To Let March Road, Coates

 £6,600 - £56,600

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Floorplan

Location

Full description

LOCATION
The premises are located on the outskirts of Coates, a growing Fenland village. Access is by way of a part-tarmac, part hardcore road off March Road.

DESCRIPTION
A range of self-contained units offering Office, Warehouse/Industrial and Storage accommodation available To Let as a whole or as individual units. The properties are located within a yard with shared-access.

ACCOMMODATION
GROUND-FLOOR OFFICES
Ground-floor accommodation extending, in total, to approximately 102.5sqm GIA and comprising four Offices, Kitchen and WC facilities. Available To Let as a whole or in two individual parts. Coloured red on the attached plan.

Lot 1
Office 5.7m x 4.2m 23.9sqm
Office 4.4m x 4.0m 17.6sqm
Hallway
Kitchen
WC

Lot 2
Office
(L-shaped) 4.1m x 4.1m (max.) 16.8sqm
Office 4.2m x 4.1m 17.2sqm
Hallway
Kitchen
WC
Entrance Porch and Hall

WAREHOUSE A
Single-span Warehouse/Industrial unit extending, in total, to approximately 471.2sqm GIA and of steel frame construction with profile metal sheet walls, a fibre cement sheet roof and a concrete floor. Internally, there is accommodation providing a Reception Area, Storage and Workshop Area of timber frame and stud wall construction, which can be removed if not required by the ingoing Tenant. Coloured blue on the attached plan.

Warehouse/Industrial Area 425.4sqm
Reception 17.9sqm
Storage Area 10.2sqm
Workshop Area 17.0sqm
Eaves Height 4.9m

TRIPLE-SPAN MEZZANINE STORAGE
Triple-span, first-floor Storage extending, in total, to approximately 1,512.3sqm GIA. The accommodation is suitable for light storage as it is a mezzanine and can easily be divided, therefore it is available To Let as a whole or in individual lots. Coloured yellow on the attached plan.

Storage 45.5m x 33.2m 1,512.3sqm
Eaves height 2.3m

SERVICES
It is understood that the site benefits from mains electricity (3-phase in the Storage accommodation) and mains water.

TERMS
The units are available To Let on new Leases on Internal Repairing and Insuring terms.

Quoting Rents:

Ground-Floor Offices
Lot 1 £3,300 + VAT per annum
Lot 2 £3,300 + VAT per annum
As a Whole £6,600 + VAT per annum

Warehouse A
As a Whole £20,000 + VAT per annum

Triple-Span Mezzanine Storage
As a Whole £30,000 + VAT per annum

OUTGOINGS
WAREHOUSE A
Rateable Value (2018 List): £13,000

This is not the amount you will pay, this is used to calculate the business rates payable. The property may be eligible for Small Business Rates Relief dependant upon the occupier's circumstances. Interested parties are advised to make their own enquiries of the local Rating Authority (Fenland District Council, Fenland Hall, County Road, March, Cambridgeshire PE15 8NQ Tel 01354 654321).

The Tenant will be responsible for notifying the local Rating Authority in order to have the assessment split for the remaining Units.

VAT
We understand that the properties have been elected for VAT, VAT at the prevailing rate is therefore payable on the rent.

LEGAL COSTS
Each party will be responsible for their own legal costs.

SERVICE CHARGE
Maintenance and repairs of common areas of the site will be payable on a pro-rata basis depending on how much area (sqm) is occupied.

PLANNING
The existing uses of the premises are longstanding and deemed lawful and fall within Use Class B8 (Storage and Distribution) as defined by the Town and Country (Use Classes) Order 1987 (As Amended).

OTHER
EPC RATING
Ground Floor Offices EPC Rating D
Warehouse A EPC Rating C
Mezzanine EPC Rating C

VIEWING
Viewing strictly by appointment with the Agent.

Ready to view?

Call our March Professional Office on

01354 602030 Arrange a viewing

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