Warehouse to rentPark Farm Business Estate, Compton Verney, Warwick
5,179 sq. ft.
- 5,179 sq ft (481 sq m)
- Available as a whole or may split
- Attractive rural location
- Easy access to M40
- Flexible terms
- Ample parking
Warehouse of 5,179 sq ft [481 sq m] in an attractive rural location with easy access to the M40, available on flexible terms. Potential to split.
Location - The unit is located on a small well maintained business development in a quiet rural setting just south of the Fosse Way and only 6 miles from the M40, 8 miles from Stratford-upon-Avon and 12 miles from Leamington Spa and Banbury. It is approached from the B4086 Wellesbourne to Kineton road along an attractive tree lined private drive.
Description - A single storey warehouse of brick and concrete block construction with a newly constructed steel clad ridge roof with corrugated perspex roof lights, steel portal frame and concrete floor. The building has a maximum ridge height of 21ft with a minimum height of 9’ 6” to the eaves. There are two roller shutter doors in the end wall (which would give access into Unit A if split).
Services - 3-phase electricity, water and drainage.
There is a Powrmatic LPG overhead warm air blower fitted to the warehouse.
An Estate Service Charge is payable for upkeep of the shared drive and grounds. This is currently £275 per quarter.
Accommodation - The overall dimensions of the warehouse are 79ft 9ins by 63ft 8ins (24.3 x 19.45m) and the accommodation comprises the main warehouse/workshop, two offices, three stores and two toilets.
As a single unit the accommodation comprises:
Main warehouse,offices and storage - 5,179 sq ft /481 sq m
The unit has the potential to be split to provide two self-contained units comprising the following approximate areas:
Unit A - 2,866 sq ft / 266 sq m
Unit B - 2,313 sq ft / 215 sq m
Business Rates - Rateable Value: £17,750
Rates payable: £8,271.50 (2017/2018)
If the premises are divided into two smaller units separate rating assessments will be obtained. It is likely the rateable value of each unit will be below the threshold of £12,000 meaning 100% Small Business Rate Relief may apply, depending on individual circumstances. If applicable, no rates may be payable until the next revaluation.
Prospective tenants are advised to make their own enquiries of the Local Authority to verify all rating information.
Energy Performance - The current Energy Performance Asset Rating is 93 (Grade D). The full Energy Performance Certificate is available on request.
Terms - To let on a new lease for a minimum 3 year term at a commencing rental of £19,500 per annum on effective full repairing terms.
If split, the commencing rents would be:
Unit A - £10,750 per annum
Unit B - £8,750 per annum
A 3-month rent deposit will be required; this will be held throughout the term of the lease.
Use Class - Assumed Use Class:
B1/B8 – Light industrial/storage
References & Legal Costs - Bank, trade and accountants references will be required (for prospective tenants only). A variable fee will usually be charged by banks / building societies for financial references.
Each party will be responsible for their own legal and other costs incurred in this transaction.
Viewing - Strictly by appointment only. To discuss the property or to arrange a viewing please contact Suzanne James at the Stratford-upon-Avon office:
Map & Street View
Street View is unavailable in this location
Disclaimer - Administration fees may apply when renting a property in England, Wales or Northern Ireland. For more details, please contact the agent.
Property reference 27515352. 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 Sheldon Bosley Knight, Stratford-Upon-Avon.
Please refer to our Renting Guides for further information on how to safely rent a property.
* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.
Map data ©OpenStreetMap contributors.