bays 1 & 2 welland court cradge bank spalding ... - Longstaff

TO LET ON LEASE
BAYS 1 & 2
WELLAND COURT
CRADGE BANK
SPALDING
LINCOLNSHIRE
PE11 3AB
• Warehouse, Stores or Workshops, Together with Offices
• Suitable for Other Alternative Uses, Subject to Any
Necessary Planning Consent
• Previously Occupied as Dance Academy
• Total Gross Internal Floor Area About 746m²
(8032 sq.ft.)
• Full Vacant Possession Available
Competitive Stepped Rent Available
Plus VAT and Service Charge (See Overleaf)
Reference No:
Reference No:
S
S8392—7/12

PARTICULARS
The property is situated on the south side of Spalding in a
pocket of light industrial uses. The property is situated
about a mile to the north of the Spalding A16 Bypass which
gives good road communications to neighbouring towns, and
particularly to the Cathedral City of Peterborough to the
south following completion of the new Spalding to
Peterborough road.
The property has motor vehicle parking to the front of the
property on the forecourt and, in addition, has use of the
enclosed car parking area to the south of the property used
in conjunction with the occupier of Bay 3 (Spalding Boxing
Club).
The property also has the advantage of a secondary
vehicular access / small compound on the north side.
ACCOMMODATION
BAY 1
OFFICES:
Entrance Hall: 2.48m x 1.16m
Front Office
2.79m x 3.95m including
depth of fitted cupboards
(Left hand side):
Central Area: 4.67m x 3.03m
Front Office
(Right hand side): 2.91m x 3.79m
Store (Right hand side): 3.1m x 2.8m
Office / Store: 3.06m x 4.11m plus recess
Office (Rear): 4.21m x 3.91m
plus 1.76m x 0.58m
LOBBY:
Sink unit and Ladies WC with separate low level WC.
LOBBY:
Wash basin and Gents WC with separate low level WC.
REAR LOBBY:
The Offices are newly carpeted and newly decorated,
fluorescent strip lights.
REAR STORAGE AREA:
11.8m x 4.61m including area to the front of the upvc
double doors and side screen.
REAR STORE / WORKSHOP:
13.4m deep x 11.8m wide, fire escape doorway, Benson
gas heater, roof lights, upvc windows, security bars to
windows.
STORE OFF:
3.72m x 4.07m
There is a mezzanine floor over the office part of the
property providing some additional storage area (varying
ceiling heights).
BAY 2
FRONT PART:
11.92m x 15.92m, inset upvc doors, access to:
CANTEEN AREA:
3.96m x approximately 7.0m
DISABLED PERSON’S WC OFF FRONT PART:
3.65m x 2.22m
REAR WORKSHOP / STORE:
13.47m x 11.92m, steel roof trusses, roof lights, Benson wall
heater.
TOILET BLOCK:
With access off Bay 2 comprising Ladies & Gents Toilets and
Changing Facilities.
APPROXIMATE
GROSS INTERNAL FLOOR AREAS
Sq.Mtrs. Sq.Ft.
BAY 1
OFFICES: 96 1031
REAR PARTS: 212 2286
STORE: 12 320 129 3446
BAY 2
FRONT PART: 188 2023
REAR PART: 160 1722
CANTEEN: 27 291
DISABLED WC: 8 87
TOILET BLOCK: 43 426 463 4586
746m² 8032f²
BAY 1 MEZZANINE: 74m² 797f²
______________________________________________
VEHICLE PARKING to front of premises and use of the
communal car park to the south of the property used in
conjunction with Spalding Boxing Club who occupy Bay 3.
ESTATE AGENTS ~ VALUERS ~ AUCTIONEERS ~ SURVEYORS

MAINTENANCE & REPAIRS
The tenant will occupy the property on full repairing lease
terms, including servicing and maintenance of all services and
space heaters.
LEGAL COSTS
Each party will be responsible for bearing their own legal costs.
LEASE TERMS
TERM
Lease term to be for a term of 6 years, subject to negotiation.
RENT & RENT FREE PERIOD
Year 1:
Year 2:
Year 3:
The Landlords will offer an initial 3 months rent
free period. The rent for the remaining 9 month
period of the first year will be at the rate of
£11,500 per annum plus VAT.
£14,000 per annum plus VAT
£18,500 per annum plus VAT
RENT REVIEW
Upward only rent review at the end of year three.
SERVICE CHARGE
In addition to the annual rent, the tenant will pay on a prorata
basis, an annual charge for the annual servicing of the
burglar alarm system, the fire alarm system, the sewage
pumping system, together with an allowance for the
maintenance of the car parking area and buildings insurance.
For the present year this is estimated to be about £2,625 per
annum plus VAT and this figure will be subject to annual
adjustment.
BUSINESS RATES
The tenant will be responsible for the payment of all business
rates.
OUTGOINGS
The tenant will be responsible for the payment of all normal
outgoings. The water, electricity and gas for Bay 3 is on submeters
from Bays 1 and 2. The occupier of Bays 1 and 2 will
be responsible for collecting the appropriate charges for
Utilities consumed in Bay 3 direct from the occupier of Bay 3.
BUILDINGS INSURANCE
The tenant will be responsible for reimbursing to the Landlords
the reasonable buildings insurance premium for the property
as part of the service charge, the present cost of which is
included in the service charge figure state above.
The tenant will be responsible for arranging their own
insurance for their contents in the building.
USE
The future use of the property will be subject to the Landlord’s
consent in the usual way.
REFERENCES
The Landlord will require the usual trade, bank and
accountancy references and it may be the Landlord will require
a security deposit.
GENERAL INFORMATION
SERVICES
All mains services are available.
BUSINESS RATES
Rateable Value: £ 19,750 (2010 List)
Interested parties are advised to make their own enquiries
direct with South Holland District Council as to the precise
amount of rates payable.
LOCAL AUTHORITIES
South Holland District Council
Priory Road, Spalding, Lincs. PE11 2XE
CALL 01775 761161
Anglian Water Customer Services
PO Box 10642, Harlow, Essex, CM20 9HA
CALL 08457 919155
Lincolnshire County Council
County Offices, Newland, Lincoln LN1 1YL
CALL 01522 552222
VIEWING
Strictly by Appointment with R Longstaff & Co
Commercial Department - 01775 765536
APPARATUS AND SERVICES
The apparatus and services in this property have not been tested by
the agents and we cannot guarantee they are in working order.
Prospective tenants are advised to check the viability of these with
their solicitors or surveyors
LETTINGS ~ RESIDENTIAL ~ COMMERCIAL ~ AGRICULTURAL

Please Note: These particulars are issued subject to the property described above not being sold, let, withdrawn, or otherwise disposed of.
The particulars are believed to be correct, but their accuracy cannot be guaranteed and they do not constitute an offer nor a contract.