Property Details

Tungsten Park is a newly developed 45,000 sq ft industrial/trade counter scheme comprising 13 units and existing occupiers include Screwfix, Howdens, Tool Station, Easy Bathrooms, Cancer Research, Eden Tyres, Green Frog Storage and Mowbray Interiors. The development is located just off the A606 Oakham bypass. The neighbouring location has seen considerable commercial development over the last few years and other nearby occupiers include Aldi, McDonalds, Costa, M&S Food and Marstons Buttercross pub.

The property comprises a new build industrial unit of steel frame construction with barrel vaulted roof benefitting from translucent lighting, smooth clad elevations with an up and over loading door and a personal entrance with a glazed panel. Rear fire exit, solid concrete flooring with water, electricity and waste sited internally ready for an occupier fit out. Externally, the property benefits from 6 allocated parking spaces to the front of the unit and loading with a 17-metre yard depth.

RATING/SERVICE CHARGE - Rateable Value £26,500. Interested parties are recommended to make their own enquiries regarding rates payable for this property for 2024/25. An annual service charge will be payable and this is currently approximately £0.35/sq ft.

LEASE TERMS - The property is available by way of a new 10 year full repairing and insuring lease with a single upward only rent review at the end of the fifth year.