TO LET UNITS UNITS 8 AND 9 KINGFISHER COURT HEMDALE BUSINESS PARK NUNEATON CV11 6GY
• Modern Industrial/Warehouse Industrial/Warehouse Unit To Let On Lease • Forming Part Of A Favoured Business Park Easily Accessed Off Nuneaton’s Eastern Relief Road (The A4254) • Unit Extends To 646.26 m² (6,956 (6,956 ft²) approx. • 6m (19 (19’ 19’8”) Eaves Height With Two Lift Up Doors Doors For Access • RENTAL - £35,000 £35,000 Per Annum Exclusive (Plus VAT) – Available April 2017
LOCATION The subject property forms part of the Kingfisher Court development on the fringe of the favoured Hemdale Business Park which is situated on the eastern outskirts of Nuneaton. Local occupiers include Sigma, PFW, Digraph and Bito Storage Systems. The Business Park is easily accessed off Nuneaton’s Eastern Relief Road (the A4254 Eastboro Way) which provides connections through to the A47 Hinckley Road and A5 trunk road to the north of Nuneaton and also to the A444 to the south. The A444 in turn provides a direct dual carriageway connection with Junction 3 of the M6 Motorway which is approximately five miles distant. The Nuneaton Town Centre itself is approximately one and a quarter miles distant. DESCRIPTION The property comprises an excellent modern industrial/warehouse unit with a 6m (19’8”) eaves height having lift up doors for access and allocated parking. Currently the building is used for indoor cricket training with the leisure uses restricted to that specific use. In addition, the landlords in this case would be in a position to provide new office accommodation to suit the specific requirements of any new tenant (on terms to be agreed).
Vacant possession is available from April 2017. SERVICE CHARGE CHARGE In addition, to the rent a service charge will be payable in contribution towards the estate management costs equating to 16.14% in respect of Kingfisher Court itself and 7.61% in respect of the wider estate. COSTS The ingoing tenant is to be responsible for the existing tenants legal costs incurred in connection with this transaction together with the landlords legal costs incurred in connection with any existing lease assignment or alternatively in respect of any new lease. VAT All prices and rents mentioned in these details and any subsequent correspondence are exclusive of VAT if applicable. Please note that at the time of preparation of these details (October 2016) the Landlord had elected to charge VAT on the rent. FIXTURES AND FITTINGS FITTINGS
ACCOMMODATION
All items usually classed as tenant’s fixtures and fittings and not mentioned in these details are excluded from the letting.
The premises are currently arranged as follows:-
LOCAL AUTHORITY
Industrial/Warehouse Industrial/Warehouse 646.26 m² (6,956 ft²) Incorporating entrance vestibule and two sets of w.c. facilities with lift up doors for access at both gable ends of the building.
Nuneaton and Bedworth Borough Council Town Hall Coton Road NUNEATON CV11 5AA Tel: 024 7637 6376
All areas are approximate and have been measured on a gross internal basis. SERVICES Mains water, drainage and electricity (both single and three phase) are understood to be connected to the premises, subject to the usual connection charges by the Utility Companies.
RATES We are informally advised by the Local Authority that the current assessment is:Rateable Value: £33,750
No tests have been applied.
Prospective occupiers are recommended to make their own enquiries with the Local Authority for verification.
LEASE
VIEWING
The premises are available either by way of assignment of the existing lease which expires on the 3rd January 2020 or alternatively by way of a new tenant’s full repairing and insuring lease for a term of six years with a three year rent review.
Courtesy of the existing tenants and by arrangement with:-
The rental will be £35,000 per annum plus VAT.
LOVEITTS COMMERCIAL Telephone: 024 7622 8111 E-mail:
[email protected] (Ref. JRP/AW)
Subject property for identification purposes only
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.