Commercial Property for rent in Moulton Seas End
LOCATION
** Compact Nursery Premises To Let - Glass totalling 23,835 sq. ft. (2,215 m2) - 6 Year Term - Additional Equipment available/included plus Coldstore - Commencement Rent: £10,000 Per Annum - Availability - TBC
The nursery is located to the rear of Cromwell House, close to the centre of Moulton Seas End and within easy reach of Spalding (5.5 miles Holbeach, 3.5 miles the A17, Moulton Common A17 Junction 2 miles).
DESCRIPTION
It is available To Let comprising approximately 23,835 sq.ft. of glass (2215m2) plus coldstore.
The glass is in three adjoining sections comprising 1 Simpson Venlo and 2 Hok Venlo houses, the 2 Hok houses both being double glazed.
The present business has utilised a vertical growing system with aquaponics with growing towers, media beds and fishtanks. There is an eb and flow propagation unit complete with LED lights.
The extensive equipment which is owned by the present tenant is available either in part or as a whole for purchase by separate negotiation with the tenant at the time of taking the lease of the premises.
Interested parties are invited to view the premises it is not a pre-condition that the present tenant’s equipment has to be taken over, purely that it is available in all or part including a substantial multi shelved propagation stand/unit.
ACCOMMODATION
House No. 1 Simpson Venlo Glasshouse Total
Approximately 100ft x 84ft 8,400 sq.ft. (780 m2)
Automatic Ventilation
1 Bay concrete floored used as a packing area
3 Bays growing areas
Overhead irrigation
House No. 2 Hok Venlo Glasshouse
Approximately 105ft x 63ft 6,615 sq.ft. (614m2)
3 Bays
Automatic Ventilation
Overhead irrigation
This house is double glazed
House No. 3 Hok Venlo Glasshouse
105ft x 84ft 8,820 sq.ft (819m2)
4 Bays
Automatic Ventilation
Overhead irrigation
This house is double glazed
NOTE Bottom irrigation is available for each house.
Irrigation Reservoirs
3 Tanks 5,000 (x2) and 3,000 (x1) gallons for selfsaved water
Additional mains water is available via a metered supply
Pumphouse
With Dosatron injected system for artificial or other treatments
Coldstore
12.7m x 5.7m (net internal floor area) 778 sq.ft. (72.39m2)
3.7m (internal height) approximately
TERMS
1) Term - A term of 6 years, with a break clause in favour of the tenant at the end of year 3, subject to a 6-month prior notice being given in writing.
2) Agreement - Contracted out of the Security of Tenure and Provisions 1954 Landlord and Tenants Act Part II.
3) Commencement Rent - £10,000 per annum.
4) Rental Payments - Payable quarterly in advance, the first on the signing of the agreement and subsequent payments three monthly thereafter.
5) Deposit – A Dilapidation deposit will be required at commencement. Tenant to lodge with the landlord or the landlord’s agent £5,000 at they commencement of the lease (in addition to the first quarter’s rent and any other charges as agreed) If the letter proceeds without any difficulty during year one then half of the £5,000 (i.e. £2,500) will be release from the deposit and can be used for the 1st quarter’s rent of the 2nd year. The second half of the deposit (£2,500) will be retained by the landlord until the end of the tenancy and will be returned less any outstanding rent or dilapidations or other liabilities.
6) Method of Payment - Rental payments to be made by Bank Transfer – Landlord’s details to be provided in due course.
7) Repairing Obligations - These will be discussed in detail upon inspection and further enquiry with the present owner at the time of inspection.
8) Insurance - This will also be discussed further at the time of inspection in respect of the glass. The coldstore is currently insured with the NFU and the Tenant will be responsible for reimbursing upon demand the landlord for that annual cost.
9) Public and Employers Liability - The tenant will need to demonstrate that he has cover for Employers and Public Liability in place concerning the operation of the nursery as from the time of tenancy commencing.
10) VAT – No vat is payable in addition to the rent.
11) Services – Mains electricity (single phase) is connected together with mains water (metered). The Tenant will be required to provide its own ‘portaloo’ facilities.
OUTGOINGS
DRAINAGE RATES
These will be apportioned by the South Holland Internal Drainage Board and the appropriate annual payment will be paid the Tenant.to the landlord upon demand.
VAT
No vat is payable in addition to the rent.
VIEWING
Strictly by appointment with the Landlord’s Horticultural Agents, Messrs R Longstaff & Co LLP Tel: 01775 765536 or Email: commercial@longstaff.com
Property Ref: 58325_101505031727
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