Lake Industrial Way, Sandown

LOCATION
Situated in a great location this unit is surrounded by mixed office and light industrial/storage units. This industrial estate is very popular as it is located on the main A3056 which provides easy and quick links to Newport, Ryde and Shanklin.

DESCRIPTION
Offered to lease is this light industrial/workshop premises in a great easily accessible location. The property benefits from 3 phase electricity, ground floor office space and staff facilities.

The unit offers approximately 91 sq m (979 sq ft) over all. The ceiling height to the pitch is circa 5.5 m, and to under the eaves is 3.7m.

Access to this unit can be achieved through the roller shutter door and main pedestrian front door.

There is off road parking to the front.

The premises will be available to lease from 10/11/2025.

SERVICES
Mains electric, water drainage are connected. We would recommend speaking with the providers to confirm.

TERMS
The property is available to lease £9,500 + VAT per annum for a full repairing and insuring lease. Lease terms are to be negotiated but incentives may be available for the right tenant.

OUTGOINGS
The VOA shows a rateable value of £7,300. Using the current UBR the rates payable will be circa £3650pa. The premises will be eligible for small business rates relief, if this is your only commercial premises the rates payable may be zero. All enquiries are to be directed to either the VOA or IOW Council.

VAT
VAT will payable on the rent at the prevailing rate.

SERVICE CHARGE
Contributions towards the site service charge will be circa £840 per annum.

VIEWING
All viewings to be arranged via HRD Commercial. Please contact or email