A509

A43

13

12

A605

A6116

7 KETTERING

M1 DAVENTRY A45

MILTON KEYNES

A43

A421

A6 A1

14 13

Loading to the property is via two standard level access loading doors to the ground floor and a further access door at first floor level capable of taking pallets delivered by way of an extendable forklift truck. Internally there are office, amenity, and workshop rooms running the entire length of the north elevation at both ground and first floor level together with additional partitioned work rooms running along the west elevation at first floor level. 10

A47

A15

A1

A47

A563

A43

M69

2

M6 & M1

A6116

A6003

A47

A444 A5

OUNDLE

PETERBOROUGH & A1 NORTHBOUND

A6014

A508

A14

A427

A6003

A427

PETERBOROUGH & A1 NORTHBOUND

A43

A6003

LEICESTER

A47

STAMFORD

A4146

A6

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10

9

A1(M)

1 CRONIN RD | CORBY | NN18 8AQ EPC The property has an EPC rating of D93.

EXPANSION LAND There is the opportunity to purchase 0.3 acres (0.12 ha) of expansion land which runs along the northern boundary of the site. The land is in third party ownership and is outlined in blue on the OS plan.

AVAILABLE TO LEASE OR FOR SALE The property is currently occupied but possession can be provided within two months of terms being agreed with an occupier and solicitors instructed.

Lease: The premises are available at a rent of £98,000 pa excl. of VAT on the basis of a tenant taking a minimum lease of six years (without break). The lease to be on a standard full repairing and insuring basis.

ACCOMMODATION

PLANNING

The property provides the following approximate gross internal floor areas:

The property has a B2 general industrial planning consent given its location on an established employment estate we would envisage no issues with regard to changing the use to either B1 office or B8 warehouse distribution. Interested parties should make their own enquiries with the local planning authority, Corby Borough Council 01536 464000.

Ground Floor (offices and production)

First Floor (offices and production)

TOTAL AREA

sq ft

sq m

Clear Height

15,436

1,434

3.08m

16,189

1,504

2.9m (average)

31,625

2,938

Expansion Land: there is the opportunity to acquire an additional 0.3 acres of land which runs along the northern boundary of the site which is owned by a third party.

SERVICES The property is connected to all mains services and has a three phase electricity supply. The two floors are connected by a goods lift. Budworth Hardcastle have not tested any of the available services and interested parties are advised to make their own enquiries.

Freehold: The freehold is available at £1,400,000 exclusive of VAT.

VIEWING Strictly by appointment via the agents:

Philip Arnold / Amanda Lawrence

BUSINESS RATES The property is shown on the 2017 rating revaluation list as having an RV of £69,500. The rates payable for the year 2017/18 would therefore be £33,360 assuming no relief or premium. Any prospective occupier should contact Corby Borough Council on 01536 464000 to check details.

[email protected] [email protected]

DISCLAIMER: Budworth Hardcastle (BH) 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 BH 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) BH cannot guarantee the accuracy of any description, dimension, 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 BH has any authority to make or give any representation 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 exclusive of VAT, intending purchasers or lessees must satisfy themselves as to the applicable VAT position, if necessary by taking appropriate professional advice; (v) BH will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars. 11.17. © 2017

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