Peter Clarke & Co

Kingsway Park Close, Derby

£8,958

Kingsway Park Close, Derby
Kingsway Park Close, Derby Kingsway Park Close, Derby Kingsway Park Close, Derby Kingsway Park Close, Derby

Property Description

Full Description

Units 3 & 4 comprise two adjoining interconnecting single storey modern industrial / warehouse units built around 2001.

They are constructed of steel portal frame with low level brickwork and composite cladding above incorporating double glazed upvc windows. Height to eaves is approximately 5.1 m.

Each unit has an integral office and WC block, LED high bay lighting and an insulated sectional roller shutter door to the front and rear.

Unit 3 has additional high - quality offices at 1st floor level. These provide a small ground floor entrance reception with accessible WC and on the 1st floor a conference / meeting room to the front, WC's and shower room, a kitchen & three further partitioned office area. The offices in Unit 3 have half glazed partitioning, air conditioning, suspended ceilings with cat 2 lighting, 3 compartment side trunking & carpeting.

Accommodation: -

Unit 3

a) First Floor Offices, Kitchen, Conference Room, Shower Room & WC’s - 2,000 sq ft (185.8 sq m)
b) Industrial / Warehouse Area Including Small Entrance Reception & WC - 6,145 sq ft (570.9 sq m)
Unit 3 - Total Floor Area - 8,145 sq ft (756.7 sq m)

Unit 4

a) Ground Offices, Kitchen & WC’S - 565 sq ft (52.5 sq m)
b) Industrial / Warehouse Area - 5,635 sq ft (523.5 sq m)
Unit 4 – Total Floor Area - 6,200 sq ft (576.0 sq m)

Combined Total of Unit 3 & Unit 4 - 14,345 sq ft (1,332.7 sq m)

Externally at the front of the units are loading / parking areas with separate access to the rear which provides additional loading.

Location

The premises are situated on the Kingsway Industrial Estate on Kingsway Park Close which is located about 1.5 miles west of Derby City Centre.

The Estate is currently accessed off the A38 Kingsway Dual carriage way via Brackensdale Avenue and Lyttelton Street if heading north on the A38 Kingsway, or via Raleigh Street / Lyttelton Street if heading south. Highways England has recently secured planning approval to create a new underpass under the A38 roundabout with a new direct link off the roundabout into the Industrial Estate. A program of works is currently being planned. https:/
ationalhighways.co.uk/our-roads/east-midlands/a38-derby-junctions/

The A38 Kingsway Dual Carriage Way forms part of Derby City’s outer ring road system linking directly to the A50 at Burnaston to the South, and to junction 28 of the M1 Motorway to the north.

Services

All mains services are understood to be connected.

Terms

The premises are being offered as a whole on a new full repairing and insuring lease for a term of years to be agreed at £107,500 p.a. exclusive plus Vat (i.e., £7.49 psf + Vat).

Viewing

Strictly by prior appointment via the sole agents: -
Peter Clarke & Co LLP
Contact: - Stephen Werner. Email: stephen@peterclarke.co.uk
Direct Line: 01926 340996 or 0121 393 1920

Rates

The premises is currently assessed as a whole at a rateable value of £65,000. The current rate in the pound multiplier is 51.2 pence (April 2023 to 2024) prior to any transitional relief.

Legal Costs

Each party will be responsible for their own legal cost incurred in any transaction.

Service Charge

There will be a variable service charge payable to cover the maintenance and up keep of the communal areas of the estate.

Planning

The premises have previously been used for light assembly & storage & distribution purposes. Interested parties are advised to contact the Council to ensure that they can be used for their proposed use.

These particulars have been prepared in good faith to give a fair overall view of the property; they do not constitute an offer and will not form part of any contract. We make no representation about the conditions of the property nor that any services or appliances are in good working order; this should be checked by your surveyor. Furthermore, you should not assume that any items or features referred to in these particulars or shown in the photographs are included in the sale price. Your solicitor should check this as part of the normal conveyancing process.