Bentham Industrial Estate, Bentham, Lancaster, North Yorkshire, LA2

Location

The property is situated on Bentham's established industrial estate, offering a practical and accessible business location away from the congestion of larger town and city centres. Bentham town centre is within easy reach, providing a range of local amenities, while Junction 34 of the M6 motorway is approximately 14 miles away, giving convenient access to Lancaster, Kendal, the wider North West and Yorkshire.

Description

An excellent opportunity to acquire a substantial detached industrial unit extending to approximately 15,000 sq ft, offering versatile accommodation suitable for a wide range of industrial and commercial occupiers. The property is ideal for owner occupation, with the flexible layout lending itself to manufacturing, warehousing, storage, distribution, trade counter use, and a variety of other industrial processes, subject to any necessary consents.

The property also presents an attractive investment opportunity, with an estimated market rental value of between £65,000 and £75,000 per annum. Designed with flexibility in mind, the building has been constructed so that it can be readily divided into four self-contained units of 2 x 5,000sqft and 2 x 2,500sqft, subject to any necessary works and approvals. This provides purchasers with the potential to diversify income streams, increase overall rental returns, or occupy part of the premises whilst generating income from the remaining accommodation.

Accommodation Text

The subject property comprises a steel portal frame unit, built in 1984 by "English Estates" with brick blockwork in-fill, corrugated steel cladding to part height and surmounted by a pitched corrugated metal clad roof incorporating translucent roof lights. The access to the main warehouse is via three steel up-and-over doors, giving access to the warehouse via a tarmac surfaced loading apron. There is a combination of personnel entrance doorways including a main reception entrance and six fire escape doors at either end of the building. We are informed that the building was extended from its original size when constructed, as detailed below in the Schedule of floor areas.

Internally, the building incorporates a combination of clear span warehousing space and offices over two storeys. There are further offices which incorporate a boardroom, WC and staff breakout area. The main offices are from ground and mezzanine height. The boardroom and staff room WC facilities are constructed from predominantly demountable partitioning. The building has a working height of 5m to the underside of the haunch. There are eight dedicated parking spaces. Up-and-over doors are 4.1m in height and 3.1m in width. The estate has the benefit of reasonable circulation space for commercial vehicles.

Services

Mains water, gas and electric connected

EPC Information

D-97

Use Class

We believe the premises to fall under use class B2, but can be verified with the local authority

Lease Terms

The property is currently occupied under a Licence to Occupy, providing flexibility for prospective purchasers. The sale can be completed with the licence remaining in place, allowing for an immediate income-producing asset, or with vacant possession if preferred. As the existing licence operates on a short notice period, the property can be made available for owner occupation within a relatively short time frame, making it an attractive opportunity for both investors and owner-occupiers alike.

VAT

All prices quoted are exclusive of VAT but may be liable, property elected for VAT.