Light Industrial to rent

Hangar 2, Upwood Air Park, Ramsey,

£150,000 pa

Property Description

Letting information:

Furnishing: Not Specified

Full description

LOCATION
The warehousing at Upwood borders the eastern boundary of the market town of Ramsey, being approximately 9 miles south/south east of Peterborough and approximately 9 miles north east of Huntingdon.

The recently upgraded A1 motorway, between Huntingdon and Peterborough, is accessible at the Sawtry Interchange, approximately 7 miles west via the B1043.

DESCRIPTION
The site in a ring fence comprises 4 former aircraft hangars now used as warehousing. The owners are retaining Hangar 1 and will continue to occupy it themselves. The remaining 3 units stand in generous grounds providing an extensive external hardstanding storage area, as well as good quality workshop and storage space. The total site area, including the retained hangar, stands in approximately 18 acres with security fencing enclosing the entire site. The individual units are as follows:

HANGAR 2 – FOR SALE OR TO LET
Hangar 2 has been significantly refurbished and is very similar to Hangar 3, in that it has a mezzanine floor and benefits from spray insulation to the roof. The unit has a lift to the mezzanine floor, two sets of personnel stairs and the original sliding doors to either end of the unit. The unit has a ground floor eaves height of 5.18 metres and a mezzanine level eaves height of 4.27 metres.

Ground Floor Space 4,372 Sq M (47,059 Sq Ft)
Mezzanine 3,636 Sq M (39,141 Sq Ft)
Ground Floor Office 428 Sq M (4,612 Sq Ft)
First Floor Office 97 Sq M (1,048 Sq Ft)

HANGAR 4 – FOR SALE OR TO LET
Hangar 4 sits to the south of the site and directly opposite the site entrance. It is a concrete portal frame building with full height sliding doors to both ends of the Hangar giving access to the building which boasts a 10.9 metre eaves height. Internally the unit is illuminated through halogen lamps, with 3-phase electricity and a concrete floor. In addition, there is a range of single storey flat roofed brick storage units to the southern side of the buildings.

Warehouse Space 4,372 Sq M (47,059 Sq Ft)
Additional Stores 620 Sq M (6,676 Sq Ft)

HANGAR 3 - FOR SALE OR TO LET
This unit has been fully refurbished with an eaves height of 4.72 metres, and a mezzanine floor throughout the majority of the unit. The unit benefits from a lift to the mezzanine level, two sets of personnel stairs to the upper level, roller shutter doors to each end of the unit, and good quality concrete floors at ground and first floor level. The unit benefits from good quality offices/stores to the ground and first floor levels.

To the side of the building is a range of single and two storey offices which have been fully refurbished with oil fired central heating, suspended ceilings and an alarm system etc.

Ground Floor Space 4,372 Sq M (47,059 Sq Ft)
including stores (435 Sq M) (4688 Sq Ft)
Mezzanine 4,192 Sq M 45,122 Sq Ft
Ground Floor Offices 428 Sq M 4,612 Sq Ft
First Floor Offices 97 Sq M 1,048 Sq Ft

SERVICES
The units benefit from mains water and electricity. Access is through the former RAF Upwood Airfield over which there is a right of way. The access is owned by a third party and shown blue on the site plan.

TERMS
The units are available for sale with the benefit of vacant possession. Leases are available via separate negotiation.

Hangar 2 Guide Price £850,000 Rental per Annum £150,000

Hangar 3 Guide Price £850,000 Rental per Annum £150,000

Hangar 4 Guide Pice £500,000 Rental per Annum £50,000

OUTGOINGS
The Non Domestic Business Rates Payable for 2010/11 are:

Rateable Value (RV) Rates Payable (RP)
Hangar 2 R V £85,000 RP £41,541.70
Hangar 3 RV £105,000 RP £48,694.67
Hangar 4 RV £67,500 RP £31,012.86

VAT
The vendors reserve the right to charge VAT on any sale or letting.

LEGAL COSTS
Each party is to be responsible for their own costs in any transaction negotiated.

SERVICE CHARGE
Purchasers/tenants will be expected to contribute towards the maintenance of the access road and a contribution towards the site security costs, which is principally for the monitoring of the entrance gate.

PLANNING
LOCAL AUTHORITY
Huntingdon District Council
Pathfinder House
St Mary’s Street
Huntingdon, PE18 6TN
Tel: 01480 388388
Email: mail@huntingdonshire.gov.uk

VIEWING
Strictly by appointment only through the Sole Selling/Letting Agents:

Brown & Co
Granta Hall
6 Finkin Street
Grantham, NG31 6QZ
Tel: 01476 415533
Fax: 01476 594242
Email: nick.dawes@brown-co.com or james.cameron@brown-co.com
Contact: Nick Dawes or James Cameron


More information from this agent

Nearest station

  • Whittlesea (7.9 mi)
Distances are straight line measurements

To view this property or request more details, contact:

Brown & Co, Commercial

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

01553 403124 Local call rate

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