Summary
The property comprises 2 industrial / warehouse buildings with a 2 storey brick built office pod at the front of the first building, side vehicular access to a rear yard area to a separate second detached building at the rear of the site.
The front office entrance comprises a ground floor entrance hall with burglar alarm, fire alarm, reception office, 4 further offices and internal staircase to first floor offices which are partitioned to form a number of rooms.
Ground floor and first floor Gross Internal Areas are 1,162 sq ft each.
Warehouse 1 has an eaves height to the underside of haunch of 10 ft (3.04m) with overall dimensions of 68 ft 9 in x 108 ft (20.96m x 32.96m) comprising a single portal frame with fluorescent strip lights hanging from the steels, ducted heating system with a floor mounted gas fired boiler, roller door to the front elevation and roller door to the side elevation.
The space is divided by brick-built stores including works WC, 2 storerooms, work office.
The second warehouse area comprises 144 ft x 69 ft (44m x 21m) of a similar portal frame construction with clad and insulated roof, fluorescent strip lights, roller door to the side with external canopy (5 metre width) and a further roller door. There are further workshop rooms, office and canteen / Ladies and Gents toilets.
The separate rear building is L shaped, 36 ft 9 in x 51 ft + 27.6 x 25.5 (11.19m x 15.54m + 8.428m x 7.7m) with a height to underside of haunch of 27 ft 9 in (8.45m), roller door, overhead lighting, overhead gas blower and works WC.
Total floor Area therefore, comprises:-
Front Building: 17,330 sq ft (1,610 sqm) plus 2 offices (1,162 sq ft each)
Rear Building: 2,570 sq ft (238.76 sqm)
With there being an external yard area adjacent to Building 2 with hardstanding for HGVs, 8 car parking spaces at the rear of the building and a further tarmac drive, and car parking for 11 cars at the front of the building.
Key Points
Site Area: 0.903 Acre (0.37 Hectare)Floor Area 22,224 sq ft (2064.68 sqm)Possession Available December 2023
Viewings
Strictly by prior arrangement with the sole agents:
William J Wareing FRICS
T 01926 430700 • M 07715 001018
E bill.wareing@wareingandcompany.co.uk
Jonathan M Blood MRICS
T 01926 430700 • M 07736 809963
E Jonathan.blood@wareingandcompany.co.uk
Rent
A rental of £155,000 per annum (exclusive) on the basis of a 10 year full repairing and insuring lease.
Price
Offers in the region of £2M for the freehold interest.
Location
The property is located approximately 1 mile north of Warwick Town Centre fronting Wedgnock Lane on the Wedgnock Industrial Estate at its junction with Haywood Road. It is to the south of the former IBM campus and adjacent to the company Headquarters of MCS Construction and adjacent to other occupiers such as Schenck and Trust Pet Foods. On the opposite side of Wedgnock Lane is the Volvo Truck & Bus offices, and Maxi Haulage facility is a short distance away.
The property has direct road access to the A46 Warwick Bypass and thereby to Junction 15 of the M40, the A45, M1, M45 and M6.