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Light Industrial to rent

Unit 5, Orchard Park, Isaac Newton Way, Grantham NG31 9RT

£48,000 pa

Property Description

Letting information:

Furnishing: Not Specified

Full description

LOCATION
Orchard Park is situated off Isaac Newton Way in the heart of the Alma Park Industrial Estate which is located approximately 2 miles to the north east of the town centre and which offers easy access to both the town centre, the A607 and the A1.

Grantham is a large Lincolnshire town located approximately 110 miles north of London, 20 miles east of Nottingham and 25 miles south of Lincoln. The A1 runs adjacent to the town and rail services are available to London Kings Cross with a journey time of approximately 70 minutes.

DESCRIPTION
The three available adjacent warehouses at Orchard Park are all of steel portal framed construction and are believed to have been constructed in the 1980ís and refurbished circa 2005 benefit from profiled and insulated cladding to the majority of the external elevations as well as to the roof covering. All of the units benefit from 3-phase electricity as well as partitioned internal offices and disabled w.c. facilities.

The two larger warehouses benefit from a single dock-level loading doors as well as a separate floor level roller shutter door with the third smaller warehouse having a large palisade fenced and gated storage yard. The units being contiguous are suitable for single or multiple occupation to suit individual tenants requirements. Eaves heights range from 6.45 metres to 8.90 metres (21 feet 2 inches to 29 feet 3 inches) making them suitable for all types of warehouse operator and extensive car parking and HGV trailer parking areas are provided around Orchard Park. The loading doors within each property are electrically operated and each building benefits from a fire and burglar alarm system.

ACCOMMODATION
The following units are available. Areas are expressed in terms of Gross Internal Area:

Unit Sq Ft Sq M
5 15,974 1,484

Space requirements of up to 35,415 square feet (3,290 square metres) can be accommodated within the available contiguous units.

SERVICES
Each of the available warehouses benefits from connection to a 3-phase electricity supply. Mains water and drainage are connected to the site. We understand that mains gas is available at this location.

We would advise prospective tenants to check the provision and adequacy of the services believed to be connected to each property prior to entering into a new lease.

TERMS
Rental terms are available upon request from our ourselves as Sole Letting Agents. Incentives are available to prospective occupiers wishing to take long term occupation of all three warehouse units.

OUTGOINGS
Units 4 and 5 have been occupied as a single entity for the past few years and have a Rateable Value under the 2005 Rating List of £89,500. Unit 6 has a Rateable Value of £18,500. The Uniform Business Rate for 2009/10 is £0.485.

The Assessment for Units 4 and 5 will need to be revised should occupiers wish to take a lease on part of the premises only. Further information in respect of this matter can be provided by South Kesteven District Council Tel: 01476 406080.

VAT
Any rent agreed and service charge which will become payable will be subject to VAT at the appropriate rate.

LEGAL COSTS
The ingoing tenant will be responsible for their own, as well as our clientís reasonable legal costs incurred in the preparation of any new lease agreed.

SERVICE CHARGE
A service charge is payable by each tenant at Orchard Park in respect of the maintenance of communal areas and further details can be supplied by ourselves at Managing Agents.

PLANNING
Each of the available warehouse units benefit from Planning Permission under Use Classes B1 and B8 covering Light Industrial and Warehouse/Storage and Distribution Uses. Further information in this regard can be supplied by the Planning Department at South Kesteven District Council Tel: 01476 406080.

OTHER
Each of the properties at Orchard Park is available by way of a new full repairing and insuring lease for a minimum term of 5 years. Further information can be supplied upon request via ourselves as Sole Letting Agents.


More information from this agent

To view this property or request more details, contact:

Brown & Co, Commercial

Market Chambers Tuesday Market Place, King's Lynn, PE30 1JJ

01553 393028 Local call rate

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