•Cold store distribution facility
•Superb logistical location
•20 loading bays
•Ground rent £32,500 pa from 2016
•Long leasehold – see tenure
•Rateable value of £100,000
•Total approx. floor area of 25,056 ft2
The property occupies a strategically superb location, immediately adjacent to junction 18 of the M1 Motorway. More specifically, the property can be accessed from A428 on the eastern side of the M1, which links in with Eldon Way.
Nearby occupiers include Costco Wholesale Uk Distribution centre, Halfords Warehouse, Royal Mail National Distribution Centre and Tesco Daventry Clothing Distribution.
Northampton town centre is approximately 15 miles to the south east via the A428 and Milton Keynes is around 35 miles to the south east. Birmingham is 45 miles to north west and can be accessed by road in approximately 1hr to 1hr 15 minutes.
Currently used as a cold store distribution unit by Sainsbury's, the building is predominantly arranged over the ground floor with some office space to the first floor at the front of the unit.
The building is of a steel portal frame construction, with loading bays to the left and right hand side elevations. There are 10 loading bays to each side of the unit. The loading bays have an eaves height of either 2.30 metres or 2.73 metres, with 8 higher loading bays and 12 lower loading bays.
To the ground floor there is predominantly open plan warehouse space, together with; canteen, changing rooms, and offices to the front of the property.
There is a single storey section to the right hand side elevation providing office space. The first floor offices are mainly open plan, carpeted and have a suspended ceiling with Cat II lighting.
There is good car parking provision to the front of the property and good access to the loading bays on either side of the unit.
1,710.1 m2 / 18, 407 ft2
Ground floor offices, canteen & changing rooms:
451.95 m2 / 4,865 m2
First Floor Offices:
165.75 m2 / 1,784 ft2
The lease is from 24 June 1989 to 23 March 2107, providing an unexpired lease term of approximately 85 years. The current ground rent is £32,500 pa with effect from 30 June 2015. The lease can be provided to interested parties upon request.
VAT is payable on the premium payable for the long leasehold interest.
The lease permits the property to be used within classes B1, B2 and B8.
The property has a rateable value of £100,000.
Please contact a member of John Pye Property on 0115 970 6060 or email [email protected] to arrange an appointment.
EVCL Chill Limited (in Administration) and the Joint Administrators have no direct knowledge of the Premises and accordingly are not in a position to respond to standard preliminary enquiries. The information set out in these marketing particulars and any specific enquiries that are made of the Seller, the Joint Administrators and their agents are provided for information purposes only and are not warranted or represented in any way.