Commercial Property to rent

Unit 14, Phoenix Enterprise Park, Gisleham, Lowestoft NR33 7NP

£1,998 pcm

Property Description

Letting information:

Letting type: Commercial

Key features

  • Rental per Unit - 23,977.50 pa
  • Service Charge per Unit - 50p per ft2
  • DDA WC
  • Eaves Height of 5m
  • Car Parking
  • Note VAT is payable on rents
  • Enterprise Zone Business Rate Discount

Full description


Early Occupation by 1st May 2018 will provide generous rate relief

New Build Double Height Commercial Units measuring from 3,197 ft2 (297 m2) with DDA WC, car parking and Offices to Let.

Rental per Unit From £23,977.50 pa.

South Lowestoft Employment Zone is sited approximately 4 miles from the town centre and immediately on the A47 Trunk Road.


Price Guides 
The Principal rent is £7.50 per sq ft for units with offices, £7.00 per sq ft for units without offices. If the tenant is not VAT registered, a 20% discount will apply. This will end once the tenant registers.

The Site 
The site is located within the South Lowestoft Industrial estate which is sited approximately 4 miles from the town centre of Lowestoft, with good access routes from the A12 and A146.

Business Units Description 
The Highest Quality Latest Standard units will have 5m eaves heights and be of steel frame construction, externally a small brick plinth will be provided with cladding panels above. This will follow over the roof which will also have roof light insets. The doors and windows will be aluminium with large sectional overhead insulated doors providing vehicular access to each of the units. Internally a blockwork wall will be provided to the external walls to protect the lower cladding panels.

Utilities and Services 
Water, gas, electricity: The tenant is responsible for its own supplies. Ducts for telephone & internet access are provided to each unit. We understand fibre is available to the site. Refuse: Communal collection, the cost of which will be payable through the service charge. Fire and intruder alarms: The tenant is responsible for its own alarms.

Parking 
Allocated spaces are shown on the attached 'Marketing Car Parking Plan'.

Tenure 
Leasehold tenancies are available on the Business Units based upon multiples of two, three and five year terms.

Service Charge 
After the first year there will be a service charge covering vehicle door maintenance, regular electricity checks, court yard, garden maintenance and estate management costs. This is estimated at 50p per square foot, but will be confirmed in due course.

Rents 
The Principal rent is £7.50 per sq ft for units with offices, £7.00 per sq ft for units without offices. If the tenant is not VAT registered, a 20% discount will apply. This will end once the tenant registers.

Possession 
Vacant Possession on completion of the lease documentation.

Location 
Lowestoft is England's most Easterly town and has an active port with Marinas and commercial users. It is actively involved in fabrication for the off shore industry, wind farms and CEAFAS is based there. The south shore of Lake Lothing has in part undergone re-development with food stores business parks small industrial units and marina complexes. Lake Lothing has locked access to the Broads (via Oulton Broad) with its water borne access to Norwich, Great Yarmouth and the northern Broads. Lowestoft forms part of East Suffolk Council's administration area has a population of about 60,000 and a summer increase with its involvement in the holiday industry. Lowestoft has a main railway station (Liverpool Street London, approx. 3 hours) and Norwich, approx. 30 minutes. The town is serviced by the A12 trunk road which connects to the A14 near Ipswich and gives access to Felixstowe. The A146 gives access to Beccles and Norwich and the A11 / A14 / M11 connect to London and the...

Lease 
Options available for discussion are: a) 6 years with biennial breaks and rent reviews; b) 6 years with a break and rent review at 3 years; and c) 5 years without break or review. Lease to commence from completion.

Permitted Use 
To use the Premises for light industrial purposes only within classes B1, B2 & B8 of the Use Classes Order. Other uses appropriate for an employment Zone will be considered but will require planning consent from the East Suffolk District Council.

Business Rates 
The tenant is responsible for the payment of all business rates due on the premises. Details of reliefs are available on request. The small units are exempt for for small business. The remainder may be available for Business Rate allowences from the East Suffolk DC which will be confirmed after the 22nd of November 2017. Enterprise Zone Business Rate Discount Potentially business rates relief of up to approximately £55,000 per year is available for any business which locates to Phoenix Enterprise Park Enterprise Zone before 1st April 2018. The relief can be awarded for up to five years. (Maximum relief available is £275,000).

Rent Deposit 
A deposit equivalent to three months' rent will be payable on completion.

Fittings 
The units will have a 3 phase power supply, efficient LED lighting and a simple electrical system provided. Some units are internally fitted with a office* and kitchen, all units have an accessible / staff toilet. Each unit has an external high-level light on the front elevation.

Finishes 
Carpet Tile (Burmatex academy marlborough blue 11808) in the Offices and Vinyl (Altro walkway 20 rock vmi2004p12507) in the kitchen & WC. Walls to be decorated dulux egg shell emulsion colour. Ceiling to be decorated dulux emulsion white. 3 rows of hr johnson 150mm x 150mm white ceramic Tiles to above worktops and 2 rows above washbasins.

Note; 
1) Early contracting on double units 9/10 & 16/17 can offer larger units including Office, Kitchen & DDA WC. 2) *Units 5,6,7,9,12,14 & 17 all have offices, kitchens, DDA WC's included as standard. 3) All units have LED Lighting fitted as standard and a DDA type WC. 4) All Units are double height to be able to install full height mezzanines if required, please be aware those with over 50% coverage require planning consent.

Outgoings 
The tenant will be responsible for the cost of all services, utilities and outgoings in connection with the property.

VAT 
All rents and prices are quoted net of VAT. Rents quoted will be subject to the addition of VAT at the standard rate. Note VAT is payable on rents. If the tenant is not VAT registered, a 20% discount will apply. This will end once the tenant registers.

More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Oulton Broad South (2.1 mi)
  • Oulton Broad North (2.6 mi)
  • Lowestoft (2.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Aldreds, Great Yarmouth - Commercial

17 Hall Quay, Great Yarmouth, NR30 1HJ

01493 493209 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.

Floorplans

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Master Floorplan Image
Master Floorplan Image

To view this property or request more details, contact:

Aldreds, Great Yarmouth - Commercial

17 Hall Quay, Great Yarmouth, NR30 1HJ

01493 493209 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

  • Oulton Broad South (2.1 mi)
  • Oulton Broad North (2.6 mi)
  • Lowestoft (2.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Aldreds, Great Yarmouth - Commercial

17 Hall Quay, Great Yarmouth, NR30 1HJ

01493 493209 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.

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