Heavy industrial

LOCATION
The premises are located on the outskirts of Coates, a growing Fenland village. Access is by way of a part-tarmac, part hardcore road off March Road (A605). Coates lies approximately 7.5 miles east of Peterborough and 16 miles north of Huntingdon, both of which provide good links to the A1 and A14.

DESCRIPTION
A food packing and distribution facility extending in total to approximately 2,397 sq m (25,800 sq ft) sitting on a site extending to approximately 0.9 Hectare (2.23 Acres) Subject to Measured Survey. The property has most recently been utilised for soft fruit packing but lends itself to a number of alternative food uses subject to any necessary planning consents. Additional mezzanine storage above the property is available, if required, by separate negotiation.

ACCOMMODATION
"Double Span" Building
Pack House 15.1m x 12.0m 181.0sq m - Ambient
Cold Store 14.5m x 12.0m 172.8 sq m
Cold Store 11.6m x 7.4m 85.9 sq m
Cold Store 11.9m x 7.1m 84.8 sq m
Store 1 10.8m x 6.9m 74.4 sq m
Store 2 10.8m x 6.9m 75.0 sq m
Circulating Area 25.8m x 6.7m (max)159.6 sq m

"Triple Span" Building
Temperature Controlled Warehouse 32.5m x 15.0m 487.5 sq m with QC Office,Transport Office and two Loading Bays
Pack House 24.4m x 14.4m 468.0 sq m
Hygiene Area 6.2m x 3.9m 24.2 sq m
Office 5.0m x 3.9m 19.5 sq m
Print Room 7.0m x 3.9m 27.3 sq m
Circulating Area 14.4m x 4.0m 57.6 sq m
Cold Store 32.4m x 14.8m 479.5 sq m

SERVICES
It is understood that the site benefits from mains electricity (3-phase in the Storage accommodation) and mains water.

TERMS
The property is offered To Let on a new lease on terms to be agreed on a Full Repairing and Insuring basis. The Landlord is willing to consider a short term let.

OUTGOINGS
Rateable Value (2017 List): £69,000
Rateable Value (2023 List): £80,500
Uniform Business Rates 2023/24 51.2p in the £

NB This Rateable Value includes the Mezzanine Storage

Interested parties are advised to make their own enquiries of the Local Rating Authority as to the current rates liability. Although this property is covered by Fenland District Council all enquiries should be directed to Anglia Revenues Partnership, Breckland House, St Nicholas Street, Thetford, Norfolk IP24 1BT[use Contact Agent Button] [use Contact Agent Button]

VAT
We understand that the property has been elected for VAT and that VAT at the prevailing rate is therefore payable on the rent.

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

SERVICE CHARGE
Maintenance and repairs of common areas of the site will be payable on a pro-rata basis depending on how much area is occupied.

PLANNING
The existing uses of the premises are longstanding and deemed lawful and fall within Use Classes B2 General Industrial and B8 Storage and Distribution as defined by the Town and Country (Use Classes) Order 1987 (As Amended).

OTHER
AGENT'S NOTE
Access to the property is via a Right of Way over the rest of the site over the area coloured brown on the plan. There is a further Right of Way in favour of the occupier to the east over the area coloured blue on the plan.

VIEWING
Viewing strictly by appointment with the Agent. For further information please contact Alan Faulkner.