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SOLD STC

Unit off Cherry Holt Road, Bourne

Guide Price
£225,000

£74.93 per sq. ft.

Business rates & charges may apply

Longstaff Chartered Surveyors, Bourne
SIZE AVAILABLE
3,003 sq. ft.
(279 sq. m.)
SECTOR
Light industrial facility for sale

Property description

Tenure: Freehold

LOCATION
FOR SALE OR TO LET

The property is situated on the east side of Cherry Holt Road, which links the A151 between Bourne and Spalding and the A15 between Sleaford, Bourne and Market Deeping.

DESCRIPTION
Retail area: 6.90m (maximum) x 11.00m (maximum) - with two store cupboards.
Office: 2.90m x 2.90m
Warehouse: 7.70m x 11.10m - Minimum height 3.10m, maximum height 3.40m. Double pedestrian doors to service yard.
Second Warehouse: 11.70m x 7.30m - Pedestrian door to service yard and roller shutter (3.00m wide x 3.10m high). Minimum height 3.10m, maximum height 4.20m.
WC: 2.90m x 1.40m - WC, basin, window and radiator.
WC: 2.90m x 1.60m - WC, basin, window and radiator.
Kitchen: 2.90m x 3.80m - Base units with radiator, window and gas fired boiler.
External Store: 3.00m x 6.00m (external measurements)
The site extends to approx. 875 m² (9,418 sq. ft.)

To the front of the unit is a car parking area with access to the rear along a right of way. To the rear of the property is a service yard with access to the roller shutter doors on the north side of the building.

VAT:
VAT - VAT will be payable in addition to the purchase price/rent.

RIGHT OF WAY:
The property has the benefit of a right of way along the south side of the property (shown blue on the plan) to gain access to the rear service yard, to the east. The ownership of the roadway will be retained by the Vendor, although the purchaser will be responsible for a 50% contribution towards the upkeep and maintenance of the right of way. The vendor also intends to retain ownership of the pedestrian walkway to the North of this property. The buyer/tenant will not have any right of way over that walkway.

SERVICES
We understand the property has the benefit of mains water, foul drainage, electric (single and three phase) and gas.

TERMS
- The unit is offered to let on a new lease - minimum term of 5 years.
- The lease will be contracted out of the Security of Tenure Provisions under Part II of the Landlord and Tenant Act 1954, subsections 24-28.
- The rent will be payable quarterly in advance.
- A quarters rent will be payable as a deposit.
- The rent will be reviewed every 3 years and will be reviewed upwards only to open market rental value.
- The unit is offered To Let on a full repairing and insuring basis. The tenant is to reimburse to the Landlord the Buildings Insurance premium in respect of this property. This will be subject to review and will be payable annually in advance. The Tenant will be responsible for insuring their use, the contents and withholding a Public Liability Insurance policy up to £10,000,000. The Tenant will also be responsible for insuring the plate glass.
- The Tenant will not be permitted to sub-let, assign or share any part of the premises.

Energy Performance Certificates

EPC 1

Brochures

Unit off Cherry Holt Road, Bourne

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Spalding Station9.0 miles

About Longstaff Chartered Surveyors, Bourne

73b Abbey Road Bourne PE10 9EN

Founded in 1770, R Longstaff & Co is one of the oldest and most well known firms of Estate Agents and Chartered Surveyors in South Lincolnshire.

We pride ourselves on providing a quality service benefiting from traditional, professional values combined with a modern and dynamic approach. Our in-depth knowledge of South Lincolnshire and the surrounding areas ensures that we are at the forefront of the commercial property market.

Longstaff offer a comprehensive commercial property s

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Notes

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Disclaimer - Property reference 101505013180. 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 Longstaff Chartered Surveyors, Bourne. 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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