2 - 4 St Leger Drive, Newmarket Business Park, Newmarket, CB8 7DT
70,284 sq ft
The property comprises an industrial/warehouse unit of steel portal frame construction built in 2005 with insulated profile metal sheet clad elevations and roof. It has recently undergone an extensive refurbishment programme.
Property specification
- 100 KW PV panels on roof
- Four electric vehicle charging points
- New LED lighting throughout
- 10m eaves height
- Six electric roller shutter doors
- 1,391 KVA power supply
- Power-floated concrete floor
- Two parking and loading areas with HGV access
Accommodation
The property has the following approximate gross internal floor areas:
Ground Floor (inc. Offices): 6,050.41 sq m / 65,127 sq ft
First Floor (Offices): 479.10 sq m / 5,157 sq ft
TOTAL: 6,529.51 sq m / 70,284 sq ft
Services
A service charge is payable to cover insurance, landscaping, roadway, miscellaneous repairs and maintenance of the common parts of the estate. Further details can be provided upon request.
Lease terms
The property is available on a new full repairing and insuring lease, for a term of years to be agreed, at a quoting rent of £703,000 per annum exclusive. VAT will be applicable to the rent.
Rates
The property is assessed as follows. Rateable Value £410,000. Rates payable (2023/24): £209,920. The rates are based on a UBR for the current year of 0.512 pence in the pound. Interested parties are advised to make their own enquiries of Anglian Revenues Partnership on (01842) 756 568.
Legal costs
Each party to bear their own legal costs.
Energy perfomance certificate
The property has an EPC rating of A (24).
VAT
VAT will be payable in addition to the rent and service charge.
Location
Newmarket Business Park is an established commercial location approximately 0.5 miles away from the A14 (J37) dual carriageway enabling fast access to Cambridge, Ipswich and the East Coast Ports, and in addition, to Stansted Airport, London and the M25 via the A11/M11.
Newmarket town centre is approximately 1.5 miles to the south via Fordham Road (A142). The unit itself is located along St. Leger Drive, immediately off Oaks Drive, which in
turn links into Fordham Road.
The Studlands Retail Park (which includes Homebase, Halfords, Pets at Home and Carpet Right) and Tesco are within short walking distance.
Location
Newmarket Business Park is an established commercial location approximately 0.5 miles away from the A14 (J37) dual carriageway enabling fast access to Cambridge, Ipswich and the East Coast Ports, and in addition, to Stansted Airport, London and the M25 via the A11/M11.
Newmarket town centre is approximately 1.5 miles to the south via Fordham Road (A142). The unit itself is located along St. Leger Drive, immediately off Oaks Drive, which in
turn links into Fordham Road.
The Studlands Retail Park (which includes Homebase, Halfords, Pets at Home and Carpet Right) and Tesco are within short walking distance.
Train Stations
- Newmarket 2.72km
- Kennett 6.83km
- Dullingham 6.99km
- Waterbeach 13.33km
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