The property is conveniently located at the entrance to the Norwood Road Industrial Estate in the Fenland market town of March, Cambridgeshire. March has a railway station and is conveniently located for road access to Cambridge, Huntingdon and Peterborough, together with the North Norfolk Coast.
The property comprises a single storey office suite extending to 146.7m² Net Internal Area. Externally there is a parking area.
Kitchen/Break room 4.9m (max) x 4.0m (max) (16.9m²)
Office 1 4.9m x 3.8m (18.7m²)
Office 2 4.9m x 3.4m (16.6m²)
Office 3 4.9m x 3.3m (16.5m²)
Office 4 5.8m x 3.2m (18.7m²)
Office 5 10.3m(max) x 7.1m(max) (53.9m²)
Mains electricity, gas, water and drainage are understood to be connected.
Interested parties are advised to make their own enquiries of the relevant drainage authority and utility companies.
Services will be paid for by the Landlord and then invoiced to the Tenant as part of the Service Charge.
The property is offered to Let on a new Lease for a period to be agree, contracted out of the security of tenure provisions of Part II of the Landlord and Tenant Act 1954. The Lease will be on an internal repairing obligations basis.
The Business Rates for the unit are currently split and therefore an apportionment will be payable to the Landlord as part of the Service Charge. Interested parties are advised to make their own enquiries with Anglia Revenue Partnerships.
NB The property may be eligible for Small Business Rates Relief dependent upon the purchaser's circumstances. Due to Transitional Relief provisions and Small Business Rates relief provisions, the rates payable with regard to this property may have no relation to the rateable value. Prospective purchasers are advised to check with the Local Rating Authority (Fenland District Council, Fenland Hall, County Road, March, Cambridgeshire PE15 8NQ 01354 654321) as to the current rates liability
We are advised that the property is currently elected for VAT and that, therefore, VAT is payable on the rent.
Each party will be responsible for their own legal costs.
The following services are provided to the building overall and are subject to reimbursement by the Tenant to the Landlord: Business Rates, Electricity, Gas, Water and Building Insurance.
It is understood that the estimated Service Charge will be approximately £1,500 per annum. The exact figure will be confirmed once the Business Rates have been finalised.
The current use of the property as offices is long standing and believed lawful and would fall within Use Class E (Commercial, Business and Service) as defined by the Town and Country Planning (Use Classes) (Amendment) (England) Regulations 2020. Any change of use would be subject to the Landlord's consent and at the tenant's expense.
Strictly by appointment with the agent Maxey Grounds LLP. For further information please contact Alan Faulkner or Thomas Jupp
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