Warehouse to let in Unit 3A, Tungsten Park, Oakham LE15

Key Points

Description

A new build industrial unit of steel portal frame construction with barrel vaulted roof, benefiting from translucent lighting, smooth clad elevations with up and over loading door and a personnel entrance within a glazed panel. Rear fire exit, solid concrete flooring with water, electricity and waste sited internally ready for occupier fit-out. Externally the property benefits from allocated parking to the front of the unit and loading with a 17m yard depth.

Location

This brand new Warehouse is positioned just off the A606 Oakham By-pass.
Hackamore Way and the surrounding area has been recently developed into a vibrant commercial estate including McDonalds, Costa and a Service station with M&S food along with other building trade outlets and other commercial users.

Terms

This property is available both freehold and leasehold
freehold - £720,000 with a 1 year rental guarantee reducing the purchase price to £680,000

to let on a new minimum 5 year fully repairing and insuring lease with a 3 year review - the rent will be £40,000 per annum + vat. A deposit equal to 3-month rent will be required and there will be a contribution to the Buildings Insurance arranged by the Landlord. Rent is paid quarterly in advance.
A service charge is applicably for the upkeep and lighting of the communal areas - Currently £0.35 per sq ft.

Services

We are advised that mains’ services are connected to the property with the exception of gas which has been capped to roadside of the unit. These services have not been inspected or tested by the agent.