Property Type | Industrial |
Tenure | To Let |
Size | 3,522 sq ft |
Rent | £24,500 per annum |
Business Rates | based on 2023 valuation |
Rateable Value | £17,500 |
Energy Performance Rating | This property has been graded as D (100) |
The property comprises an end of terrace light industrial/warehouse unit of masonry and steel frame with a profiled metal pitched roof and brick work walls. Internally the unit provides an office/showroom space to the front accessed by a full height glazed customer entrance with clear span storage/workshop accommodation. The warehouse is fitted with a roller shutter door to the rear, painted concrete floor, three phase electricity and a gas fired hot air blower. The internal eaves height measures 3 meters. The offices/trade counter comprise of plastered and emulsioned walls, spot lighting, suspended ceilings and male and female WCs.
Externally the property benefits from a gated concrete yard to the rear with access from Hampstead Avenue. Communal customer parking is also provided.
The accommodation comprises the following areas:
Name | sq ft | sq m | Availability |
---|---|---|---|
Ground - Warehouse | 2,407 | 223.62 | Available |
Ground - Office/Showroom | 1,114 | 103.49 | Available |
Total | 3,521 | 327.11 |
The unit is situated on Chiswick Avenue which forms part of the Mildenhall Industrial Estate, approximately one mile north of Mildenhall Town Centre. Mildenhall is situated immediately adjacent to the A11, which provides excellent access between Norwich and the A14/M11 linking the eastern coastal ports to the Midlands. The military bases of RAF Mildenhall and RAF Lakenheath are both within close proximity to the property
The tenant will be required to make a £350 +VAT contribution towards the Landlords cost of issuing a new lease
A fixed Estates Charge of £735 plus VAT is levied as a contribution towards the upkeep of common areas and insurance.
The Tenant is to enter into a Power Purchase Agreement with the Landlord for the duration of the lease. This will allow the Tenant to purchase the energy generated by the PV panels at a cheaper rate. The current rate is £0.15 per KwH.