Where is the Industrial located?
Located in the established Langley Park Industrial Estate, which is accessed off North Street in Langley Mill.
The location offers excellent access to the A610 leading to J26 of the M1.
The property companies of a light industrial unit of steel portal framed construction with cavity brick and clockwork elevations surmounted by insulated double skin plastic coated profiled steel cladding under a similarly clad roof.
Loading is provided to the front elevation by means of a manual up & over roller shutter door.
Internally the property provides warehousing and offices which are partitioned and with carpeted flooring finished with painted & plastered walls. Above the office there is further storage.
How has the accommodation been measured?
The accommodation totalling 1668 sq ft (155 sq m) has been measured on a Gross Internal Area basis (GIA) in accordance with the RICS Code of Measuring practice.
The property has been used under Classes E (Commercial, Business and Service) and B8 (Storage or distribution) of the Town and Country Planning (Use Classes) Order 1987 (as amended). All parties should confirm the planning position with the relevant Local Authority.
All mains services with the exception of gas are connected. The joint agents do not warrant capacity or guarantee connectivity.
What is the Ratable Value?
The property is currently listed as a Workshop and premises on VOA.gov.uk.
Please check the valuation office website for any rates incentives. Subject to status you may qualify for 100% rates relief.
How is the accommodation offered?
The unit is offered by way of a standard estate lease for a minimum term of 5 years with a rent review on expiry of the 3rd year. A tenant break at this point may be considered. The incoming tenant will be required to pay £500.00 + VAT towards the lease cost & setting up of the tenancy.
Rent: £16,680 per annum. Please check the VAT status.
All figures are quoted exclusive of VAT, we are advised the property is registered for VAT which is applicable at the prevailing rate.
The landlord levies a service charge based on 9.75% of the annual rent. This is a fixed contribution towards maintenance, upkeep and repair the estate. This does not include buildings insurance, which is charged separately.
Service charge budget: £1,626.30 per annum
What are the viewing arrangements?
Check our website for a virtual tour, physical viewings can be arranged by contacting OMEETO or our joint agents Landa Associates 0115 772 2525. We do not take any responsibility for any loss or injury caused whilst carrying out a site visit.