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Light Industrial to rent

Unit 4, Craven Way, Newmarket, Suffolk, CB8

£17,500 pa

Property Description

Key features

  • Approximate Ground Floor GIA of 3,225 sq ft (299.6 sq m)
  • Unit provides ancillary office and male & female WCs
  • Ground floor layout provides cellular work areas which can be removed on request
  • Forecourt car parking, rear access yard & additional lean-to store
  • Located within 1 mile of Newmarket town centre and with good access to the A14

Full description

LOCATION
Craven Way is situated approximately 1 mile north west of Newmarket town centre accessed via Exning Road and Depot Road. The area forms an established commercial location and benefits from being within approximately 1.5 miles of Junction 37 of the A14.

DESCRIPTION
Unit 4 Craven Way comprises a mid-terrace light industrial / warehouse unit. The property is of concrete portal frame construction set under a pitched roof with integrated roof lights.

The unit is arranged to provide customer entrance with office and ancillary WCs to the front and a rear service yard and loading to the rear. Internally the main warehouse / workshop area has been substantially fitted out to provide cellular work rooms beneath an extensive mezzanine. The unit can either be utilised in its current configuration or consideration can be given to removing the existing partitioning. The property has an internal eaves height of 3.77 m to the lowest point.

Forecourt car parking is provided and the unit also benefits from a small lean-to store to the rear.

ACCOMODATION
The following approximate gross internal floor areas are provided:

Warehouse - 2,419 sq ft (225 sq m)
Office & ancillary - 485 sq ft (45 sq m)
Lean-to store - 322 sq ft (29.9 sq m)
TOTAL - 3,225 sq ft (299.6sq m)

The mezzanine provides a further 1,366 sq ft (126.9 sq m).

TERMS
The unit is available on a new full repairing lease on terms to be agreed. Further information is available from the letting agents.

RENT
17,500 per annum exclusive.

RATES
The unit has a rateable value of 14,500 and is described as 'warehouse & premises'.

ESTATES CHARGE
An estates charge is levied for upkeep of the common areas of the estate. The service charge is based on 3% of the annual rent.

VAT
VAT is chargeable on the rent in accordance with current legislation.

LEGAL COSTS
The ingoing tenant will be required to make a 300 + VAT contribution toward the Landlords cost of producing the lease.

ENERGY PERFORMANCE CERTIFICATE
A full copy certificate is available from the agents on request.


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