The property is positioned on Mobbs Way within a brand new courtyard development of nine industrial units. Nearby occupiers include MG Builders, Kingswood Conservatories and Limar Oil Tools UK Limited. Mobbs Way is an established commercial district in the suburbs of Lowestoft with occupiers including Booker Cash & Carry, Hughes TV & Audio, Edmundson Electrical and Christian Salvesen Logistics.
The property comprises a brand new mid-terrace business unit of steel portal frame construction with profile sheet cladded elevations to give a smart business presentation. The unit benefits from pedestrian access and there is also a large electric operated roller shutter door to the front. Internally the unit is uniform in shape and dimension with a concrete power floated floor and six metres minimum eaves height to enable the installation of racking, mezzanine floors or a first floor office space as required. The unit has been built to shell finish awaiting the further fit-out to an occupier’s specifications which can include the installation of an office and toilet, etc. (Any fit-out subject to terms negotiated and in addition to quoting terms.)
Externally the unit benefits from a forecourt area with dedicated parking for four vehicles.
The unit has a gross internal floor area of approximately 139.35 sq m (1500 sq ft).
We believe that mains electricity, water and gas are connected to the front of the unit waiting internal fit-out.
A new lease is available upon terms to be agreed and at a rent in year one of £5,000 pa, year two £12,000 pa and year three and beyond of £12,750 (subject to any subsequent rent reviews).
The fit-out of the unit is to be agreed between landlord and tenant and subject to terms.
The unit is assessed for business rates with a rateable value of £8,300. This means that qualifying businesses will benefit from 100% business rates relief in this location.
The property falls within a Local Development Framework and an Enterprise Zone. Permitted uses include B1 business and B8 storage and distribution.
Trade counter and retail are also possible subject to planning.
Strictly by appointment with the sole agents BYCROFT COMMERCIAL, tel: 01493 844489.