Commercial property to rent

Extensive mixed commercial premises located close to the town centre offering first and second floor offices, warehouse, production and storage facilities extending to approximately 14,500 sqft and forming part of a larger property, which may also be available subject to availability and negotiation. Available to let by way of a sub lease for a preferred minimum 3 year term with further terms negotiable. Alternatively a short term let may be considered.

DRAFT DETAILS    PLEASE NOTE THESE ARE DRAFT PARTICULARS AWAITING FINAL APPROVAL FROM THE VENDOR, THEREFORE THE CONTENTS HEREIN MAY BE SUBJECT TO CHANGE AND MUST NOT BE RELIED UPON AS AN ENTIRELY ACCURATE DESCRIPTION OF THE PROPERTY.

ACCOMMODATION    Comprises entrance door to:

RECEPTION HALL (ROOM 113)    With toilet facilities off

MAIN RECEPTION OFFICE (109) 15'1" x 13'1" (4.6m x 3.99m). (198sqft / 18.4sqm)

OFFICE/CONFERENCE RM (110) 13'1" x 12'6" (3.99m x 3.8m). (164sqft / 15.2sqm)

OFFICE (ROOM 111) 14'5" x 15'1" (4.4m x 4.6m). (198sqft / 18.4sqm)

OFFICE / DRAWING ROOM (108) 40'8" x 23'7" (12.4m x 7.19m). (960sqft / 89.28sqm)

N.B.    Please note that Rooms 98, 104, 105, 106 and 107 all now form one larger room with internal partitioning removed, comprising in total 5,283sqft / 491sqm and forming the main engineering shop / warehouse. Rooms located off this include gents toilet facilities (Room 99)

OFFICE (ROOM 100) 10'6" x 6'7" (3.2m x 2m). (69sqft / 6.4sqm)

WELDING SHOP/STORE (RM 101) 26'3" x 11'10" (8m x 3.6m). (310sqft / 28.8sqm)

STORAGE RMS (RMS 102&103)    (460sqft / 42.76sqm)

ENGINEERING SHOP (ROOM 88) 85'4" x 33'6" (26m x 10.2m). (3047sqft / 283.2sqm) being of irregular shape and

WORKSHOP OFF (ROOM 84) 24'11" x 17'1" (7.6m x 5.2m). (425sqft / 39.52sqm) with roller shutter door to the front elevation

ENGINEERING STORES(85 & 86) 17'1" x 42' (5.2m x 12.8m). (717sqft / 66.56sqm) a rear door leads from the engineering shop through to a covered yard area (89) with equipment room off (87). An internal passageway leads through to the central North Street dividing the main premises.

RENT    £18,000pax

LEASE TERMS    The property is available to let by way of a sub-letting of the existing lease for a preferred minimum term of 3 years. Further terms are potentially available, subject to separate negotiation.

VAT    The head tenant / landlord reserve the right to charge VAT on the rent passing at the prevailing rate.

LEGAL FEES    In the usual manner the ingoing tenant will be responsible for all legal fees incurred in this transaction.

RATEABLE VALUE    The premises currently form part of a larger site which is assessed as a whole by the local authority. The Valuation Office has provided a breakdown of the premises and we are advised by our client that the rates will be collected by them on an apportioned basis.

LOCAL AUTHORITY    Boston Borough Council
Municipal Buildings
West St
Boston
Lincolnshire
PE21 8QR
Tel: 01205 314200


MONEY LAUNDERING REGULATION    The Money Laundering Regulations 2003 has been extended to include estate agency work with the definition of relevant business. Estate agency is as defined in the Estate Agents Act 1979. Auctioneers and estate agents will have to put certain anti-money laundering procedures into place. Failure to do so will be a criminal offence that carries a penalty of a maximum of two years imprisonment, or a fine or both.
You will be required to provide proof of identity and address before any transaction will proceed.

REFERENCES    As a matter of company policy the ingoing tenant may be requested to provide bank and / or credit references, together with any existing landlord / trade references.

AGENTS NOTE    Further adjoining accommodation may be available or alternatively the head tenant may consider sub-letting of part of any of the accommodation that is offered. Prospective tenants are advised to speak with the sole letting agent to confirm their precise requirements.