Unit 3, Coventry Road, Lutterworth
TO LET Innovation House/Unit 3, Coventry Road, Lutterworth, Leicestershire LE17 4JB
Industrial/Warehouse 14,611 SqFt (1,357.36 SqM) Detached unit high profile location off Coventry Road, Magna Park 6m Clear 6.8 m full eaves height Ground floor offices Open yard area plus parking for 30 cars
TO LET £90,000 per annum exclusive
LOCATION PLAN
TOWN AND COUNTRY PLANNING The property has been used for light production and warehousing purposes and any prospective parties are recommended to establish the validity of their proposed use by contacting the Market Harborough Borough Council Planning Department on 01858 828282
RATES The rateable value identified from the Valuation Office website is £56,000. The Standard Business Rate for the financial year 1st April 2018 - 31st March 2019 is for properties with a rateable value above £51,000 is 49.3p in the pound. This will give a rate payable assuming no transitional relief or premium of £27,608. Any prospective occupier should contact Harborough Borough Council on 01858 828282 to check details.
LOCATION The property is located on Coventry Road, Magna Park approximately just over 2 miles from Junction 20 of the M1 giving excellent access to the Countries surrounding motorway and network.
DESCRIPTION The property is a detached clear span portal frame building with insulated profile cladding to walls and roof with the roof incorporating double skin translucent roof lights. The front elevation has a large double height, double glazed powder coated aluminium framed panel with further glazing and higher level around the perimeter of the building giving excellent natural light characteristics to the building. Within the envelope of the unit there are ground floor offices and ancillary space including male/female Wc’s, kitchen area with stairs leading to a large mezzanine floor immediately above. Externally, there is car parking for approximately 30 cars with yard area giving access to loading door approximately 4m x 4.5m high. For further expansion potential for the yard.
ACCOMMODATION
LEGAL COSTS The proper and reasonable legal costs incurred in the preparation of the lease and counterpart is expected to be born by the ingoing tenant.
SERVICES We understand that single and three phase electricity and water are connected. Drainage is to a septic tank. Gas is not connected.
VAT All figures quoted are exclusive of VAT that is understood to be applicable.
EPC The EPC rating is E/101.
ANTI-MONEY LAUNDERING REGULATIONS In accordance with the Anti-Money Laundering Regulations, two forms of identification and confirmation of source of funding will be required from the successful party as part of the usual references required.
The approximate gross internal area is as follows:
VIEWING
Production/warehouse area Ground floor office/ancillary
Strictly by appointment via the Sole Agents:-
10,787 sq ft (1,002.09 sq m) 3,824 sq ft ( 355.21 sq m)
Total approximate ground floor 14,661 sq ft (1,357.30 sq m) First floor mezzanine 3,821 sq ft ( 354.94 sq m)
TERMS The property is available on a new standard full repairing and insuring lease with rent review pattern and length of term open to negotiation at a rent of £90,000 per annum exclusive payable quarterly in advance by Standing Order.
SERVICE CHARGE There is a service charge payable for the upkeep of common areas of £2,000 per annum with RPI indexation increases thereafter.
Gilbert Harvey - [email protected] Amanda Lawrence - [email protected]
Industrial/Warehouse 14,611 SqFt (1,357.36 SqM) Detached unit high profile location off Coventry Road, Magna Park 6m Clear 6.8 m full eaves height Ground floor offices Open yard area plus parking for 30 cars
TO LET £90,000 per annum exclusive
LOCATION PLAN
TOWN AND COUNTRY PLANNING The property has been used for light production and warehousing purposes and any prospective parties are recommended to establish the validity of their proposed use by contacting the Market Harborough Borough Council Planning Department on 01858 828282
RATES The rateable value identified from the Valuation Office website is £56,000. The Standard Business Rate for the financial year 1st April 2018 - 31st March 2019 is for properties with a rateable value above £51,000 is 49.3p in the pound. This will give a rate payable assuming no transitional relief or premium of £27,608. Any prospective occupier should contact Harborough Borough Council on 01858 828282 to check details.
LOCATION The property is located on Coventry Road, Magna Park approximately just over 2 miles from Junction 20 of the M1 giving excellent access to the Countries surrounding motorway and network.
DESCRIPTION The property is a detached clear span portal frame building with insulated profile cladding to walls and roof with the roof incorporating double skin translucent roof lights. The front elevation has a large double height, double glazed powder coated aluminium framed panel with further glazing and higher level around the perimeter of the building giving excellent natural light characteristics to the building. Within the envelope of the unit there are ground floor offices and ancillary space including male/female Wc’s, kitchen area with stairs leading to a large mezzanine floor immediately above. Externally, there is car parking for approximately 30 cars with yard area giving access to loading door approximately 4m x 4.5m high. For further expansion potential for the yard.
ACCOMMODATION
LEGAL COSTS The proper and reasonable legal costs incurred in the preparation of the lease and counterpart is expected to be born by the ingoing tenant.
SERVICES We understand that single and three phase electricity and water are connected. Drainage is to a septic tank. Gas is not connected.
VAT All figures quoted are exclusive of VAT that is understood to be applicable.
EPC The EPC rating is E/101.
ANTI-MONEY LAUNDERING REGULATIONS In accordance with the Anti-Money Laundering Regulations, two forms of identification and confirmation of source of funding will be required from the successful party as part of the usual references required.
The approximate gross internal area is as follows:
VIEWING
Production/warehouse area Ground floor office/ancillary
Strictly by appointment via the Sole Agents:-
10,787 sq ft (1,002.09 sq m) 3,824 sq ft ( 355.21 sq m)
Total approximate ground floor 14,661 sq ft (1,357.30 sq m) First floor mezzanine 3,821 sq ft ( 354.94 sq m)
TERMS The property is available on a new standard full repairing and insuring lease with rent review pattern and length of term open to negotiation at a rent of £90,000 per annum exclusive payable quarterly in advance by Standing Order.
SERVICE CHARGE There is a service charge payable for the upkeep of common areas of £2,000 per annum with RPI indexation increases thereafter.
Gilbert Harvey - [email protected] Amanda Lawrence - [email protected]
