Phoenix Enterprise Park, South Lowestoft Industrial Estate

Description

LOCATION
Lowestoft is a town located to the north of Suffolk 30 miles from Norwich, 40 miles from Ipswich and 130 miles from London. The units are well located with easy access onto the A47 and wider highway network. Lowestoft is actively involved in fabrication and support for the offshore renewables business. CEFAS, a world leader in marine science and technology is based here.

The South Lowestoft Industrial Estate is home to numerous well established businesses including Howdens Joinery, Screwfix and Adande Refrigeration. A brand new retail park is now positioned at the entrance to the estate providing amenities.

DESCRIPTION
Light industrial units built to a very high standard. The units benefit from a 5m minimum eaves height and 7.2m ridge height. There is a large electrically operated roller door to each unit, suitable for heavy goods
vehicles.

All the units have a 3 phase power supply, efficient LED lighting, electrical fittings and are fitted with an accessible/ staff toilet. Some of the units are available with fitted kitchens, offices and space heating. All the units are fitted with high level external lighting.

SERVICES
Gas, electricity, water and mains drainage are connected. Refuse: Communal collection, the cost of which is collected through the service charge. Fire alarms are fitted to each unit.

TERMS
The units are available together or separately. New leases are available for a term of six years with rent for Unit 16 at £18,000 pa and Unit 17 at £21,000 pa.

OUTGOINGS
The tenant is responsible for the payment of all business rates due on the premises. The current rateable value for Unit 16 is £19,250 pa (meaning rates payable in the region of £9,625 pa) and Unit 17 is £18,750 pa (with rates payable in the region of £9,375 pa).

VAT
VAT will be payable on the rent.

SERVICE CHARGE
The Tenant will be responsible for the overall maintenance of the unit including vehicle door maintenance, electricity checks, etc. In addition there will be a service charge covering the estate and grounds maintenance currently estimated at 50p per sq ft, but will be confirmed in due course.

PARKING NOTES
All the units come with allocated car parking spaces.

PLANNING
To use the premises for light industrial, storage and distribution purposes only within class E of the Use Classes Order.

VIEWING
Strictly by appointment with the sole agents, BYCROFT COMMERCIAL, tel: 01493 844489.