The property is located on Eastwood End Industrial Estate which is conveniently situated just off the A141 south of the market town of March. The A141 provides a good transport link to the A14, A47 and subsequently the A1.
The property is accessed via a right of way over a well-constructed private road.
A self-contained, modern industrial property offering versatile accommodation which would suit an owner-occupier or an investment buyer. The property, edged red on the attached plan, extends, in total, to approximately 0.91 Acre (0.37 Hectare) and comprises 3 x modern industrial units set within a well-maintained yard.
The site is bound by metal palisade fencing, with electronic security gates at the entrance. The yard is part laid to concrete and part hardcore, providing a useful space for parking, storage, ample turning space for HGVs and potential for further development.
In total, the accommodation extends to approximately 1,561.7 sqm Gross Internal Area. The accommodation within each unit is broken down as follows:
Total of Approx. 286 sqm GIA
2 x Warehouse/Workshop
Eaves height 3.3m
Pitch height 4.2m
2 x roller shutter doors of approx. 3m x 3m
Total of Approx. 610.7sqm GIA
Workshop (ceiling height of 3.2m)
Full-height Workshop (roller shutter door, eaves height 6.0m and pitch height 7.4m)
Industrial Entrance (roller shutter door of approx. 3m x 3m)
Open-plan Storage/Office (eaves height 2.4m and pitch height 4.0m)
4 x Offices
Total of Approx. 665 sqm GIA
Warehouse/Workshop (ceiling height 3.0m)
Storage/Office (eaves height 2.8m and pitch height 4.0m)
Roller shutter door of approx. 5.0m high x 3.2m wide
It is understood that mains water and electricity (3-phase) are connected. Drainage is non-mains. There are currently WC facilities within Unit 2; the underground drainage infrastructure is in place to connect Unit 3 as well. There are heating systems installed within Units 1 and 3.
The property is offered For Sale Freehold with Vacant Possession upon completion at offers over £780,000 + VAT.
Current Rateable Value: £60,000
Standard Multiplier 2023/24: 51.2p
Small Business Multiplier 2023/24: 49.9p
Estimated Business Rates 2023/24: £30,720
The property has been elected for VAT, therefore VAT at the prevailing rate is payable in addition to the purchase price.
Each party will be liable for their own legal costs incurred in the transaction.
There is no service charge payable.
The property has benefitted from a number of planning consents over the years. In March 2007, consent for the building labelled Unit 1 on the plan was granted under reference F/YR07/0118/F for an industrial unit (B8). In September 2011, consent for the building labelled Unit 2 on the plan was granted under reference F/YR11/0539/F for an industrial unit. Finally, consent for the building labelled Unit 3 on the plan was granted under reference F/YR16/0352/F for an industrial unit for steel component storage.
In April 2008, consent for 8 industrial units was granted under reference F/YR08/0180/F, however this consent has not been implemented.
Unit 1: Band E
Unit 2: Band C
Unit 3: Band E
For further information, please contact Polly Stokes at our March Professional Office.
Viewing is strictly by appointment only with the Agent.
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