Unit 3 New Brook Business Park, Brook Park, Shirebrook, NG28 8GB

Location

The premises are situated at the northern end of Weighbridge Road and forms part of Newbrook Business Park which comprises a recently completed development of 10 industrial units situated on the junction of Weighbridge Road and New Road which leads to Portland Road. Newbrook Business Park is situated within 0.5 miles of the centre of the village of Shirebrook which serves a population of approximately 10,000 and is located 7 miles north west of the large town of Mansfield.

Accommodation

Unit 3 comprises an end terraced industrial warehouse unit of 279m2 (3,000 sq.ft.) the measurements are on a gross internal basis.

Terms

• The premises are let on a lease for a term of 6 years from 6th February 2008 on a full repairing and insuring basis. The rental is £15,000 per annum exclusive for the first 2 years increasing to £16,500 for the remaining 4 years. The rent is subject to VAT. The lease includes a break clause after 3 years.
• TENANTS COVENANT e2eat Limited are a recently established company with a turn over at the end of 31st August 2007 of £634,927 and a gross profit of £136,009 with net profit before taxation of £76,435. A copy of the accounts are available for inspection at the agents offices.
• Offers are invited in the region of £225,000. The asking price is exclusive of VAT. The property is to be sold as a transfer of a going concern (TOGC) with no VAT to be charged on the transaction.