About this property

Detailed Description

Unit 2 is a detached Industrial /Warehouse Unit of steel portal frame construction covered with profiled and insulated metal cladding. The roof covering contains translucent roof light panels providing natural light. Internally the property is predominately an open-plan Warehouse with a Kitchen, Store & WC on the Ground Floor and 2 Offices on the First Floor. The Unit has a 3 phase electricity supply, concrete floor, electric roller shutter door and LED spotlights.

The property has a minimum eaves height of approximately 5.6m and maximum ridge height of 7.0m. Externally there a concrete Yard/Car Park to front for
approximately 5/6 cars.

Location

Middle Enterprise Way is an established Commercial location situated on the edge of the village of Old Dalby which is located off the A607 approximately 9 miles from the Town of Melton Mowbray and 15 miles from the City of Leicester from which easy access to the M1 motorway can be obtained. The Business Park is home to a number of Manufacturing and Logistics Businesses.

Accommodation

In terms of gross internal area, the property comprises as follows:

Description | m2 | Sq.ft
Warehouse/Industrial Unit | 192.7 | 2,074
Store/Kitchen & WC | 21.9 | 236
First Floor - 2 Offices | 31.1 | 335
Total (GIA) | 245.7 | 2,645

Business Rates

Interested parties are advised to contact Melton Borough Council on 01664 502502 to establish the level of Business Rates payable.

Services

We understand that the property is connected to electricity (3 phase), water and drainage.

We have not carried out any tests on any of the services and appliances believed to be present at the property and potential purchasers should arrange for their own tests to ensure that any services are adequate and in good working order prior to committing to purchase this property

Viewing

For further information or to arrange a viewing please contact:

Brown&Co William Gaunt
5 Oakwood Road 01522 504322
Lincoln 07919694235
LN6 3LH william.gaunt@brown-co.com

VAT

We understand that the property is not elected for VAT.

Legal Costs

Each party will be responsible for their own legal costs incurred in respect of any sale negotiated.

Other

EPC
The Unit has an EPC Rating of TBC

TOWN AND COUNTRY PLANNING
The property has been used for Light Industrial/Warehouse purposes and as such has an established use now falling under Use Class E.
For further information in respect of planning-related matters, prospective purchasers should contact Melton Borough Council on 01664 502502.

Terms

LEASE/RENTAL TERMS
We have been advised the property is currently let to The Muzzle Movement Limited (Company No: 14652453) at a rent of £24,000 per annum which expires on the 1st April 2028. For the year ending 28/02/2025 the company accounts show shareholders funds of approximately £132,000.

ASKING PRICE
We are offering the freehold interest for £325,000 subject to the existing tenancy with The Muzzle Movement Limited.