Rent £150,000 Per Annum
Type
Status
Industrial
To Let
PROPERTY HIGHLIGHTS
Modern Industrial / Warehouse Space
Approximately 26,400 sq.ft with a minimum Eaves Height of c.6.0m
Clear Span & partially soundproofed
Excellent Electricity provision within the site with up to 1.4 MW available
Highly accessible just 5 miles from the M1 motorway & c.6 miles from the A1 Belfast to Dublin corridor
Rent from £12,500 + VAT Per Month
Smaller units are also available within the park - please call for further information.
LOCATION
Milltown Business Park is situated between the towns of Donaghcloney (c.2miles) & Waringstown (c.1.5miles), to the south-east of Lurgan. It is easily accessible to the M1 Motorway with both junctions 9 & 10 being only approximately 5 miles whilst access to the A1 Belfast to Dublin Corridor being only c.6 miles to the south-east.
DESCRIPTION
This Modern and Soundproofed industrial / warehouse unit is situated within Milltown Business Park and extends to c.26,250 sq.ft and benefits from a generous eaves height of c.6.0m. The park is highly accessible to both the M1 Motorway and A1 Belfast to Dublin Corridor. Access to the park is controlled via a newly installed automatic security gate.There is ample on site car parking provision and with other units becoming available, there will be access to additional space (by way of negotiation) should your business need to expand in the short - medium term.
Milltown Business Park is the perfect rural location for your office, we have a range of bright and airy office suites and showroom space ranging from c.300 sq.ft - 9,078 sq.ft arranged over ground and first floors which benefits from ample on-site car parking & superfast broadband.
LEASE
Rent: £150,000 plus VAT per annum
Term: Negotiable
Repairs: The tenant is to be responsible for internal and external repairs (Internal repairing obligation with external covered via service charge)
Insurance: The Tenant will reimburse the Landlord with the cost of insuring the premises.
Service Charge: A service charge will be levied to cover external repairs and maintenance to common areas etc. Approximately £0.25 per sq.ft per annum.
RATES
We have been advised by Land and Property Services that the premises have been assessed on the basis of manufacturing and the following:
Net Annual Value: £74,100
Rate in the Pound 2024/2025: 0.589553
Estimated Rates Payable: £43,686 p.a*
*Qualifying manufacturers should be able to avail of industrial de-rating which would result in a 70% reduction in rates payable
VAT
All prices, rentals and outgoings are exclusive of but may be liable to VAT.
EPC
B46 & D100 - A copy of the EPCs are available upon request.