Commercial Property Chartered Surveyors and Valuers

Blackburn Office01254 699 030

Chorley Office01257 204 900

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Blackburn Road, Simonstone, BB12 8UE

Full Details

Price: First Phase from £85,500 plus VAT

Rental: From £7,500 per annum

Location

The development is situated close to Junction 8 of the M65 motorway in an established business location. Occupiers in the vicinity include The Time Technology Park, The Pensions Office, Group First, Fagan & Whalley and What More UK Ltd.

Description

The development comprises two blocks of high quality small workshop space providing a series of units from 750 sq.ft upwards. The first phase has been released, with the rear block to be released in the near future. The units will provide feature brick and insulated steel clad walls under an insulated pitched roof. They will have solid concrete floor, minimum eaves height of around 6m and be fully DDI compliant, incorporating disabled toilets, kitchen facility, emergency lighting and fire alarm. Each unit will have either a roller shutter door or glazed entrance with personnel access. Additional features to be confirmed in due course.

Accommodation

The following units are available :

.

Phase 1

Unit Size (sq.ft) Price Rent (pa)
1 750 Under Offer £7,500
2 750 Under Offer £7,500
3 750 Under Offer £7,500
4 750 Under Offer £7,500
5 750 Under Offer £7,500
6 750 Under Offer £7,500
7 750 Under Offer £7,500
8 750 £85,500 £7,500
9 750 Under Offer £7,500
10 750 Under Offer £7,500

Phase 2 will be released in due course.

Services

Each unit will have the benefit of 3 phase electric and mains water/sewerage, no gas.

Rating

Each unit will require assessment upon completion It is anticipated that the majority of the units will be below the rateable value threshold of £12,000 and that subject to occupiers meeting eligible criteria they may be able to claim small business rate relief. Full details on request.

Lease Terms

Units are available to lease for a minimum period of 3 years on full repairing and insuring terms.

VAT

VAT will be charged at the prevailing rate

Service Charge

A service charge will be levied on occupiers on the estate to cover the costs of the landscaped areas, gritting, external lighting, etc. It is anticipated the costs will be in the region of 50p per sq.ft, based on the footprint.

Tenure

On the basis interested parties purchase a unit they will be sold on a long leasehold basis for a period of 250 years at a ground rent of £250 per annum, reviewable every 5 years.

Price

First Phase from £85,500 plus VAT

Rental

From £7,500 per annum

Legal Costs

Each party to be responsible for their own legal costs

Planning

B1 (Business) uses will be permitted. We understand that under permitted change rules, where the units are no more than 500 sq.m, B8 (Storage and Distribution) uses will be allowed. Interested parties are recommended to contact the planning department at Ribble Valley Borough Council for further information.

Viewing

Strictly through agents Taylor Weaver (Neil Weaver) 01254 699030 neil@taylorweaver.co.uk