Mercian Park – Ilkeston – Unit 1a

Location

The property occupies a prominent position on the established Manners Industrial Estate in Ilkeston.

The Property

The property comprises a modern industrial unit of steel portal frame construction with brick and blockwork elevations surmounted by profiled steel cladding and a similar clad pitched roof.

The unit benefits from a minimum eaves height of 5m (16′ 4″) in the warehouse space with vehicular access via an up and over insulated sectional door.

The offices on this unit are located on the inside of the building with access being via the external steel security door adjacent to the main section shutter door.

The open plan office block also contains a kitchenette/mess room and disabled access toilet. There is a additional toilet in the works area also.

Electric heating included in the offices and toilets.

Inside the unit the area above the office block can be used for light storage.

Car parking for 6 cars plus additional communal spaces.

Services:

Mains water, electricity and telecom are available and connected to the property.

Town & Country Planning

Class B1 (light industrial) with an automatic change of use under the General Development Order 1988 to Class B8 (storage and distribution).

Rates

Rates will be payable to Erewash Borough Council.

Tenure

The unit is available by way of a full repairing and insuring lease for a minimum term of three years. Longer term leases can also be arranged with break clauses at intervals to suit individual requirements. Rent reviews are usually every three years with the commencing rent currently set at:

£30,000   per annum exclusive

Service Charge

A service charge equivalent to 9.75% of the rent will be levied to cover the upkeep and maintenance of the building and common parts of the estate. Annual building insurance will also be charged, details available upon request.

Building Insurance

The Landlord will arrange and provide annual building insurance to cover the structure of the building (not contents) and the tenant will be charged for this.

Rent/Security Deposit

A £10,000 security deposit is required and will be held by the Landlord in a deposit account until termination of the lease. At this point the deposit will be returned to the tenant less the cost of any remedial work required.

Legal Costs

The tenant will be required to contribute £750 plus VAT towards the costs incurred in documenting the transaction.

VAT

VAT is chargeable in addition to all costs.

Viewing

By appointment please.