Small Industrial Units On Marlow Road Lease For Sale

Business description

MARLOW ROAD LEICESTER
INDUSTRIAL UNITS TO LET
£45 p/w exc
Small industrial units approx. 400 sqft with 3 phase electrics and parking on a CCTV monitored site.

LOCATION
Marlow Road is located just off the Narborough Road
which is the main arterial route into the City from the
M1/M69 Junction 21.

DESCRIPTION
The properties are single storey units of brick/block
construction with tiled mono-pitch roofs over.
The units typically have separate pedestrian and vehicle
access and would be suitable for a variety of workshop/
industrial uses.
The premises form part of Marlow Road Industrial Estate
which benefit from a gated entrance which is locked
between 7.00 p.m. and 7.00 a.m. and also monitored
closed circuit television cameras.
Ground Floor
Internal Width 24’3” 7.39m
Maximum Depth 16’4” 4.98m
Total Floor Area 400 sq ft 37.16m²
Including W.C./Cloaks
Outside to the front of the units there is hardstanding for
2 cars/light vans

TOWN & COUNTRY PLANNING
We have been verbally informed by the Planning
Department of Leicester City Council that the subject
premises have an existing use under Class B1 (light
industrial) of the Town & Country Planning (Use Classes)
Order 1987.

RATEABLE VALUE
The rateable values of the premises have varying
rateable values which when multiplied by the Uniform
Business Rate (currently £0.422 including small business
relief) results in the following:
Rateable Value: £2,500.00
Rates Payable 2006/2007: £1,055.00
Rateable Value: £2,850.00
Rates Payable 2006/2007: £1,202.70

LEASE
The premises are available on a new full repairing and
insuring basis for a term to be agreed.

RENTAL
The commencing rent under the Lease will be £45 per
week exclusive (payable in monthly installments in
advance i.e. £195 pm).

DEPOSIT
Tenants will be required to pay a security deposit of
£600.00 to be held by the Landlord’s Agent for the term
of the Tenancy, this will be refunded on vacation provided
all Lease terms have been complied with.

LEGAL COSTS
The ingoing Tenant will be responsible for the Landlord’s
legal costs incurred in connection with the Agreement of
£175.00 plus VAT.

Property information

Property:

Leasehold