The property is located in one of the main industrial areas of the Georgian market town of Wisbech.
Wisbech lies approximately 23 miles from Peterborough, 39 miles from Cambridge and 55 miles from Norwich. The A47 trunk road between Norwich and Leicester passes around the southern and eastern side of Wisbech.
The town has two main industrial areas; one centred on the Port, the other in the Weasenham Lane/Algores Way area of town. Industrial occupiers mainly comprise local and regional businesses.
A useful industrial unit currently used for storage, located within the main industrial area of the town. The property is of steel frame construction with insulated panel cladding on walls and roof. The property consists of a main area (approx. 281 sq m) with a disabled WC and two service cupboards. The property has a Gross internal area of approximately 291 sq m with an eaves height of 6.4 m.
The property comprises:
Main Area: 281.3 sq m (approx.) with concrete floor. Access via personnel door, fire exit and roller shutter door
Externally there is a forecourt parking area and loading access to the unit.
Mains water, drainage and electricity (three-phase to main area) are understood to be connected. Prospective tenants are advised to make their own enquiries of the relevant utilities companies.
Photovoltaic solar panels have been fitted to the roof of the unit. The Landlord will retain the Feed-in Tariff subsidy for these, however the Tenant will benefit from the electricity produced.
It is understood that mains gas will be connected to the unit from 22nd December 2018.
The property is offered To Let on a new lease for a term of 10 years with a break clause at the end of Year 5 at a passing rent of £14,000 per annum (TBA). Rent will be payable quarterly in advance. Upwards only rental reviews will occur every 5 years. A rental deposit equivalent to 6 months rent will be held by FPD Ltd for the duration of the lease.
The lease will be Full Repairing and Insuring. The tenant will be responsible for reimbursing the Landlord for the cost of the buildings insurance and for structural repairs.
The Tenancy will be contracted out of the security of tenure provisions of the Landlord and Tenant Act 1954 Part II.
Current Rateable Value (2017 List): £12,000
Estimated Rate Payable 2018/19: £5,760
N.B. The property may be eligible for Small Business Rates Relief. Prospective Tenants are advised to check with the Local Rating Authority (Fenland District Council, Fenland Hall, County Road, March, Cambridgeshire, PE15 8NQ 01354 654 321) as to the current rates liability.
The property has been elected for VAT and as such, VAT is payable on the rent and service charge.
Tenant will be responsible for paying Landlords reasonable legal costs incurred.
Communal and unit specific service charges are payable. The current service charge is around £1,200 per annum. This is to be reviewed annually. The Landlord will confirm the level of charges payable for 2018/19.
Four allocated parking bays directly in front of the property plus additional communal parking.
Planning permission for the erection of the unit was granted under Planning Reference: F/YR05/1454/F in December 2005 which was amended by F/YR06/1451/F in December 2006.
These permissions granted the erection of the units within the Business park for A2, B1, B2 and B8 use.
Available from 21st January 2019.
Strictly by appointment with the agent, Maxey Grounds & Co LLP.
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