Unit 3 Castleway, Tattershall Way, Louth, Lincolnshire, LN11 0YZ

Location
The property is located on the popular Fairfield Industrial Estate on the north-side of the Market Town of Louth. The estate is close to the A16 main road and nearby occupiers include Screwfix, B & Q, MKM Building Supplies, Tool Station and Halfords.
Description Well-appointed industrial space to let - We are pleased to offer to let this well-presented industrial unit located on the popular Fairfield Industrial Estate on the north side of Louth. The unit extends in total to 363.2 sq.m (3,908 sq.ft) Gross Internal Area including office and staff facilities of 38 sq.m (410 sq.ft). The eaves height is 6.4 metres increasing to 8.9 metres with a roller access door to the front. The property is available to let by way of a new five year FRI Lease with further terms negotiable.

Accommodation
The industrial unit extends to 363.2 sq.m (3,908 sq.ft) Gross Internal Area. This includes:

Entrance lobby - 2.21m x 1.12m

Office - 5.49m x 4.72m (max dimensions being of irregular shape)

Rear Lobby

Disabled Toilet with WC

Kitchen/Staff Room - 2.77m x 2.21m
With work surface, stainless steel sink and instantaneous hot water heater.

Access to the unit is via a roller shutter door to the front - 4.17m high x 3.06m wide.

OUTSIDE
To the front of the property, there is a tarmac area providing parking for approximately 6-8 vehicles. A concrete ramp provides access to the roller access door.
Services Mains drainage, electricity and water are connected to the property. The property has a 415 volt electricity supply.

Gas is supplied to the unit but is currently capped.

EPC Rating - D(86) valid until 12th May 2035.

Lease Terms
The property is available by way of a new FRI Lease for a period of five years with further terms negotiable. A deposit equivalent to three months' rent will be required. The Lease will be excluded from the provisions of Part II of The Landlord and Tenant Act 1954 regarding Security of Tenure.

The Landlord has requested that any occupiers are not in direct competition to the adjacent businesses.
Rates Rateable Value - The property is yet to be rated separately having been previously included in a larger rating assessment.

The property may qualify for Small Business Rates Relief and prospective Tenants should make their own enquiries regarding this.

VAT
VAT is chargeable at the prevailing rate.

Legal Costs
The ingoing Tenant will be responsible for a referencing fee of £150 inc VAT, together with the Landlord's reasonable legal costs associated with the production of the Lease agreement. Further details are available on request.

Service Charge
A Service Charge is payable for the upkeep of the communal areas on the site.

Viewing
Via Mundys Commercial - .

Parking
Yes

Planning
The property is understood to be classified as Class B2 under the Town & Country Planning (Use Classes Order) 1987 (as amended). The unit may be suitable for a variety of uses subject to the necessary planning consents being obtained and it is the responsibility of the ingoing Tenant to ensure that the property has the permitted use for their intended business and occupation.