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Light Industrial to rent

Units 2, 3 & 4 Turnstyle Works, Claypole Lane, Dry Doddington, NG23 5HZ

Removed 6,916 sq. ft. | £6,250 pa| £521 pcm

Property Description

Commercial information

  • 6,916 sq ft (642 sq m)

Full description

Dry Doddington is a small, primarily residential village situated approximately 12 miles north of the town of Grantham and 6 miles south of the town of Newark and being located approximately 1 mile east of the A1 thereby ensuring excellent transport links.

The properties are situated in a courtyard format at the edge of the village of Dry Doddington adjacent to our client´s residence and business premises.

Units 2, 3 & 4 briefly form part of a much larger building, part of which is used for the headquarters of our landlord client´s business. The three Workshop Units on offer are surplus to our client´s business requirements and conversion works are in progress to make each one self-contained in terms of utilities and with each to share WC facilities to be constructed within the shared yard.

Each of the properties are of modern steel portal framed construction with brick external elevations to the main with the remainder having profiled metal sheeting under an insulated roof covering. A 3 phase electricity supply and electric roller shutter door are to be provided to each unit. Unit 3 benefits from a full Mezzanine Storage Platform thereby making it ideal for storage purposes, however, our clients may consider removal of the Mezzanine if requested to do so by a suitable potential tenant.

Unit 2 has an eaves height of approximately 4.90 metres (16´) with the useable height to the underside of the Mezzanine within Unit 3 of being 2.85 metres (9´ 4") and useable height within Unit 4, which has a sloping roof, being a minimum of 3.25 metres (10´ 8") and a maximum of 5.18 metres (17´).

In terms of gross internal area, each of the three Workshop Units comprise the following:
Unit Description Sq Ft Sq M
2 Workshop 2,382 221
3 Workshop / Store 1,605 149
3 Mezzanine Storage Platform 1,366 127
4 Workshop 1,563 145

We understand that mains electricity (with 3 phase supply) is to be connected to each of the Workshop Units that are subject to these marketing particulars. Mains water is understood to be connected to the site. Drainage is understood to be to a private system. Mains gas is believed not to be available in this location.

Lease Terms
Each of the three units at Turnstyle Works are to be made available by way of a new effective full repairing and insuring lease for a term to be negotiated. Occupational terms in excess of 12 months may be considered by our clients dependent upon the rental offer made and strength of covenant that is proposed to take each property.

Rental Terms
The Workshop Units, upon completion of the proposed building works, are to be made available on the following rental terms:

Unit 2 - £10,000 per annum exclusive of VAT, if applicable.
Unit 3 - £6,500 per annum exclusive of VAT, if applicable.
Unit 4 - £6,250 per annum exclusive of VAT, if applicable.

The current two Non-Domestic Business Rates Assessments will be split upon completion of the proposed building works to covert the current premises into four self-contained Workshop Units.

Currently, the two assessments appropriate to the site are as follows:

Units 1 & 2 - Workshop & Premises - Rateable Value £30,000.
Units 3 & 4 - Workshop & Premises - Rateable Value £10,750.

The rental terms quoted herein are exclusive of, but may be liable to, VAT at the prevailing rate and you should check the position regarding VAT prior to making an offer to acquire a new lease in respect of these premises.

Each party will be responsible for their own legal costs incurred in any transaction negotiated.

The premises have been used for a number of years for manufacturing and storage purposes and therefore have an established use. We believe the premises are suitable for uses under Use Classes B1, B2 & B8 covering light and general industrial uses together with storage, warehousing and distribution.

We would recommend potentially interested parties confirm the current planning consents appropriate to the properties via the Planning Department at South Kesteven District Council. Tel: 01476 406080.

The premises have been used for a number of years by our clients and, as such, have not required Energy Performance Certificates to date.

Building works to sub-divide the current single property to form four individual Workshop Premises, three of which are to be released to the market on a leasehold basis through Brown & Co, have yet to be concluded and, as such, until such time as these works have been completed Energy Performance Certificates cannot be provided to potential tenants. Upon completion of the buildings works concerned, our clients will commission Energy Performance Certificates at their expense and be supplied to potential new tenants.

For further information or an appointment to view this property please contact:
Brown & Co
Granta Hall
Finkin Street
Grantham, NG31 6QZ
Tel: 01476 514450 Fax: 01476 594242
Email: Contact: James Cameron

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