Light industrial to let in Ruddington Lane, Nottingham NG11

Location

The premises are situated on the popular and well established Nottingham South & Wilford Industrial Estate to the south-west of Nottingham City Centre, being easily accessible off the A52 Ring Road, and the A453, which in turn provide excellent road connections to Junctions 25 and 24 of the M1 motorway. Unit 40 is situated fronting the main estate road at the heart of the industrial estate.

Description

The property comprises a mid-terraced industrial/warehouse unit of steel portal frame construction, with brick/block walls, surmounted by metal cladding, set beneath an underlined pitched roof, incorporating translucent light panels.

Internally, the premises incorporate a substantial two-storey air-conditioned office and amenity block, with the majority of accommodation fitted out as offices and meeting rooms.

The warehouse has a minimum working height of approx. 6m. Vehicular access is via an electrically operated access door, and separate male and female WCs are incorporated. At the front is a small forecourt providing a concrete-surfaced loading area and parking for 2 cars.

Accommodation

We have been informed that the property has the following gross internal floor area:-

Total gia- 334 sq m (3,595 sq ft)

Services

All mains services are evident within the premises, including three phase electricity, gas and drainage. None of the heating systems or any other plant and equipment have been tested by Commercial List and prospective lessees must rely on their own investigations as to their existence and condition.

Town & country planning

From verbal enquiries of Rushcliffe Borough Council, we are advised that the unit has planning consent for Class E (Commercial, Business and Service), formerly B1 (Light Industrial).

Business rates

From enquiries made though the Valuation Office website, we understand that the following rating assessment applies;

Rateable value: £16,250

Interested parties should make their own enquiries as to the amount of rates payable.

Terms

The premises are available to let for a term of years to be agreed on a new full repairing and insuring lease to be contracted outside the Landlord and Tenant Act 1954.

Rent

£22,950 per annum exclusive of VAT, service charge, business rates, insurance and utilities. The service charge is currently £3,246.06 per annum.

Office furniture & storage container

There is high end office furniture (desks tables and chairs), which are within the premises on the first floor. There is also a storage container outside the property. The container and furniture can be made available by way of separate negotiation. Interested parties are advised to discuss their specific requests with the agents.

EPC

Energy rating 90 (Band D) valid till 25 January 2033.

VAT

VAT is not applicable to the rent.

Legal costs

The incoming tenant shall be liable for the contract and tenancy set up fee which is £500.