LOCATION
** Light Industrial Building with First Floor Office - Car Park and Rear Yard - Approximate Gross Internal Floor Area of 424m2 (4,560 sq.ft.) - Situate in Spalding’s Primary Commercial / Industrial Area **
The property is situated in a prominent location in the recognised industrial / commercial area of Spalding having a frontage to Cresswell Close and a rear flank boundary to Enterprise Way. The property is shown outlined in red for identification purposes on the plan included in these Particulars. Cresswell Close is approximately three quarters of a mile from the main A16 Spalding Bypass road which gives good access to neighbouring towns.
ACCOMMODATION
27m x 15.1m, steel portal framed construction, part brick and part block to approximately 2.23m on the front and rear elevations, profile clad over.
Profile clad to end elevation, insulated profile clad roof, sodium lights, 2 manual roller shutter doors at rear, each being approximately 4m wide and approximately 4.8m high. Powermatic oil fired workshop space heater with external polythene oil storage tank. Ridge height about 7.4m and an external eaves height of about 5.5m.
Within the overall main building are the following facilities:
ENTRANCE LOBBY with fitted cupboard.
LADIES TOILET with lobby, low level WC, wash basin (h&c), Heatrae Sadia water heater, thermoplastic tiled floor.
GENTS TOILET with lobby, 2 wash basin (h&c), 2 low level WCs, 2 fluorescent strip lights, thermoplastic tiled floor.
SMALL OFFICE with worktop and fluorescent strip light.
Circular steel staircase giving access to Mezzanine Area comprising:
LANDING : 3.53m x 1.98m
OFFICE : 3.96m x 4.0m
Outside
Double steel gateway from Cresswell Close. Tarmac forecourt area providing car parking plus roadway to rear.
Additional Gates from Enterprise Way to rear yard.
SCHEDULE OF APPROXIMATE GROSS INTERNAL FLOOR AREAS
Sq.Mtrs. Sq.Ft.
Workshop / Production Area: 383 4,119
Ancillary, Toilets Etc: 25 269
408 4,388
Mezzanine Office: 16 172
TOTAL: 424m² 4,560 sq.ft.
SERVICES
Mains water, mains drains, single and three phase electricity.
TERMS
The property is available on a new lease on a term to be negotiated with rent reviews at three yearly intervals.
OUTGOINGS
All business rates will be payable by the tenant. Rateable Value £18,000 (2023 List). Interested parties are advised to make their own enquiries direct with SHDC as to the precise amount of rates payable.
VAT
Applicable to asking rent.
LEGAL COSTS
Each party will be responsible for bearing their own legal costs.
PARKING NOTES
Large yard for parking.
OTHER
RENT: £22,500 plus VAT per annum
OUTGOINGS: All normal outgoings will be payable by the tenant.
BUILDINGS INSURANCE: The tenant will reimburse to the Landlords the reasonable buildings insurance premium in
respect of the property.
MAINTENANCE: The tenant will be responsible for keeping the whole of the demised premises in good and
tenantable repair and decoration throughout the term.
USE: The use of the property will be subject to the Landlord's approval in the normal way.
VIEWING
By Appointment.
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