Rugby is a rapidly expanding town situated in the Centre of the UK's motorway network, with easy access to the M1 and M6, as well as the A5 and A14.
Midland Trading Estate is located on Consul Road, which is part of Glebe Farm Industrial Estate, accessed from the A426 Leicester Road, approximately 1 mile to the north of Rugby town Centre.
Comprising of a detached double bay steel portal framed industrial/warehouse building with brick and blockwork lower elevations and glazed panels above. The roof is covered with corrugated cement sheet cladding incorporating translucent light panels.
Office accommodation with WCs and a kitchen area can be found to the front of the property.
The unit has an eaves height of approximately 4.5m (15ft), and loading is provided via 2x full height manual level access sliding shutter doors (4.27x4.27m). Additionally, there is a further single level access loading door to the rear.
Externally the unit has its own concrete loading forecourt, and private wrap around secure yard to the side and rear of the property.
Metered 3 phase electricity, water and drainage are connected to the property.
All rentals etc are quotes exclusive of business rates, water rates, service charge, VAT and all other outgoings, etc. Rental is payable quarterly in advance.
The property is available by way of new FRI type lease for a term of years to be agreed between the parties.
We understand from the VOA website that the properties currently have adopted Rateable Values as follows:
Unit 4A: £37,000
Unit 4B: £34,750
Please rely on your own enquiries with the Local Authority to determine the actual rates payable.
A service charge will be levied to cover the cost of the upkeep, maintenance and management of the common areas.
Full vacant possession to be offered to a new tenant upon completion of all legal formalities.
All figures are quoted exclusive of VAT.
Each party to pay for their own legal costs incurred in a transaction.