industrial to let - Realla

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INDUSTRIAL TO LET (By way of assignment) Soham

01284 702655

117 Mereside, Soham, Cambridgeshire, CB7 5EG Rent passing: £40,000 per annum excl 

Factory premises



Two roller shutter doors



Secure yard



4.69m eaves height



Single storey offices



Size 1,215.5m2 (13,083ft2) GIA

Voted by the Estates Gazette ‘Most Active Regional Agent in Cambridgeshire 2012, 2013, 2014, 2015’

Bury St Edmunds



Cambridge



Huntingdon



Peterborough

Planning Authority.

LOCATION

BUSINESS RATES

The property is located on Mereside in Soham. Soham is an expanding town located just off the A142, 6 miles from Ely to the North East and Newmarket to the South. The town benefits from good amenities and a broad mix of commercial and residential occupiers. Mereside itself backs on to a railway line, and has a mix of commercial uses and residential uses neighbouring the property.

We understand from internet enquiries made from the VOA website that the property has a rateable value of £30,500 (2010 List). For the year commencing 1 April 2016 rates will normally be charged at 49.7p in the pound over £18,000 RV and 48.4p under £18,000 RV. However the amount may be affected by transitional adjustments or small business rates relief and could be higher or lower - interested parties are advised to check with the local Council.

DESCRIPTION The property is of steel portal framed construction under a pitched asbestos sheet roof, with full height brick internal walls to the main production area, and single skin cladding to the rear. To the front of the property is a single storey flat roofed office block comprising cellular office space, stores, kitchen, WC’s and reception lobby. To the rear of the property is a secure surfaced yard with loading access to the building from roller shutter doors to the side and rear. The property benefits sodium and fluorescent lighting, 3 phase electricity supply and a gas fired warm air blower.

LEASE TERMS The property is held on a lease dated 29th February 2009, outside of the security of tenure provisions of the Landlord and Tenant Act 1954, for a term of 10 years. The next rent review is due in March 2017. The landlord has the option to terminate the lease at any point having given 12 months notice.

RENT / PRICE The current passing rent is £40,000 per annum, exclusive of VAT, service charge, insurance and all other outgoings. We understand that VAT will be charged on the rent.

FLOOR AREAS Offices:

187.4 sq m

(2,017 sq ft)

Production area:

681.7 sq m

(7,338 sq ft)

Warehouse:

171.9 sq m

(1,850 sq ft)

LEGAL COSTS

Rear Store:

174.5 sq m

(1,878 sq ft)

Each party to bear their own legal costs.

Total GIA:

VIEWING

1,215 sq m (13,083 sq ft)

All measurements above are approximate.

Strictly by appointment with the sole agents:-

SERVICES

Barker Storey Matthews Davies House, 4 Hillside Business Park, Kempson

Mains electricity and water are available to the premises. Interested parties are however advised to make their own enquiries of the relevant service providers. No warranty can be given in respect of the condition or working order of services, fixtures and fittings.

Way, Bury St Edmunds, Suffolk, IP32 7EA

Simon Burton

Contact: [email protected]

Steven Mudd

[email protected]

(01284) 702655

PLANNING Interested parties should satisfy themselves as to the suitability of the current planning consent for their proposed use of the premises by contacting the Local

Ref: 4569/160401

Note: Barker Storey Matthews is the trading name of BSMH Ltd. Reg No. 2566342. These particulars do not constitute or form any part of an offer or contract nor may they be regarded as representations. All interested parties must themselves verify their accuracy. All measurements are approximate. Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax. NIA Refers to Net Internal Area. Where appropriate or stated IPMS 3 relates to the International Property Measurement Standards 1st Edition. A definition can be found at: www.ipmsc.org/standards/office

Bury St Edmunds



Cambridge



Huntingdon



Peterborough

ORDNANCE SURVEY PLAN THIS PLAN IS REPRODUCED FROM THE ORDNANCE SURVEY MAP WITH THE PERMISSION OF THE CONTROLLER OF HER MAJESTY’S STATIONERY OFFICE, © CROWN COPYRIGHT RESERVED. THIS PLAN IS PUBLISHED FOR IDENTIFICATION PURPOSES ONLY AND ALTHOUGH BELIEVED TO BE CORRECT, ITS ACCURACY IS NOT GUARANTEED AND IT DOES NOT FORM PART OF ANY CONTRACT. LICENCE NO. 100003928