Light Industrial for sale

Langar, Nottinghamshire

22,100 sq. ft. | £875,000

Property Description

Commercial information

  • 22,100 sq ft (2,053 sq m)

Full description

Tenure: Freehold

LOCATION
Langar is a village located in the Vale of Belvoir and lies approximately 12 miles south-east of Nottingham and 4 miles south of Bingham. The A46 is approximately 4.5 miles to the east which provides access to Leicester in the South and Newark in the North. The A52 is some 5 miles to the north and provides access to Nottingham and the M1 Motorway. The property is situated to the south of the village at the junction of Harby Road and Coach Gap Lane. The area is an established industrial and distribution location with some key occupiers such as John Deere Ltd UK Head Office.

DESCRIPTION
The property comprises a range of industrial/warehouse style buildings separated by a self-contained yard on a site extending to approximately 0.77 hectares (1.90 acres). The modern warehouse unit, fronting Harby Road, is of steel portal frame construction with cavity block and brick walls and insulated profile steel cladding to the eaves. The roof covering is also of profile steel cladding incorporating translucent light panels which provide good natural light to the warehouse unit.
The property benefits from a roller shutter door accessed from the yard plus a dock level loading adjoining.

ACCOMMODATION
The property provides the following gross internal areas:
Sq. M. Sq. Ft.
Modern Warehouse 959.53 10,329
Workshop 559.55 6,023
Warehouse/Workshop 326.47 3,514
Office 207.52 2,234
Total Gross Internal Area 2,053.07 22,100
Mezzanine 159.68 1,718
Canopy 28.14 303

*The agent has not carried out a measured survey of the property and the approximate gross internal areas have been provided to us.

SERVICES
All mains services are connected to the property. The agent has not tested the services and potential purchasers are advised to make their own enquiries.

TERMS
We are informed that the part of the property and yard is held on a freehold basis. The remaining buildings together with part of the yard area are held on a long leasehold interest for a term of 125 years from Rushcliffe Borough Council from 27 November 1998.

The whole property is let on an extension of an existing lease dated 25th July 2007, expiring on 31st December 2026. The passing rental is £70,000 pax subject to an upwards only rent review as at 1st January 2021.

The property is being offered for sale by way of a Transfer of a Going Concern (TOGC).

VAT
All prices quoted are exclusive of VAT which may be chargeable.

LEGAL COSTS
Each party is to bear their own legal costs incurred in the transaction.

PLANNING
We understand from our enquiries that the property was subject to a Planning Application (03-00105-FUL) for the erection of warehouse and offices for the purposes of B8 warehousing under the Town and Country Planning (Use Classes) Order 1987. This was the most recent application which was granted on 15th August 2003. Interested parties are advised to make their own enquiries directly with the Local Planning Authority, Rushcliffe Borough Council.

VIEWING
Strictly by appointment with the Sole Agent;

Simon Parsons, BSc (Hons) MRICS
Head of Commercial Agency
01536 517777
simon.parsons@berrys.uk.com

Duncan Batty, BSc (Hons) MRICS
01327 356140
duncan.batty@berrys.uk.com


More information from this agent

Energy Performance Certificate (EPC) graphs

Nearest stations

  • Aslockton (3.6 mi)
  • Bingham (4.0 mi)
  • Elton & Orston (4.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Berrys Commercial, Kettering

42 Headlands, Kettering, NN15 7HR

01536 688140 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Aslockton (3.6 mi)
  • Bingham (4.0 mi)
  • Elton & Orston (4.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Berrys Commercial, Kettering

42 Headlands, Kettering, NN15 7HR

01536 688140 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 100690002499. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Berrys Commercial, Kettering . Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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