Central Road Essendine PE9 4LJ

For Lease £30,000 P.A.

Property Details

Central Road Essendine PE9 4LJ

For Lease £30,000 P.A.
Description

5000 Sq ft Industrial unit to let

- Essendine

Sought after Rutland location
Approx. 5000 sq ft of industrial space
Available from June 1st 2020
£30,000 plus vat per annum
All leasehold uses considered

LOCATION
The Village of Essendine is located on the A6121 between Stamford (6 miles South) and Bourne (8 Miles North).
Good road and public transport links into surrounding towns and villages. The A1 at Great Casterton is 5 Miles South West.
Essendine is a large village and has 2 industrial areas, both surrounding this unit, (Meadow Park industrial estate and Glen industrial estate).

DESCRIPTION
A substantial steel framed Warehouse with 5m eaves, the space is approx. 5000 sq ft with a 4m roller shutter door. Would be suitable for a trade counter business or storage and distribution. The units were built around 12 years ago and have been used for storage for a removal business, this family business is relocating due to retirement.
The site sits in approximately 1 acre with secure perimeter fencing, and is fully concreted throughout, which is shared with the freehold owners of the while site who occupy units 1 & 2.

ACCOMMODATION
Approx. 5000 sq ft of space with allocated parking to the front of the unit. The unit benefits from shared use of the on site W/C’s and canteen. Tenants are permitted to fit their own facilities if required.

SERVICES
We are advised that all mains services are connected to the property. These services have not been inspected or tested by the agent.

TERMS
Offered for let on a new 5 year lease (longer if required).
The passing rent will be £30,000 plus vat per annum, available from the 1st June 2020.
Landlords insurance will be charged in addition.
The tenant will be responsible for their own gas, water and electric consumption.

OUTGOINGS
Currently the 3 units are registered as one entity on this estate, during the lease process the property will need to be registered as a stand alone unit. More information will be available in due course.

VAT
We are advised that VAT will be chargeable on the Rent and on any Service charges and Landlords Insurance contributions required.

LEGAL COSTS
Both Parties will be responsible for their own legal costs.

SERVICE CHARGE
A small service charge for the upkeep of common parts will be payable, more information will be available upon request. However this amount isnt expected to exceed £1000 per annum.

PARKING NOTES
The site offers ample parking for staff and visitors to all units on site. Allocated parking will be made clear within the lease.

PLANNING
The current planning allows for B1, B3 & B8 use classes, all uses will be considered subject to planning and use class changes.

OTHER
Finance may be available through Independent Financial Brokers and Moores Commercial would be pleased to make an introduction for you. The Brokers are completely Independent of Moores Commercial and will offer confidential, unbiased advice regulated by the Financial Authorities. Please ask for further details.

VIEWING
Viewing is strictly by prior appointment via the sole agents Moores Commercial Tel: 01664 431330 or via email office@moorescommercial.com

Moores Commercial offer a unique personal service helping clients with all aspects of commercial property across the Midlands