Industrial unit to rent
Property description & features
LOCATION
W3W///recital.resold.tenure
Situated to the north of the B3153 at Lovington between Lyford on Fosse and Castle Cary. Well situated to provide good access to the A37 and A303.
DESCRIPTION
Versatile light industrial/workshop or warehouse unit extending to approximately 242.24sqm / 2,607sqft. Available to let on new lease terms.
ACCOMMODATION
Largely of regular shape but the building is split in two parts, each with a doorway on the northern elevation as per the floor layout plan overleaf. The principal workshop has a max depth of 15.22m and max width of 14.52m. There is a split level with a concrete plinth installed by a previous tenant which could be removed if desired. The building would benefit from tenants fit out.
Minimum eaves height of 2.7m rising to maximum height of 6.38m
SERVICES
We understand the unit benefits from connection to mains water and electricity. There is 3 phase electricity to the wider site. Shared WCs. Services and appliances not tested.
TERMS
The asking rent is predicated on a lease on broadly the following terms
• Immediately available on a new lease
• Full repairing and insuring equivalent basis
• Annual mutual break clauses
• Lease to be excluded from the provisions of the Landlord & Tenant Act 1954 Sections 24-28 inclusive (i.e. no automatic right to renew at lease expiry)
• Tenant to contribute £500 + VAT towards Landlord’s proper and reasonable legal costs
• Deposit subject to references/credit checks.
OUTGOINGS
A search on the Valuation Office Agency website reveals this unit has a Rateable Value of £8,600 (2023 List). This is not the rates payable. Small rates relief may apply.
VAT
We understand that VAT is currently payable on the rent.
LEGAL COSTS
Tenant to contribute £500 + VAT towards Landlord’s proper and reasonable legal costs
PARKING NOTES
On site parking to the front of the property. Additional parking by separate negotiation
PLANNING
We assume the unit benefits from consent for Class E – Commercial, Business and Service type uses. Interested parties must satisfy themselves.
Somerset Council (former South Somerset area)
VIEWING
By appointment only through the sole agents Cooper and Tanner –[use Contact Agent Button]
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