| Property Type | Industrial |
| Tenure | To Let |
| Size | 728 sq ft |
| Rent | £9,500 per annum |
| Business Rates | £3,293.40 per annum from 1 April 2023 |
| Rateable Value | £6,600 |
| Energy Performance Rating | This property has been graded as D (82) |
Unit 16 Craven Way provides a to be refurbished, end of terrace, storage/workshop unit with concrete floor, blockwork walls, open out wooden doors with an electric roller shutter and one WC, all under a corrugated sheet roof with translucent panel insert.
The maximum eaves of the building is 3.941m and the minimum eaves is 2.830m.
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
|---|---|---|---|
| Ground | 728 | 67.63 | Available |
| Total | 728 | 67.63 |
Craven Way is situated approximately 1 mile north west of Newmarket town centre accessed via Exning Road and Depot Road. The area forms an established commercial location and benefits from being within approximately 1.5 miles from Junction 37 of the A14.
The Unit is available by way of a new lease on terms to be agreed.
From 1 April 2023, the property appears in the ratings list with a rateable value of £6,800. Qualifying occupiers will be entitled to claim Small Business Rates Relief where nil rates would be payable.
The tenant will be required to make a £350 +VAT contribution towards the Landlords cost of the producing the lease.
An estates charge is levied for the upkeep of the common areas of the estate which will be a minimum contribution of £250 +VAT per annum.
The property is not currently elected for VAT.
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