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Units 1, 2, 3 and 4, Momentum Place, Off Nook Lane, Preston, PR5 6EF

Full Details

Rental: £7,300 per annum plus VAT

Location

The units are situated on the popular Momentum Place Business Park, to the rear of the large B & Q retail warehouse at Bamber Bridge, close to Junction 1 of the M65 motorway. In addition Junction 29 of the M6 is a short drive from the units.

Description

Comprising a series of high quality modern industrial/workshop units ranging in size from 731 to 2,924 sq.ft. Each unit has the benefit of glazed entrance area allowing the unit to be used for a number of alternative uses, including office, trade counter, industrial, retail, leisure or warehousing (subject to planning). Internally the units have the benefit of a solid concrete floor, WC/amenity facilities to the rear, an eaves height of approximately 14ft rising to 23ft. Externally there is parking for 2 vehicles per unit, although additional shared parking for the development is within a short walk of the various units.

Accommodation

The Gross Internal Area of the individual units is as follows:

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Unit Size Rent Rateable Value
Unit 1 731 sq.ft £7,300 pa £5,700
Unit 2 731 sq.ft £7,300 pa £5,700
Unit 3 731 sq.ft £7,300 pa £5,700
Unit 4 731 sq.ft £7,300 pa £5,700

It is possible to combine a number of units to create up to 2,924 sq.ft of accommodation.  Full details on request.

Services

With the exception of gas, all mains services are available

Rating

See attached schedule. As the individual assessments are below the current threshold for small business rates relief it is possible that eligible businesses would be able to claim full relief. If a combination of units are to be taken the Rateable Value will need to be reassessed. Full details on request.

Lease Terms

The individual unis are available by way of new leases for a minimum period of 3 years on full repairing and insuring terms. The lease will be contracted out of the security of tenure provisions of the Landlord and Tenant Act.

Rent Deposit

A rent deposit will be required from the ingoing tenant. Full details on request.

VAT

VAT is applicable at the prevailing rate

Service Charge

A service charge will be levied on occupiers of the estate to cover the costs of landscaped areas, gritting, external lighting, etc. Full details on request

Building Insurance

Landlord to insure the building and charge the premium to the tenant, subject to use. Full details on request

Rental

£7,300 per annum plus VAT

Availability

The units are available for immediate occupation

Legal Costs

The ingoing tenant will be responsible for the landlord's reasonable legal costs, including any VAT.

Planning

It is understood that B1(c) light industry uses will be permitted. Under permitted change rules, where the unit is more than 235 sq.m, B8 (storage and distribution) use will be allowed. Interested parties are recommended to contact the planning department of South Ribble Borough Council to discuss their proposed uses in greater detail.

Viewing

Strictly through agents Taylor Weaver (Neil Weaver) 01257 204900