Peter Clarke & Co

Kingsway Park Close, Derby

£79,500

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 single storey modern industrial / warehouse units built around 2001.

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

Each unit has an integral office and WC block, high intensity lighting and gas fired blower heating to warehouse areas 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 disabled WC and on the 1st floor a conference / meeting room, three office areas, kitchen, WC's and shower room. The offices have suspended ceilings with cat 2 lighting, carpeting, semi glazed partitioning and air conditioning.

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 accessed off the A38 Kingsway Dual carriage via Brackensdale Avenue and Lyttelton Street if heading north on the A38 Kingsway, or via Raleigh Street / Lyttelton Street if heading south.

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. If the units are let separately certain services may need to be split. Further details provided on application.

Terms

The units are being offered via new full repairing and insuring leases for a term of years to be agreed at the following rents: -

Unit 3 - £46,500 per annum exclusive

Unit 4 - £35,000 per annum exclusive

Unit 3 & 4 combined - £79,500 per annum exclusive

The Landlords preference is to let the two units to a single occupier. All figures indicated are exclusive of VAT.

Incentives may be available depending on the length of commitment made.

Viewing

Strictly by prior appointment via the sole agents: -
Peter Clarke & Co LLP – Tel 01926 429400
Contact: - Stephen Werner. Email: swerner@peterclarke.co.uk
Direct Line: 01926 340996 or 0121 393 1920

Rates

The premises are currently assessed as a whole (i.e. Unit 3 & 4 as a combined unit) at a rateable value of £52,500. The current standard rate in the pound multiplier is 49.3 pence (April 2018 to 2019) prior to any transitional relief. If the premises are let separately each unit will need to be reassessed.

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.