TO LET K1 Welland Business Park, Valley Way, Rockingham Road, Market Harborough, Leicestershire, LE16 7PS
Modern Business Trade Counter Unit in Affluent Market Town 5,508 sq.ft. (511.8 sqm) Adjacent to City Plumbing Supplies and close to Howdens, HSS Hire, Plumb Centre, Large secure walled and gated yard to side. Heating and lighting throughout. Electric roller shutter loading door.
NEW LEASE £32,500 per annum plus VAT
K1 Welland Business Park, Valley Way, Rockingham Road, Market Harborough, Leicestershire, LE16 7PS
LOCATION PLAN
ACCOMMODATION The accommodation comprises the following:Warehouse: 3,134 sq.ft. (291.19 sqm) Ground floor office/ancillary: 1,188 sq.ft. (110.41 sqm) First floor office/ancillary: 1,186 sq.ft. (110.20 sqm) TOTAL: 5,508 sq.ft. (511.8 sqm)
TENURE The property is available on a new full repairing and insuring lease for a term to be negotiated at a rental of £32,500 per annum plus VAT. In addition to the rent there is a variable service charge, Estate Management fee and sinking fund. The charges for which are:Service charge: 0.15p per sq.ft. Sinking Fund: 0.05p per sq.ft. Estate Management Fee: 5% of the annual rent.
LOCATION
VAT
Market Harborough sits on the Northamptonshire-Leicestershire border with Leicester being approx 15 miles to the North via the A6 and Northampton approx. 17 miles to the South via the A508.
It should be noted that all figures quoted are exclusive of VAT which he landlords may have a wish or a duty to impose.
Welland Business Park is located approximately 1 mile to the East of the Town Centre on the Rockingham Road A4304 The town offers excellent access to the motorway network with J3 of the A14 being approximately 5 miles to the South. The A14 in turn gives direct access to the M1/M6 interchange to the East and M11 to the West.
We understand from the Valuation Office website that the property has a rateable value of £27,000. The standard business st st rate multiplier for the financial year 1 April 2016 - 31 March 2017 is 0.497p in the £ which would give rates payable of £13,419. Any prospective occupier should make their own enquiries direct to Harborough District Council on 01858 828282.
Market Harborough is an affluent market town with a growing population of approx. 23,000 Other Trade Counter operators on the business park include HSS Hire, City Plumbing Supplies, Howden’s Joinery, Wades Glass and Glazing, and BED Electrical.
DESCRIPTION The property comprises a modern business unit of steel portal frame construction with insulated cladding to the roof and walls with brick and block to the first floor level. The warehouse area benefits from heating and lighting throughout, loading is via an electric roller shutter door, three phase electrics are connected and the eaves height is approximately 6.2m.
BUSINESS RATES
LEGAL COSTS Each party to bear their own in respect of the drawing up of the lease. The tenants will be required to provide an undertaking via their solicitors to cover the landlords reasonable abortive legal costs should they withdraw from the transaction once papers have been issued. If a Licence for Alterations is required the tenants will be responsible for the cost of the Licence and its approval.
EPC The property has an EPC rating of E 106
VIEWING Strictly via the agents:
There are two storey offices to the front elevation. The offices benefit from suspended ceilings, fluorescent strip lighting, gas fired radiators, carpets and laminate flooring. There are two wc’s on the ground floor with a further wc at first floor. To the side of the property is a secure walled and gated large yard.
Amanda Lawrence:
[email protected]