Summary
An end terraced former pot bank, tastefully converted into a flexible and versatile industrial unit with a range of suitable uses. The current tenant is in the process of moving out of the property and is looking to assign
for the remaining three and half years of the contract. There may be the option of a fresh lease with the current landlord who can be approached by the agent. The unit is separated by ground and first floor and accessed via the main entrance at the front of the building. Each floor has a range of separate offices, bathrooms and staff areas but benefit from large open plan work spaces with load bearing concrete floors, gas powered central heating and natural light from the front of the building. There may be an option to rent one floor rather than the whole building, with interested parties encouraged to call to discuss.
Key Points
GIA: 13,197 sq ftDesignated parking to the side with managers parking oppositeFlexible rental terms availableEPC – E (122)
Business Rates
Each unit is assessed separately and as such, the site can be split into one, two or three units.
Unit 21
Rateable Value: £13,500
Rates Payable: £6,736.50
Unit 22
Rateable Value: £6,100
Rates Payable: 3,043.90
Unit 22a
Rateable Value: £5,000
Rates Payable: £2,495
Note: Small Business Rates Relief may be applicable to some ingoing tenants but applicants are encouraged to do their own research with the Valuation Office.
Rent
Year 1 is £35,760pa with a rent increase to £40,000pa in May 2026, and £45,000pa in May 2027 onwards.
VAT
The rent is subject to VAT.
Services
Mains electricity, gas, water and drainage are connected. No services have been tested by the agents.
Tenure
Available by way of a new Full Repairing and Insuring lease, contracted outside of the Landlord & Tenant Act 1954 for a term of years to be agreed. There will be rent reviews every 3 years and each party will bear their own legal costs associated with the lease.
Anti Money Laundering Regulations
In accordance with the anti-money laundering regulations, two forms of identification will be required (e.g. photographic driving license, passport, utility bill) from the applicant and a credit check may also be required, the cost of which will be the responsibility of the applicant. Where appropriate we will also need to see proof of funds.
Location
The unit is located on Whieldon Road Industrial Estate around 200 m from the A500. The unit is surrounded by similar industrial and office type buildings and businesses with HGV access via the rear and side.