Key Information
- GIA: 36,039 sq ft (3,348.11 sqm)
- 5 Industrial units with office accommodation
- Situated on a 2.01 acre (0.81 ha) site
- Rare freehold opportunity within an established industrial location
- £1,550,000 for the Freehold
The property consists of five industrial and warehouse units. Unit 1 is a modern warehouse comprising of a steel portal frame construction with profile sheet elevations, and a pitched roof. It features a roller shutter door leading to the front yard and includes a mezzanine area accessed via a ladder. The second unit, Unit 10 is the oldest unit on the site, comprising a main factory area accessible via a roller shutter door from the yard. To the rear, it has a smaller factory section with a staff room and WCs. Attached to this unit is the site office, which includes open-plan office and a reception area, along with two meeting rooms. Unit 2 shares a similar modern design as that of Unit 1, featuring profile sheet elevations and a pitched roof, and is currently used for storage purposes by the current occupiers. Unit 3 is the largest and most recently constructed unit on the site with a 6 meter eaves height and has interconnected access with Units 1 and 2. Finally, Unit 4 is a semi-permanent modular unit located near the site entrance, providing additional storage space. Externally, the property benefits from a gravel parking area between unit 1 & unit 10 providing 11 car parking spaces. Additionally, there is a staff car park located to the North West end of the site.
Location
The property is situated to the South of the town of Langar, off Harby Road, within the establsihed Langar Airfield industrial area. The property has excellent road communications with Harby Road providing direct access to the A52 which in turn provides access to Nottingham, the A1 motorway as well as the wider motoray network. Nearby occupiers include Proctors Transport, Lacus Felt, The CDA Group and John Deere.
VAT
VAT is applicable.
Rates
From enquiries of the Valuation Office Agency (VOA) website we understand the business rates are as follow: Rateable value : £111,000 Estimated Rates Payable 2024/2025: £60,606 per annum. (This information is given for guidance purposes only and prospective occupiers are advised to make their own enquiries with the VOA)
EPC
The property has the following EPCs: Unit 10: D (78) Unit 1: E (112) Unit 2 & 3: C (58) Please note, Unit 4 (modular unit) does not require an EPC.
Legal Costs
Each party is to bear their own legal costs incurred.
Accommodation
Measurements are quoted on a Gross Internal basis in accordance with the RICS Property Measurement Second Edition. All parties are advised to carry out their own measurements.
Planning
We understand the property benefits from planning consent for B8 (Storage & Distribution) B2 (General Industrial). This information is given for guidance purposes only and prospective parties are advised to make their own enquiries of the local authority.
Viewing
Viewings are by appointment with sole agents Innes England