The subject properties comprise of two industrial units constructed of concrete frame surmounted by a pitched asbestos clad roof. Both units benefit from office, wc / kitchen facilities and roller shutter doors. Unit 1 has a yard area benefitting from palisade fence and gates. both units have 2 allocated parking spaces just off the access road to the site.
Location
The subject property is situated on the Sapcote Road Industrial Estate which runs off Sapcote Road itself close to the junction with Burbage Road, Hinckley and also Hinckley Road, Burbage. The property is located on the left hand side as you enter the estate and should be recognisable from the photo.
Hinckley is a market Town with a population in the order of 55,000 (Local Authority 87,000) lying approximately 13 miles to the south west of Leicester. The Town enjoys good motorway communications with junction 1 of the M69, being located on the south eastern fringe of the conurbation approximately 2 miles from the Town centre.
Accommodation
Unit 1: Gross Floor Area 2442 sq ft (226.8 sq m) Including store at the rear currently used for the manufacturing of timber gates and fence panels.
Unit 2: Gross Floor Area 2317 sq ft (215.2 sq m) currently used for the sale of motor vehicles.
Terms
Services – Mains water and drainage are connected to the properties. Mains Electricity is connected to Unit 1 and sub-metered to unit 2.
Rates – As a result of oral enquiry only, we are informed that the entries appearing in the Rating List of the Hinckley & Bosworth Borough Council were:
Rateable Value:
Unit 1: £XXX
Unit 2: £XXX
This is not the amount payable
The actual liability may be subject to relief and / or downward phasing in respect of which regulations are made from time to time. We have not investigated the amount actually payable in respect of the subject property, but would be happy to do so if instructed.
Lease Terms
Unit 1
Term: 5 Years from 6 May 2019
Passing Rent: £XXX per annum exclusive.
Break Clause; End of 3rd Year subject to 6 months notice.
Repairing Liability: Full Repairing & Insuring
Unit 2 (Lease still to be signed)
Term: 2 Years from May 2019
Passing Rent: £XXX per annum exclusive
Repairing Liability: Full Repairing & Insuring
Purchase Price – Offers in the order of £XXX are sought for the freehold interest subject to the existing occupational leases noted above.
Legal Costs – Each party bear their own costs.
Energy Performance Certificate
EPC Rating:
Unit 1; F
Unit 2: D