Property Summary

Constructed approximately 15 years ago, Unit 10 Warth Park provides a 244,403 sq ft well specified modern industrial and logistics facility. Unit 10 has a total of 29 loading doors 6 of which are level access with canopy provision. The building has a large secure yard area providing ample HGV parking, loading and circulation areas. It has an eaves height of 12.5m. Internally the unit has been well maintained to both office and warehouse areas. The 2 storey offices are attached to the warehouse. The ground floor provides a double height reception area and some offices but for the most part staff welfare and canteen facilities. The first floor is fitted out as mostly open plan office space. The office space is air conditioned via heat pump and has raised floors. The main warehouse area has an FM2 Flat floor, Heating and PIR Led lighting is provided as are separate male and female WC facilities. A drivers hub is positioned internally offering office areas and separate WC facilities. Included with the unit can be over 20,000 pallet spaces together will all fixtures and fittings - Staff could also be available.

Warth Park is located on the A45 main arterial route on the northern edge of Raunds and within a short drive of Rushden, Wellingborough and Thrapston.

6 level access doors with canopies
23 dock level doors
12.5m eaves height
FM2 flat floor
Warehouse heated and lit
Large external yard
211 car parking spaces inc 4 EV chargers
Over 20,000 VNA pallet spaces
600KVa with 500Kva back up
Potential for Staff to be available
New key point...

Terms

Our clients occupy the premises on the basis of a 10 year lease from 16/03/2020. There is a tenant only break clause at the 5th anniversary of the lease (16/03/25) without penalty. The rent passing is £1,472,982 p.a. The lease is drawn on FRI terms and subject to a detailed schedule of condition. Our clients will consider disposal on either the basis of a sublease or assignment (subject to covenant). Alternatively, we have discussed with the landlord the potential for a new longer term lease.

Rent

£6.02 per sq ft Passing rent of £1,472,982 per annum on a lease expiring March 2030 with a review in March 2025.

Business Rates

The Rateable Value is £1,320,000

Area Name

Sq Ft

Sq M

Ground - Warehouse

230,710

21,433.66

Ground - Hub Office

1,065