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LET AGREED

1 & 6, The Old Coal Yard, Folly Lane, Napton, Southam, Warwickshire, CV47 8NZ

POA

ehB Reeves, Leamington Spa
SIZE AVAILABLE

928-2,719 sq ft

86-253 sq m

SECTOR

Light industrial facility to lease

Lease details

Lease available date:
Ask agent
Lease type:
Long term

Key features

  • Unit- 1 - 1,791 sq.ft (166.47 sq.m)
  • Unit 6 - 928 sq.ft (86 sq.m)
  • Available Separatly or As One
  • Available Now
  • Recently Refurbished With New Roofs
  • Rural Location
  • Secure Site

Description

Description

Two units. Class E - Light industrial, storage and offices to let.


Location

The picturesque village of Napton is located 3 miles due east of the market town of Southam, 10 miles south of Rugby, 8 miles west of Daventry, 17 miles north of Banbury and 10 miles east of Leamington Spa. This strategic location is only some 9 miles from the nearest access onto the M40 motorway going both east and west and benefits from the key regional amenities such as the NEC, Birmingham International Airport and the National Agricultural Centre. The Old Coal Yard is identified on the attached location map.


Services

Mains water, electricity and drainage are connected to the buildings.

Tenure

The two properties are offered on new leases for a term to be agreed, the minimum period being three years. The leases will be excluded from Sections 24-28 inclusive of the Landlord & Tenant Act 1954. The leases will be drawn on full repairing and insuring terms subject to a Schedule and Record of Condition.

Planning

Class E

Rent

£8.00 per sq.ft. per annum plus VAT, paid quarterly in advance.

Rates

The rateable value for Unit 1 for the current year is £7,500 so tenants may be entitled to 100% small business rates relief subject to rate payer's status.

The rateable value for unit 6 for the current year is unconfirmed but it is understood that tenants may be entitled to 100% small business rates relief subject to rate payer's status. To be confirmed.

Service Charge

A modest service charge will be raised to cover the communal costs of maintaining the Old Coal Yard.

Legal Costs

Each party will meet their own legal costs.

EPC

TBA

Unit- 1 - 1,791 sq.ft (166.47 sq.m)

Unit 6 - 928 sq.ft (86 sq.m)

Available Separatly or As One

Available Now

Recently Refurbished With New Roofs

Rural Location

Secure Site

Brochures

1 & 6, The Old Coal Yard, Folly Lane, Napton, Southam, Warwickshire, CV47 8NZ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leamington Spa Station9.3 miles

About ehB Reeves, Leamington Spa

Somerset House Clarendon Place, Royal Leamington Spa, CV32 5QN

ehB Reeves, Leamington Spa

ehB Reeves is a dynamic professional firm of Chartered Surveyors, Commercial Estate Agents and Commercial Property Consultants in the West Midlands, offering experience across all sectors of the commercial property market.

Our core services include sales, lettings, and acquisitions, management, valuations, investment, rent reviews, lease renewals and corporate property advice, landlord and tenant advice, and rating of commercial property to include offices, shops, warehouses, industrial

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Notes

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Disclaimer - Property reference 673LH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ehB Reeves, Leamington Spa. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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