About this property

Detailed Description

Unit 4c briefly comprises a detached steel portal framed Industrial Unit with brick external elevations under a pitched and insulated profiled asbestos roof covering with a flat roof to the side Entrance Lobby. The Industrial Unit is accessed via a manual sliding door from the front elevation with the property having a 3 phase electricity supply, burglar alarm and which is heated via oil fired radiators to the Offices and ancillary accommodation and with an oil-fired warm air blower to the main space. The property has an eaves height of approximately 2.90m (9' 6") and incorporates two Offices/Meeting Rooms, Kitchen, Entrance Lobby, Store and Ladies & Gentleman's WC facilities.

Externally, the property benefits from a surfaced, gated and fenced Yard to the perimeter of the building.

Sewstern Industrial Estate is fully enclosed with fencing and gates to the perimeter and benefits from floodlighting and monitored CCTV system.

Location

Sewstern Industrial Estate can be found utilising the postcode on the front cover of our Letting Particulars and is situated approximately 4 miles west of the A1 Junction at Colsterworth and approximately 11 miles east of Melton Mowbray and 10 miles south of Grantham.

Sewstern Industrial Estate is an established Commercial location occupying a rural position but strategically located for easy access to the A1.

Accommodation

In terms of gross internal area, the property has the following approximate area:

Description | Sq ft | Sq m
Industrial Unit with Offices | 2,634 | 244.7
Total NIA | 2,634 | 244.7

Business Rates

Unit 4c at Sewstern Industrial Estate is assessed under the 2023 Rating List as a Workshop & Premises with a Rateable Value of £8,900.

Subject to the prospective new tenant meeting certain criteria, it is possible that up to 100% exemption from the payment of Non Domestic Business Rates could be claimed in respect of this property utilising the Government's Small Business Rates Relief Initiative.

For further information and to confirm the level of Business Rates payable and to check eligibility for any Reliefs available, prospective new tenants should contact South Kesteven District Council Tel: 01476 406080.

Services

We understand that the property is connected to mains electricity (with 3 phase supply) together with water and drainage. We understand that mains gas is not available in this location.

We have not carried out tests on any of the services or appliances believed to be connected to the property and interested parties should arrange for their own tests to ensure that services are in good working order and sufficient for their requirements prior to taking a new lease in respect of this property.

Viewing

For further information or to arrange a viewing please contact:

Brown & Co
William Gaunt
01522 457800
07919 694235
william.gaunt@brown-co.com

VAT

The asking rent quoted herein is exclusive of, but will be subject to VAT at the prevailing rate.

Legal Costs

The ingoing tenant will be responsible for 50% of the landlords legal costs incurred in respect of any letting negotiated.

Other

EPC RATING
The unit has an EPC Rating of E123 which expires on the 27th June 2031.

SERVICE CHARGE
The tenant are to pay a fair proportion of the costs associated with maintaining the communal external areas within the Estate.

TOWN AND COUNTRY PLANNING
The property was last used as a Workshop with ancillary Offices and as such has an established use now covered by Use Class E.

Prospective tenants should make their own planning-related enquiries regarding this property via South Kesteven District Council. Tel: 01476 406080.

Terms

RENT
We are quoting £13,000 per annum exclusive of VAT, buildings insurance premium and service charge in respect of this property.

LEASE TERMS
The property is to be made available by way of a new effective full repairing and insuring lease for the minimum term of 3 years.