The building is of steel frame construction with profile steel wall and roof claddings and has been constructed for a showroom use with extensive mezzanine area.
The unit may be suitable for alternative uses, such as gym, soft-play centre, etc., although such uses would require planning for E(d) Leisure and head Landlord's consent.
( Agency Pilot Software ref: 873 )
Location
The unit occupies a self-contained site fronting Rabans Lane in the heart of the Rabans Lane Industrial Estate, approximately 1.5 miles to the east of Aylesbury town centre. The A41 and Aston Clinton by-pass gives access to the M25 and M40 motorways.
Accommodation
Hall 1 Ground Floor Showroom - 1,057.00 sq.m (16,229 sq.ft.)
Rear Showroom - 7.79 sq.m (945 sq.ft.)
Showroom Front / Offices - 250.74 sq.m (2699 sq.ft.)
Total - 1,846.21 sq.m (19,871 sq.ft.)
Terms
GROUND LEASE TERMS – The building is held on ground lease terms as follows:- Hall 1 – (0.87 Acre site) is held on a 125-year lease from 19th June 1997 (expiring in 2122), i.e. 101 years unexpired. The rent passing is £36,500 per annum, with indexed rent reviews every 10 years, the next rent review being due on 22nd April 2033.
PRICE – £925,000 for the long leasehold interest.
RATES – To be separately assessed.
LEGAL COSTS – Each party to be responsible for their own legal costs involved in the transaction. ENERGY PERFORMANCE RATING: B – 39