Industrial Unit on Popular Estate
( Agency Pilot Software Ref: 1745 )
Location
The property is located on Somers Road Industrial Estate approximately 1 mile west of Rugby. Junction 1 of the M6 motorway is about 3 miles to the north and the M45
motorway is about 3 miles to the south.
Rugby is situated 35 miles to the south-east of Birmingham and some 80 miles north of London. The town benefits from excellent communications with rail services to London Euston available in approximately 1 hour. Major facilities include The Clock Towers Shopping Centre and Junction 1 Retail Park.
Accommodation
The property comprises a substantial portal framed industrial unit with two-storey offices to the front elevation. The elevations are part brick/block and part profile steel
sheet. Access to the warehouse is through an electric roller shutter door measuring 6m x 3.75m. The floor is solid concrete and the eaves are 5.75m and the apex is 7m. Lighting is provided to the warehouse areas by suspended sodium lights and translucent roof panels. Heating is provided by gas-fired warm air blowers. The roof is lined internally with insulated roof boards.
The office space benefits from suspended ceilings, recessed light boxes, central heating and some comfort cooling. The floors are carpeted throughout and the walls decorated. There are broadband media connections installed. Externally there is some outside car parking space with a raised area with space for 3 to 4 cars but to the rear of the property via a shared drive there is an additional parking area with space for about 20 cars. There is a cctv system covering the perimeter of the building. The property has been measured in accordance with the RICS code of measuring practice and provides the following
approximate Gross Internal Area:
Ground floor warehouse including ground floor offices 702.0 sq m (7,556 sq ft )
First floor offices 106.0 sq m (1,140 sq ft )
Total GIA 808.0 sq m ( 8,696 sq ft )
Terms
Rental - £35,000 pax Offers Invited in Excess of £360,000
PLANNING
We understand that the property has planning permission for B1/B8 use. We recommend interested parties make their own enquiries to the Planning Department of Rugby Borough Council on 01788 533533.
TENURE
The whole property is available To Let by way of a new Lease for a term to be agreed or for sale freehold with vacant possession.
LEGAL COSTS
Each party to be responsible for their own legal costs incurred in the transaction.
SERVICES
We are advised that main services are connected to the property, including mains water, drainage, gas and electricity and confirm that the Tenant will be responsible
for the payment of all services from the date of access. We would advise interested parties to undertake their own enquiries as to the adequacy and availability of these
services, which have not been tested or verified by Howkins & Harrison LLP.
OUTGOINGS
Under the 2017 Rating List, the Property is currently assessed at an RV of £41,250.
VAT
Howkins & Harrison LLP understand that VAT is payable on the rent.
Specification
• Recently Refurbished
• GIA of 8,696 sq. ft.
• Popular & Busy Estate
• Ample Parking to Front & Rear
• Offers invited to Lease or Buy