7 Tungsten Court, Hemdale Business Park, Nuneaton

Description
The property comprises a newly built end of terrace warehouse unit with offices offering trade counter potential (subject to consents and forming part of a favoured business park. The premises, which are of a high quality, have been constructed to a particularly attractive design incorporating a barrel vaulted roof with silver micro-rib standing seam system cladding to the external elevations and also feature full height curtain wall screening. The unit provides ample potential for mezzanine provision and benefits from forecourt parking.

Location
The subject property forms part of a new courtyard development of seven units with forecourt parking being the final phase of development at the favoured Hemdale Business Park, Nuneaton, which is easily accessed off Nuneaton's Eastern Relief Road (the A4254 Eastboro Way). The location is particularly convenient for access to the M6 Motorway at Junction 3 which is approximately five miles distant and accessed via the nearby B444 Bedworth By-Pass. The A5 Trunk Road to the north is also easily accessible and this provides a direct connection with the M69 Motorway at Junction 1 (with connections then through to the M6 and M1) and also access to the M42 at Junction 10. The Nuneaton Town Centre is approximately one and a quarter miles distant.

Accommodation
Area (GIA): 2,759 ft² (256.3 m²)

Terms
The property is available by way of a Full Repairing and Insuring lease for a minimum term of three years with an asking rent of £22,750 p.a.

Services
The unit is connected to mains services including electricity, gas, water, and drainage. Prospective purchasers should make their own enquiries regarding the availability of broadband, and three-phase power to ensure suitability for their operational needs.

Planning
Presently Class E and B8 as defined by the Town & Country Planning Act (Use Classes Order).

Viewing
To arrange a viewing please contact the Commercial Team on commercial@loveitts.co.uk or 024 7622 8111 (Option 2)

Energy Performance Certificate
The property has an EPC rating of D(97).

Business Rates
The current rateable value as of 1 April 2023 is £9,600

VAT
VAT is not charged on the property.

Legal Costs
Each party is to meet their own costs.