Summary
To Let / Leases for Assignment - ARC Logistics Park combines grade A warehouse units with an adjacent Ecology Park to create an enhanced logistics development with green breakout space. Sustainable features include photovoltaics on every building, LED lighting and the installation of EV charging points, all of which contribute to a reduction in energy use and CO2. Natural light flooding through large windows combined with generous roof-lights in the warehouse reduces the amount of energy needed for lighting and makes the buildings a more pleasant space to work in.
Key Points
Prominent frontage10m eaves35m yard depth400 KVAKitchen / locker roomHigh quality air conditioned offices5 level access loading doors48 car parking spacesEV charging pointsLocation
ARC is strategically located off the A228 provided fast access to both the M20, M2 and M25 motorways, essential for distribution and logistics companies serving London and the wider South East. The Channel Tunnel, and Kent Ports are all within an hour's drive, providing access to Europe and beyond. With 35 million people living within 4.5 hours.
ARC boasts strong public transport links, Snodland railway station 1.1 miles away, and local bus routes close by, plus on site food facilities provided by McDonald’s and Costa. Larkfield and Snodland as a strategic location has attracted both National and local occupiers that include Swegon, Amazon, Brakes, BT, DFS, Dixons KnowHow, DPD, Euro Car Parts, Kier, Polypipe, SIG, Tesco, Waitrose, Marley and XPO.
Terms
Units B & C have an existing 15 year FRI lease which expires 07/07/2036 at a passing rent of £368,719.50 pax (£10.00 per sq ft) on the base unit excluding with tenants extended offices. There is a tenant break on the 7th July 2031, and an upward only rent review on the 7th July 2026 and 2031.
The current tenants have extended the offices, which will be excluded from the lettable area offering an occupier an occupational savings for the remaining term of the lease.
The units combined are offered either on assignment of the unexpired term of the lease at the passing rent or alternatively each unit can be offered on a new sub-lease for a term expiring 6th July 2031 at an open market rent.