toletonanewlease unit 8 teal business centre, dodwells

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Unit 8 Teal Business Centre, Dodwells Road, Hinckley, LE10 3BZ

TO LET ON A NEW LEASE UNIT 8 TEAL BUSINESS CENTRE, DODWELLS ROAD, HINCKLEY, LEICESTERSHIRE, LE10 3BZ

 Modern Detached Light Industrial/Warehouse Unit  Accommodation 382.31m² (4,115ft²) Gross Internal Area, Plus Mezzanine Offices/Stores Of 44.42m² (478ft²) Approx.  Excellent Road Communications Adjoining The A5 And Close To M69 Motorway  Secure Compound With Ample Parking  Rental £24,850 Per Annum Plus VAT

Unit 8 Teal Business Centre, Dodwells Road, Hinckley, LE10 3BZ

LOCATION

LEASE

The property forms part of a modern development of industrial/warehouse units on the eastern side of Dodwells Road, close to the entrance to Dodwells Bridge Industrial Estate and within a few hundred metres of the junction of the A5 and A47. This is Hinckley’s premier industrial estate and is particularly convenient for access to the Midland Motorway Network, specifically via Junction 1 of the M69 Motorway which is approximately two miles distant.

The property is to be let on a new full repairing and insuring lease* for a term of years to be agreed but a minimum six year term is suggested with a rent review at the end of the third year of the term.

DESCRIPTION The premises comprise a modern detached industrial/warehouse unit built of steel portal framed construction, clad externally with brick/blockwork and lined profile steel sheeting. The roof is also covered in lined steel sheeting with roof lights. The minimum height to eaves is about 4.27m (14’). There is a roller shutter door plus a personnel door to the rear elevation and a concrete floor throughout. The unit comprises workshop/warehouse space with male and female wc facilities together with kitchen and mezzanine offices/stores.

* The current lease ends on 28 July 2018 – earlier occupation may be available subject to agreement between parties. Please note that the current tenants, trading as TKT Cheerleading, are relocating to new premises and their business remains unaffected. INITIAL RENT £24,850 plus VAT per annum (exclusive of Business rates and other outgoings) payable quarterly in advance. SERVICE CHARGE A quarterly service charge will be levied to cover an apportioned cost of the maintenance of the landscaped areas, service roads and management costs, etc. COSTS

The property also has the benefit of a secure palisade fenced compound with ample parking.

Incoming tenant to pay all reasonable legal costs in respect of the transaction, including Stamp Duty and VAT, if applicable.

SUMMARY OF FLOOR AREAS

VAT

Ground Floor Mezzanine

M² 382.31 44.42

Ft² 4,115 478

Total GIA

426.73

4,593

All measurements are approximate and on a Gross Internal Area (GIA) basis. SERVICES Mains water, drainage and electricity (including 3 phase electricity) are understood to be connected to the premises. No tests have been applied.

All prices and rents mentioned in these details and any subsequent correspondence are exclusive of VAT if applicable. At the time of preparation of these details (February 2018) the landlord had elected to charge VAT on the rent, etc. FIXTURES AND FITTINGS All items usually classed as tenant’s fixtures and fittings and not mentioned in these details are excluded from the letting.

Unit 8 Teal Business Centre, Dodwells Road, Hinckley, LE10 3BZ

LOCAL AUTHORITY Hinckley and Bosworth Borough Council Hinckley Hub Rugby Road Hinckley LE10 0FR Tel: 01455 238141 RATES We are informally advised by the Local Authority that the current assessment is:Rateable Value (2017 list):

£21,000

Please note that this is not the rates payable and prospective occupiers are advised to make their own enquiries with the Local Authority for verification of the Rateable Value and confirmation of the amount of rates payable. VIEWING By arrangement with:LOVEITTS COMMERCIAL Telephone: 024 7622 8111 E-mail: [email protected] (Ref. SRE)

Unit 8 Teal Business Centre, Dodwells Road, Hinckley, LE10 3BZ

Subject property for identification purposes only

Unit 8 Teal Business Centre, Dodwells Road, Hinckley, LE10 3BZ Conditions under which particulars are issued: Messrs Loveitts for themselves and for vendors or lessors of this property, whose agent they are, give notice that: i)

The particulars are set out as a general outline only for the guidance of intended purchasers or lessees and do not constitute, or constitute part of, an offer or contract.

ii)

All descriptions, dimensions, reference to conditions and necessary permissions for use and occupation, and other details, are given in good faith and are believed to be correct and any intended purchasers or lessees should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of them.

iii)

No partner or any person in the employment of Loveitts has any authority to make or give any representation or warranty whatever in relation to this property.

iv)

All prices and rents quoted are exclusive of V.A.T. unless otherwise stated.