Unit 1 & 2 Concept Centre, Innovation Close, Poole, BH12 4QD

LOCATION

The development is situated on a site within Concept Park a mixed commercial development within the heart of the established Yarrow Road/Tower Park commercial area with access closeby to the A3049 Dorset Way dual carriageway linking westwards to the A35 and eastwards to the A31/M27/M3 via the A348 Ringwood Road.

DESCRIPTION

The properties are currently interlinked at ground and first floors but can be made available individually if required

Each unit has the following features:-

Steel clad/composite panel/brick elevations
Steel clad insulated roof
Steel frame
Sectional up and over loading door measuring approx 2.7m wide x 3.3m high
Approx 3.5m ground floor headroom
Power floated concrete ground floor
Gas fired central heating and lighting (not tested)
First floor offices have suspended ceilings with integral lighting, carpets and air con cassettes
Unit 2 has the benefit of two partitioned offices and a teapoint at first floor
Unisex disabled WC at ground floor.  Two further WC’s at first floor level
Allocated parking: Unit 1 - 5 spaces, Unit 2 - 4 spaces

SERVICES

We recommend all prospective occupiers should make their own enquiries as to the availability and capacity of the various utility services.

ACCOMMODATION

Unit 1

Ground Floor

Factory/Warehouse/WC 1,603 sq ft  (149 m²)

First Floor Offices/WC’s   1,617 sq ft  (150 m²)

           Total  3,220 sq ft  (299 m²)

Unit 2

Ground Floor

Factory/Warehouse/WC    1,329 sq ft (123.5 m²)

First Floor Offices/WC’s   1,329 sq ft (123.5 m²)

           Total  2,658 sq ft (247.0 m²)

Measured on a gross internal basis

TENURE

Leasehold

The premises are available to let together or individually on a new full repairing and insuring lease for a term to be agreed incorporating upward only open market rent reviews.

Rent

Unit 1             £38,500 + VAT per annum exclusive

Unit 2             £32,000 + VAT per annum exclusive

Units 1&2       £70,500 + VAT per annum exclusive

The rents quoted are exclusive of business rates, VAT, service charge, insurance premium, utilities and all other outgoings.

For sale

The units are for sale with vacant possession together or individually by way of 999 year leases from 20th June 2011.  The ground rent is £100 per annum per unit doubling every 25 years.

Prices

Unit 1             £499,950 + VAT

Unit 2             £425,000 + VAT

Units 1 & 2     £924,950 + VAT

BUSINESS RATES (source:

Rateable value: Units 1&2 £55,500 (From 1st April 2023)
Rateable value: Units 1&2  £72,500 (From 1st April 2026)

LEGAL COSTS

As is customary, the ingoing tenant is to be responsible for the lessor’s reasonable legal costs incurred in the preparation and completion of the legal documentation.  Each party to bear their own costs in the event of a sale.

SERVICE CHARGE

There is a service charge payable in respect of the upkeep, management and maintenance of common parts within the Estate which is currently budgeted at £275 plus VAT per quarter for Unit 1, and £225 plus VAT per quarter for Unit 2, payable quarterly in advance.

ENERGY PERFORMANCE CERTIFICATE

Assessment – Unit 1 Band C (60)

Assessment - Unit 2 Band C (71)

The full EPC and recommendations report are available on request.