TO LET ON LEASE UNIT 6 CRADGE BANK INDUSTRIAL ... - Longstaff

By DirectionofCrossacre Ltd____________TO LETON LEASEUNIT 6 CRADGE BANK INDUSTRIAL ESTATECRADGE BANK, SPALDING, LINCOLNSHIRE PE11 3AQA Useful Commercial / Industrial Building443.12m² (4770 sq.ft.) Gross Internal Floor AreaWell Situated on Modern Industrial Estate at the Southern End of the TownTerms to be AgreedFirst Year’s Commencement Rent:£10,000 Per Annum ExclusiveReference No:S7946—7/11

The Cradge Bank Industrial Estate is located towards thesouthern end of the town with easy access via Cowbit Roadto the A16 and the “soon to be opened” A1073 new roadfrom Spalding to Peterborough which will provide eveneasier transport links. Easy access is also available via theA16 to Stamford and Boston - the A17 interconnects withthe A16 at Sutterton, some 8 miles north of Spalding.The Cradge Bank Industrial Estate provides a number ofUnits located around a large communal tarmacked yardgiving easy access and significant manoeuvring areas.Other uses in close proximity include pet food storage,furniture storage, car valeting and tyre depot andgymnasium.THE BUILDING:Portal framed steel and single skin corrugated / profilecladded building with 5 bays and concrete floor - internalmeasurements 14.85m x 29.84m (gross internal), 5.6meaves.Manually operated roller shutter entrance door 4.92m wide,4 overhead light units, side personnel access door.Gross Internal Floor Area: 443.12m² (4,770 sq.ft.)STORE OFF: 4.64m x 4.65mLOBBY:SEPARATE WC:PARTICULARSACCOMMODATIONSink unit.Low level WCExternally, a reasonable amount of car parking will beavailable immediately outside the Unit (for staff andcustomers). There is a large yard area providing very easyaccess and manoeuvring areas for commercial vehicles of allsizes.PROPOSED LEASE TERMSTERMThe Unit is available to let on a three year term with therent payable quarterly in advance. If interested parties havediffering requirements, please contact the Letting Agents todiscuss further.VATVAT at the prevailing rate is not payable in addition tothe rent.BUSINESS RATESThe Rateable Value for the Unit is £11,250 (2010 List).Interested parties are recommended to make their ownspecific and direct enquiries with the Business Rates Sectionof South Holland District Council (01775 761161).OUTGOINGSThe tenant will be responsible for all normal outgoings.BUILDINGS INSURANCE / SERVICE CHARGEThe tenant shall reimburse the Landlord at the rate of £500per annum for the cost of buildings insurance andcontribution to the maintenance of common parts. This sumis reviewable annually.REPAIRSThe tenant will be responsible for the maintenance, repairand upkeep of the Building.LEGAL COSTSEach party will be responsible for bearing their own legalcosts.GENERAL INFORMATIONSERVICESMains electricity, water and drainage. No mains gas.LOCAL AUTHORITIESSouth Holland District CouncilPriory Road, Spalding, Lincs. PE11 2XECALL 01775 761161Anglian Water Services Ltd. PO Box 46, Spalding, PE111DBCALL 0800 919155Lincolnshire County Council, Newland, Lincoln LN1 1YLCALL 01522 552222VIEWINGBy Appointment with R Longstaff & CoCommercial Department - 01775 765536APPARATUS AND SERVICESThe apparatus and services in this property have not been tested by theagents and we cannot guarantee they are in working order. Buyers areadvised to check the viability of these with their solicitors or surveyors~~~~~~~~~~These particulars are issued subject to the property described above notbeing sold, let, withdrawn, or otherwise disposed of.The particulars are believed to be correct, but their accuracy cannot beguaranteed and they do not constitute an offer nor a contract.