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£370,000 per annum

5 Apollo Way, Tachbrook Park Industrial Estate

Warwick, CV34 6RW

The Space

To Let High Quality Warehouse Industrial Unit with Extensive Office Space

At a glance

Property Type Industrial
Tenure Lease Assignment
Size 45,034 sq ft
Rent £370,000 per annum
Business Rates £137,592 per annum
Energy Performance Rating This property has been graded as C (71)

Leamington Spa
13 mins


Warwick
31 mins


Warwick Parkway
54 mins


Kenilworth
90 mins


Chesham
1083 mins


Amersham
1116 mins


Chalfont and Latimer
1148 mins


Chorleywood
1186 mins


Key Points

  • Superb Midlands Location in the Heart of Tachbrook Park Business Park.
  • Extensively Refurbished
  • 3 Loading Doors.
  • Eaves Height Approx 6.5m, Ridge Height Approx 8m.
  • 135 On Site Car Parking Spaces.
  • Total Site Area 1.778 Acres (0.72 ha)

Description

The recently extensively refurbished detached building is of steel portal frame construction with two storey offices to the front.
The bays have a height to eaves of 6.5m and a maximum height to ridge of 8.0m. The flooring is concrete, elevations are of profiled metal cladding to the full height of the elevations and to the roof, which also includes translucent roof lights.

Externally, the property sits in a generous plot providing ample loading, access, circulation, storage and approximately 135 car parking spaces.

Available area

The accommodation comprises the following areas:

Name sq ft sq m Availability
Ground - Office 13,437 1,248.34 Available
Ground - Warehouse 17,730 1,647.17 Available
1st - Office 12,639 1,174.20 Available
Mezzanine - Store 1,228 114.08 Available
Total 45,034 4,183.79

The Location

The property is situated in the established commercial location known as Tachbrook Business Park which is located near the town centres of Warwick and Leamington Spa.

Apollo Way links between Olympus Avenue and Tachbrook Park Drive near the Leamington Shopping Park which includes occupiers such as Sainbury's, Boots and TK Maxx.

Adjacent to the property are Tata Technologies and Engel (UK) and Calor occupies the office building to the opposite side of Apollo Way.

The property is approximately one mile southwest of Leamington Spa Railway Station. Junction 13 and 14 of the M40 Motorway are approximately 3 miles to the southeast and Warwick Town Centre is approximately two miles to the west.

Services

We understand that all mains water, gas, electricity and drainage services are connected to the site however, interested parties are advised to satisfy themselves that this is the case and that they are in good working order. The agents have not tested any apparatus on site and therefore, cannot verify the conditions.

Planning

We understand that the property has the benefit of planning permission for User Class E purposes. Interested parties are advised to make their own enquiries of Warwick District Council Planning Department on 01926 456760.

Business Rates

Rateable Value: £252,000 (April 2023)

Tenure

The property is available immediately by way of an assignment of the existing lease which is held on full repairing terms expiring 24th December 2027. Alternatively, a new lease direct with the landlord may be available subject to negotiations.

VAT

The property has been elected for VAT.

EPC

The property has an EPC Rating of ‘C’ - A copy can be made available upon request.

Legal Costs

Each Party will meet their own legal and professional costs.

£370,000 per annum

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