About this property

Detailed Description

The King's Lynn Enterprise Park is an ambitious development designed to attract high quality employers to King's Lynn. Planning consent has been granted for a maximum of 56 units comprised of a mixture of general industrial, light industrial and offices. 5-7 Peterborough Road is an example of the high standard of build provided by the Borough Council of King's Lynn & West Norfolk.
The properties each provide a gross internal area of approximately 937.94m (10,096 ft). They each include generous Grade A ground and first floor office accommodation with a large, glazed entrance lobby, W/Cs (with shower), kitchen facilities and a lift.
Furthermore, the industrial unit element comprises a power-floated concrete floor, with integrated plant room, twin double-height highspeed up-and-over doors, LED lighting and a minimum eaves height of 6.8m. Externally, the properties have generous concrete yard and parking areas which wrap around the building.
The units can also be combined to create one larger building.

Location

King's Lynn, West Norfolk is located 36 miles northeast of Peterborough, 44 miles north-east of Cambridge, 44 miles west of Norwich, and 98 miles north of London. The King's Lynn Enterprise Park's location is south of the town. It offers easy access to key transport corridors along the A47, A10, and A17, acting as a gateway to Norfolk, Cambridge, and the Midlands.A direct hourly rail service to London operates from King's Lynn train station. The Port of King's Lynn offers dock handling facilities giving access to northern European and Scandinavian markets.The King's Lynn Enterprise Park currently accommodates the King's Lynn Innovation Centre, a brand-new NHS Medical Centre, and a first phase of industrial and office development.The site is within close proximity to the Hardwick Industrial Estate, Horsley Fields, and Southgate's Roundabout with Kellar Place development (Starbucks, Travelodge and Gatehouse). A number of national and international retailers are located across the various Hardwick Retail Parks.

Accommodation

The property has the following (approximate) gross internal floor area:
Unit 5 including kitchen & W/Cs: 937.94 sqm (10,096 sqft)
Overall: 937.94 sqm (10,096 sqft)

Business Rates

The current Business rates apply to units 5 and 7.
Rateable Value: £155,000 / Rates Payable: £86,025

Services

All main services, including 3-phase electrical supply and super fast broadband.

Viewing

Strictly by appointment with the Letting Agent.

VAT

VAT will be charged on the rent.

Legal Costs

The incoming tenant will be responsible for reasonable legal and surveyor costs incurred in this transaction.

Other

EPC
Unit 5 has an EPC rating of B.

Terms

5 Peterborough Road is available leasehold at a rent of £91,000 pax.
The surrounding plots are available from £375,000 per acre.