REGENT HOUSE, QUEENSWAY COURT, ARKWRIGHT WAY, SCUNTHORPE, NORTH LINCOLNSHIRE, DN31 2TN
OFFICES FOR SALE/TO LET FROM 164.1 SQ M (1,766 SQ FT) TO 332.5 SQ M (3,578 SQ FT)
Chartered Surveyors & Commercial Property Consultants
LOCATION
Scunthorpe is the main commercial centre for North Lincolnshire which has an approximate population of 152,000 residents, although benefits from a much larger catchment area. The town is ideally situated with good road connections to the M181 and M180 motorways which in turn provide access to the national motorway network, Humberside International Airport and also the Humber Bridge thus giving access to the M62 and A63. Scunthorpe is predominantly an industrial town with British Steel (formerly Tata) steelworks providing the area’s main employment. Queensway Court is located approximately 3 miles South East of Scunthorpe town centre and approximately 3 miles from Junction 4 of the M180, which provides good road communications to the M18, M62 and Humber Bridge. Queensway Court forms part of the Queensway Industrial Estate, which comprises of a number of similar high tech office and industrial premises and benefits from a highly visible location, just off the A18 situated immediately opposite the Lakeside Retail Park.
DESCRIPTION
The accommodation comprises of a ground floor entrance area leading to a ground floor office suite which has been sub divided to provide two main general offices together with ladies and gents WC facilities and a kitchen. The first floor area is predominantly open plan, although there are a series of private offices which are capable of being removed, if required together with fully fitted kitchen and ladies and gents WC facilities. The accommodation also benefits from gas central heating to radiators, double glazing, suspended ceiling with fitted lighting, perimeter trunking and carpeting. Externally, the premises benefit from 9 designated car parking.
SUMMARY
Modern detached office premises of good specification with designated car parking Popular and accessible location to the east side of Scunthorpe benefitting from good road access to Junction 4 of the M180 Available to lease as a whole or on a single floor basis or to purchase
ACCOMMODATION
The property provides the following approximate accommodation which has been measured on a gross internal area basis in accordance with the RICS Code of Measuring Practice.
GROUND FLOOR Office Accommodation FIRST FLOOR Office Accommodation Ladies & Gents WC’s TOTAL ACCOMMODATION
Sq m
Sq ft
164.1
1,766
168.4 332.5
1,8136 3,578
The Owner/Tenant(s) will be responsible to contribute towards the Estate Service Charge levied in relation to future repair/maintenance and cleansing of the common parts of the estate.
BUSINESS RATES
The Owner/Tenant(s) will be responsible for the payment of rates. Verbal enquiries to the Local Authority, reveal that the property currently assessed as Offices and Premises with a 2017 rateable value of £21,250. Interested parties are advised to confirm the accuracy of the above figure by contacting the Local Authority directly and also to ascertain whether the property is subject to transitional relief or if the rateable value is under appeal.
TERMS
The property is available, To Let or For Sale, on the following terms and conditions, subject to formal lease.
TO LET RENT
The commencing rental on the whole will be £24,000 per annum exclusive of rates, VAT (if applicable) and all other outgoings payable quarterly in advance by banker’s order.
EPC
C68 A copy of the Certificate and Recommendation Report is available on request.
N.B. The premises are available to let on a floor by floor basis at a rent of £12,000 per annum exclusive.
REPAIRS AND INSURANCE
The Tenant will be responsible for all repairs and decorations to the demised premises together with the reimbursement of the annual property insurance premium as a whole. If the premises are leased on a floor by floor basis then the Tenant will be responsible for internal repairs and decorations to the demised premises, however the lease will be subject to an overriding service charge provision which will ultimately allow the Landlord to recover the cost of the repairs to the common and external parts of the building.
FOR SALE PRICE
£125,000, subject to contract.
TENURE
The premises are held by way of a 125 year ground lease (less 3 days) from 1st January 1990 and subject to a current rent of £5,795 per annum which is subject to 5 yearly rent reviews.
PROPERTY MISREPRESENTATION, MISDESCRIPTION & FINANCIAL SERVICES ACTS PPH Commercial Limited for themselves and for their clients of this property, give notice that: (i) these particulars are a general outline only and do not constitute the whole or any part of an offer or contract; (ii) PPH Commercial Limited cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use or other details contained herein. Prospective purchasers or tenants must satisfy themselves as to their accuracy; (iii) no employee of PPH Commercial Limited has any authority to make or give any representation or warranty or enter into any contract in relation to the property; (iv) rents or prices quoted in these particulars may be subject to VAT in addition.
CONTACTS Duncan Willey 01724 294946 07710 344602
[email protected] Sam Fallowfield 01724 294942 07340 518003
[email protected] Date: November 2017 File Ref: 11573SO/1 Europarc, Innovation Way Grimsby North East Lincolnshire, DN37 9TT 01472 267513 pph-commercial.co.uk