To LetModern Industrial Accommodation

Sheffield Wholesale Market, Parkway Drive, Sheffield, South Yorkshire, S9 4WN

Description

The opportunity comprises a range of modern industrial units arranged in a U shape at the eastern end of the estate.

Each unit benefits from both front and rear loading areas with access via a central service yard.

Each unit also benefits from 6m to haunch, WC/staff facilities, allocated car parking and ample space for loading/circulation.

ACCOMMODATION

Having measured the property in accordance with the prevailing RICS Code of Measuring Practice, we calculate that it provides the following GIA floor areas:

Unit 4B:  232 sq m (2,500 sq ft)
Unit 5A:  92 sq m (1,000 sq ft)
Unit 5E:  92 sq m (1,000 sq ft)
Unit 7A:  567 sq m (6,100 sq ft)
Unit 7B:  362 sq m (3,900 sq ft)

Units 7A and 7B can be combined to create a unit of 10,000 sq ft.

LOCATION

The property forms part of the Parkway Industrial Estate, an industrial warehouse scheme within one of Sheffield’s largest industrial areas.

There are a number of neighbouring national operators, including Costco, HSS Hire and MKM Building Supplies.

SERVICES

We understand that mains supplies of drainage, water and electricity are available and connected to each unit. 

These have not been tested and interested parties are advised to make their own investigations to the relevant utility service providers.

TOWN AND COUNTRY PLANNING

We understand that the units have various consents for uses falling within Classes E(g)(iii) (Industrial Processes), B2 (General Industrial) and B8 (Storage & Distribution) of the Town & Country Planning (Use Classes) Order 1987 (as amended 2020).

Interested parties are advised to make their own enquiries to the Local Planning Authority.

RATES

Charging Authority: Sheffield City Council
Description: Warehouse and Premises
Rateable value: Unit 4B:  £16,000
Unit 5A:  £11,000
Unit 5B:  £8,600
Unit 5E:  £8,600
Unit 7A:  £32,750
Unit 7B:  £24,250
UBR: 0.512
Period: 2021-2022

Multiplying the Rateable Value figure with the UBR multiplier gives the annual rates payable, excluding any transitional arrangements which may be applicable.   For further information, please contact the Charging Authority.

TENURE

The units are available To Let by way of new Full Repairing and Insuring leases for a period to be agreed.

RENT

Unit 4B:  £22,000 per annum exclusive
Unit 5A:  £13,500 per annum exclusive
Unit 5B:  £9,000 per annum exclusive
Unit 5E:  £9,000 per annum exclusive
Unit 7A:  £48,200 per annum exclusive
Unit 7B:  £30,000 per annum exclusive

SERVICE CHARGE

A service charge will be levied to cover the upkeep, maintenance and repair of all common parts of the development.

VAT

VAT will be charged in addition to the rent at the prevailing rate.

LEGAL COSTS

Each party is to be responsible for their own legal costs incurred in documenting the transaction.