CCF Unit, Access 26 Business Park Langley Mill Derbyshire NG16 4HY

CCF Unit, Access 26 Business Park
Langley Mill
Derbyshire
NG16 4HY

Detached High Quality Trade Counter/ Warehouse Investment

Situated in established business location
Entirely let to CCF Ltd until 2019
Nearby occupiers include Warburtons, LIDL, KFC and 3663
Approximate site area of 0.78 hectares (1.91 acres)
Benefits from a large yard area and on-site car parking
Six Week Completion Available

Lot
23
Auction
29th March 2012
Rent
£138,250 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP

Important Update Interested?

Expand
Photos
Map

Detached High Quality Trade Counter/ Warehouse Investment

Situated in established business location
Entirely let to CCF Ltd until 2019
Nearby occupiers include Warburtons, LIDL, KFC and 3663
Approximate site area of 0.78 hectares (1.91 acres)
Benefits from a large yard area and on-site car parking
Six Week Completion Available

Lot 23
Auction 29th March 2012
Rent £138,250 per Annum Exclusive
Status Withdrawn Post
Price
Sector
Trade Counter/Builders Merchants
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 10.1 miles north-west of Nottingham 11 miles north-east of Derby
Roads: A608, A610, M1 (Junction 26)
Rail: Langley Mill Rail Station
Air: East Midlands Airport

Situation

The property is situated within the popular Access 26 Business Park, adjacent to the A610 which provides direct access to the M1 motorway (Junction 26). The property is within walking distance of the town centre and offers nearby occupiers such as Warburtons, LIDL, KFC and 3663.

Tenure

Freehold.

Location

Miles: 10.1 miles north-west of Nottingham 11 miles north-east of Derby
Roads: A608, A610, M1 (Junction 26)
Rail: Langley Mill Rail Station
Air: East Midlands Airport

Situation

Tenure

Freehold.

Description

The property comprises a warehouse with reception and office accommodation on ground floor and a mezzanine storage area. The property benefits from a large yard with on-site car parking and a site area of approximately 0.78 hectares (1.91 acres) with low density coverage

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews
Ground Ground Ground Mezzanine Ground	Reception/Office Trade Counter/Showroom Ancillary/Staff Kitchenette Storage Warehouse	118.64 sq m 48.69 sq m 35.02 sq m 202.35 sq m 2,343.90 sq m	(1,277 sq ft) (524 sq ft) (377 sq ft) (2,178 sq ft) (25,230 sq ft)	CCF LTD (1)	15 years from 17/09/2004 until 16/09/2019 on a full repairing and insuring lease	£138,250	17/09/2014 (2) (3)
	Totals	2,748.60 sq m	(29,586 sq ft)			£138,250 (4)

(1) For the year ending 13st December 2010, CCF Limited reported a turnover of £213,793,000, pre-tax profits of £8,016,000 and a total net worth of £71,453,000. (Source: www.riskdisk.com 18/01/2012)
(2) The rent review is upwards only to open market value.
(3) There is an assumption in the lease for review purposes that the premises comprise 1.5 acres of land and that the GIA of the building on the premises is 27,000 sq ft.
(4) The rent is based on £128,350 pax for the industrial unit plus an additional £10,000 pax to reflect the large yard area. Please see basis of rent review in Clause 5.12 of the lease.