2 - 4 St Leger Drive, Newmarket Business Park, Newmarket, CB8 7DT

The property comprises an industrial/warehouse unit of steel portal frame construction built in 2005 with insulated profile metal sheet clad elevations and roof. It has recently undergone an extensive refurbishment programme.

• Property specification

  • 100 KW PV panels on roof
  • Four electric vehicle charging points
  • New LED lighting throughout
  • 10m eaves height
  • Six electric roller shutter doors
  • 1,391 KVA power supply
  • Power-floated concrete floor
  • Two parking and loading areas with HGV access

• Description

  The property has planning permission for Class B8 (Storage & Distribution) Use. Interested parties are advised to make their own enquiries to West Suffolk District Council Planning Department on (01284) 763 233.

• Accommodation

  The property has the following approximate gross internal floor areas:
  
  Ground Floor (inc. Offices): 6,050.41 sq m / 65,127 sq ft
  First Floor (Offices): 479.10 sq m / 5,157 sq ft
  
  TOTAL: 6,529.51 sq m / 70,284 sq ft

• Services

  A service charge is payable to cover insurance, landscaping, roadway, miscellaneous repairs and maintenance of the common parts of the estate. Further details can be provided upon request.

• Lease terms

  The property is available on a new full repairing and insuring lease, for a term of years to be agreed, at a quoting rent of £703,000 per annum exclusive. VAT will be applicable to the rent.

• Rates

  The property is assessed as follows. Rateable Value £410,000. Rates payable (2023/24): £209,920. The rates are based on a UBR for the current year of 0.512 pence in the pound. Interested parties are advised to make their own enquiries of Anglian Revenues Partnership on (01842) 756 568.

• Legal costs

  Each party to bear their own legal costs.

• Energy perfomance certificate

  The property has an EPC rating of A (24).

• VAT

  VAT will be payable in addition to the rent and service charge.