Festival Business Park, Unit 4 - 06 January 2011 ... - Capita Symonds
Festival Business Park, Unit 4 - 06 January 2011 ... - Capita Symonds
Festival Business Park, Unit 4 - 06 January 2011 ... - Capita Symonds
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New Instruction To Let <strong>Unit</strong> 1,<br />
<strong>Festival</strong> <strong>Business</strong> <strong>Park</strong>, <strong>Festival</strong><br />
Way, Basildon SS14 3WB<br />
1,970 sqm (21,209 sq ft)<br />
Location<br />
Basildon is located approximately 25 miles east of Central<br />
London and benefits from excellent road communications.<br />
The A127 and A13 dual carriageways connect <strong>Festival</strong> <strong>Park</strong><br />
with junctions 29 and 30/31 of the M25, approximately 8<br />
miles to the west.<br />
Accommodation<br />
The Property comprises a modern end of terrace<br />
Industrial/Warehouse unit of steel portal frame construction<br />
with brick/block work & profile clad elevations beneath a dual<br />
pitched metal clad insulated roof incorporating translucent<br />
panels. At present there is a mezzanine floor insitu which can<br />
either remain or be removed.<br />
Floor<br />
size sq m(size sq ft)<br />
Ground floor warehouse, reception & 1,863.35 20,057<br />
office<br />
1st Floor offices 1<strong>06</strong>.99 1,152<br />
TOTAL 1,970.3421,209<br />
1st Floor mezzanine 1,<strong>06</strong>4 11,456<br />
2nd Floor mezzanine 1,203 12,950<br />
Amenities<br />
Eaves - 8m rising to apex of 10m<br />
Goods/passenger lift (capacity 2000kg)<br />
Reception<br />
Office's & WC's<br />
Electric sectional shutter loading doors<br />
3-phase power and all mains services connected<br />
Ample parking/loading area<br />
Rent<br />
£125,013 per annum exclusive.<br />
Service charge<br />
To be confirmed.<br />
For further information call 020 7544 2000<br />
www.capitasymonds.co.uk/realestate
Lease terms<br />
The premises is held on a 15 year lease with effect from<br />
<strong>January</strong> 2001. The rent increased at the <strong>January</strong> 20<strong>06</strong> review<br />
to £125,013 per annum which equates to £5.89 per sq ft.<br />
Eight years remain on the current lease. The lease is available<br />
by way of assignment or subletting.<br />
Rates<br />
The local rating authority has vebally advised us the property<br />
is assessed as follows:<br />
Rateable value: £143,000<br />
UBR (2010/<strong>2011</strong>): £0.433<br />
Rates payable: £61,919<br />
VAT<br />
Rent or prices quoted are exclusive of VAT.<br />
Legal costs<br />
Each party to bear their own legal costs and other associated<br />
costs incurred in the transaction.<br />
Services<br />
None of the systems, equipment or services in the property<br />
have been tested by us to check they are in working order.<br />
Interested parties may wish to make their own investigations.<br />
Viewing<br />
By prior appointment only. To arrange a viewing please<br />
contact:<br />
James Shillabeer<br />
Neil Sweeney<br />
<strong>Capita</strong> <strong>Symonds</strong><br />
Kemsley LLP<br />
020 7544 2200 01268 454 594<br />
James.Shillabeer@capita.co.uk Neil.Sweeney@kemsley.com<br />
Subject to Contract<br />
July <strong>2011</strong>.<br />
Note: NB Real Estate Ltd (“NB”), part of The <strong>Capita</strong> Group plc, for itself and as<br />
agent for the vendors or lessors (the “Seller”) of this property, gives notice that<br />
(1) These particulars do not constitute any part of an offer or a contract (2) Whilst<br />
every attempt has been made to ensure accuracy, this cannot be guaranteed and,<br />
therefore (save as set out at (6) below), (a) all statements and descriptions in these<br />
particulars as to this property are made without responsibility or liability on the<br />
part of NB or the Seller, (b) no such statements or descriptions are to be relied on as<br />
statements or representations of fact (c) all measurements are approximate and no<br />
responsibility is taken for any error, omission or misstatement and (d) any intending<br />
purchasers or lessees must satisfy themselves by inspection or otherwise as to the<br />
correctness of each of the statements, descriptions and measurements contained<br />
in these particulars (3) The Seller does not make or give, and neither NB nor any<br />
of its employees or agents makes or gives nor has any authority to make or give,<br />
any representation or warranty whatsoever in relation to this property. (4) Unless<br />
otherwise stated, all prices and rents are quoted exclusive of VAT and no statement<br />
is made as to the incidence of VAT. (5) No liability is accepted and no representation<br />
is made by either NB or the Seller in respect of the presence, condition, adequacy<br />
or usability of any telecommunications or computer systems or equipment at<br />
the property, any software loaded thereon, or any related cabling or infrastructure.<br />
(6) Nothing herein shall exclude any liability which either the Seller or NB would<br />
otherwise have for any fraudulent concealment or for any statements made<br />
fraudulently by it, its employees or agents.<br />
<strong>Capita</strong> <strong>Symonds</strong>, 25 Sackville Street, London W1S 3HQ<br />
www.capitasymonds.co.uk/realestate
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