STAMFORD ESTATE AGENTS

DESCRIPTION:  Purpose built industrial units ranging from 800 sq ft to 4,250 sq ft on well maintained industrial site.  Most units have their own kitchen and toilet facilities.  The units have good natural lighting and access is via roller shutter doors and there is ample car parking in front of each unit.

LOCATION:  King Street Industrial Estate is situated approximately five miles east of Stamford with easy access to Peterborough, Market Deeping, Bourne and Spalding.  The estate stands in open countryside and is well served with tarmac roadways and neatly kept grounds which are well lit at night.

Tenants are responsible for paying their own electricity, water, business rates, telephone, etc.  Drainage is to a septic tank on the site.

LEASE: The properties are available on new leases for a minimum term of three years on full repairing terms, the rent is payable quarterly in advance.  A deposit equal to one quarter's rent is also payable at the commencement of the lease.  Applicants to bear their own legal costs as well as land lords reasonable legal costs.

VAT: VAT at prevailing rate (currently 17.5%) will be charged on the rent.

BUSINESS RATES:  Rateable Values: Unit 1 - £18,500.  Unit 2C - £2,800.  Unit 3B - £11,750.  Unit 9 £3,500.  Unit 10 - £3,500.  UBR charged at 46.2p/£.

DIRECTIONS:   From Stamford take the A16 east to West Deeping.  Turn left at the crossroads, the site is approximately ½ mile ahead on the right.

INSPECTION:  Easily arranged by prior appointment through Paul Johnson Property Consultants.  If you are travelling a long distance, please telephone before departure to ensure the property is still available.

REFERENCES: Good bank and trade references are required.

INTERESTED?:  All offers and negotiations to be conducted through Paul Johnson Property Consultants, subject to contract.   2491 – 02/09/2008

These particulars do not constitute any part of an offer or contract.  None of the statements contained in these particulars are to be relied on as statements or representations of fact and any intending purchaser must satisfy themselves by inspection or otherwise to the correctness of each of the statements contained in these particulars.  The Vendor does not make or give and neither Paul Johnson Property Consultants, nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation hereto.

 
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13th March 2009 – Subject to Contract

Industrial space to let

 SIZE RENT SERVICE CHARGE BUILDINGS RATEABLE
PROPERTY (SQ FT) (PER ANNUM) (PER ANNUM) INSURANCE VALUE NOTES / INCLUDED FEATURES

Unit 1     4,250 £19,125 £2,550 £749 £22,500 Inc. yard, offices, toilets, kitchen

Unit 2C    900 £4,475 Inc Inc £2,800 Warehouse only.

Unit 5     2,000 £9,250 £1,200 £320 £9,000 Workshop with office, toilets, kitchen

Unit 10 800 £4,000 £600 £120 £3,500 Workshop with toilet

Unit 16  1,600 £8,800 £1,000 £250 TBC Workshop with offices, toilets, kitchen

1. Available on new full repairing and insuring lease, for a term to be negotiated
2. Rent payable quarterly in advance on the usual quarter days
3. A guarantee or security deposit may be required
4. Service charge covers provision of on-site services (e.g. waste disposal, emptying of septic tanks, site caretaker's services) and a contribution
 to the cost of maintaining and monitoring security systems (e.g. 24 hour CCTV, automated gate, perimeter alarms and fencing)
5. Buildings insurance is approx figure based on current year
6. All prices are plus VAT
7. E&OE