Distribution warehouse to rent

LOCATION
Situated in a strategic location with good access to major road links, especially the A17; a vital route for both local and regional traffic. The property itself sits to the rear of the H Z Logistics premises. The property is within easy reach of local centres including Holbeach (2 miles), Spalding (10 miles), Kings Lynn (25 miles), Wisbech (20 miles), Peterborough (25 miles), Newark (45 miles), Boston (20 miles).

DESCRIPTION
The buildings are of steel portal frame construction with concrete floors and corrugated cladding walls. The roofs are corrugated clad and contain transparent roof lights. The buildings are lit with ceiling suspended LED lights. The accommodation is split into two sections – both sections have roller shutter doors on the West elevations and the South building has a second roller shutter door on the South elevation, which will be the primary access for the buildings. Storage and car parking facilities are available onsite – the exact location onsite and details are to be agreed. WC facilities will be available onsite – details to follow.

ACCOMMODATION
North Property:
East Section - 885.97 sq. m. (9,536 sq. ft.)
West Section - 1,325.25 sq. m. (14,265 sq. ft.)
Combined Area - 2,211.29 sq. m. (23,801 sq. ft.)

South Property:
Internal Area - 1,955.75 sq. m. (21,051 sq. ft.)

Total Combined Net Internal Area: Approximately 4,167 sq. m. (44,852 sq. ft.)

The eve heights range between approx. 3.70m and 7.20m.

SERVICES
We understand the property has the benefit of mains water, foul drainage and electric.

TERMS
The property is offered To Let on a new lease, under the following terms:
• The lease will be on a full repairing and insuring basis.
• The lease will be for a minimum term of 3 Years.
• The lease will be contracted out of the Security of Tenure Provisions of the Landlord and Tenant Act sub-sections 24-28.
• The rent will be payable monthly in advance.
• The tenant will be required to pay a deposit of £10,000.
• The tenant will not be permitted to assign or sub-let the premises without the landlord’s prior consent.
• VAT will be payable in addition to the rent per annum.

OUTGOINGS
The tenant will be responsible for the payment of all Business Rates. The Rateable Value of the whole property on the 2023 list is £106,000. Interested parties are advised to contact South Holland District Council to confirm the exact amount of rates payable for the area being let.

LEGAL COSTS
Each party will be responsible for their own legal costs.

PARKING NOTES
Storage and car parking facilities are available onsite – the exact location onsite and details are to be agreed.

OTHER
Insurance:
The tenant is to reimburse to the landlord the buildings insurance premium in respect of the property. This will be subject to review and will be payable annually in advance. The tenant will be responsible for insuring their use, the contents and for maintaining a Public Liability policy. Further details available upon request.

Outgoings:
The tenant will be responsible for all business rates, services/utilities and outgoings in connection with the premises.

Energy Performance Certificate:
EPC to follow - on order.

VIEWING
Viewings are by appointment only with R Longstaff & Co LLP Bourne Commercial Department.
Please call our Bourne Office to arrange an appointment.