Location: Cotes Park Industrial Estate is strategically located on Clover Nook Road, close to Junction 28 of the M1 motorway and the A38 trunk road. The M1 provides excellent north and southbound connections. The adjacent A38 offers direct access westwards towards Derby, the A50 and the West Midlands, and eastwards to Mansfield and the A1. The area is a recognised and established location for industrial and trade-counter occupiers in Alfreton and the wider Derbyshire region.
Description: The property comprises a mid end terrace industrial unit of steel portal framed upper elevations and block brick lower elevation beneath a profiled steel roof. The unit provides open span warehouse with office and boardroom accommodation, kitchen and WC facilities. The warehouse benefits from concrete floors, highbay LED lights, two no. roller shutter doors (4.0m x 4.25m) and a minimum eaves height of 5.0m. The offices have carpeted floors, suspended ceilings and painted plaster walls. The unit has a generous provision of tarmacadam car parking to the front and side.
Accommodation: The property has been measured according to Net Internal Area (NIA): Warehouse - 8,608 Sq Ft / 799.68 Sq M Total GIA - 8,608 Sq Ft / 799.68 Sq M
Tenure: The property is available as an assignment of the existing lease. The lease started 01/08/2023 and runs until 01/08/2033. The lease is drawn upon full repairing and insuring terms and the rent passing is £58,307 per annum exclusive and is payable monthly. There is a tenant only break clause 01/08/2028.
Services: Three-phase electricity, water, gas (Unit 16) and drainage are connected to the property.
Planning: The unit has permission for B2, general industrial and B8, storage.
VAT: VAT is applicable eat the prevailing rate.
Deposit: A deposit may be payable subject to status.
Business Rates: £36,000 as of the 2023 VOA rating list.
Service Charge: A service charge is payable towards site maintenance and repair of all common external area, landscaping and estate roads.
EPC: C (55)
Insurance: The landlord will insure the premises and re-charge the premium top the tenant.
Anti-money Laundering: Interested parties are to provide copies of their ID documents and a recent utility bill as part of AML checks.
