On the instructions of Travelodge
Prominent roadside opportunity assignment or possible new lease avaialable
A1 NORTHBOUND,
WANSFORD, PE8 6JL
KEY POINTS
• Iconic buidling on A1
• Substantial parking
• Services both A1 & Wansford
• Suitable for a variety of uses
• Unit to be refurbished
LOCATION
Prominent roadside location on A1 northbound just south of Junction of the A1 and A47. Site also links directly to the town of Wansford and is also accessible from the Southbound carriageway (via A47 Junction).
TRAFFIC FLOWS
Average annual daily flow for 2010 for the A1 is 47,000 vehicles. (Source GB road traffic survey)
DESCRIPTION
The existing unit provides approximately 2,233 sq ft (207.5 sq m) at ground floor with 1,168 sq ft (108.6 sq m) at first floor. The premises benefit from 33 car parking spaces.
CURRENT RENT
The current passing rent is £33,500 per annum exclusive.
CONDITION
Due to the very poor condition of the unit, the under lessees are prepared to grant either a substantial rent free period or agree to carry out works to the unit to bring it into a shell condition and then hand the unit over. Subject to covenant
IMPORTANT NOTE
At no time has a structural survey been undertaken and appliances have not been tested. Interested parties should satisfy themselves as necessary as to the structural integrity of the premises and condition and working order of services, fixtures and fittings.
TIMING
The unit is currently vacant and therefore work / access can commence on completion of the relevant documentation.
RATES
The premises are to be reassessed. Interested parties are advised to make their own enquiries of the relevant local authority.
VIEWING
Viewings can be arranged via sole agents:
Grice Collins Long
Neil Grice MRICS
01462 833374
ngrice@gcllimited.com
SUBJECT TO CONTRACT
October 2011
COMMERCIAL LEASE CODE OF PRACTICE
The landlord has regard to the Recommendations of the Voluntary Code of Practice the Commercial Leases in England and Wales. If you are professionally represented you should ask your advisor for a copy alternatively the document can be found at www.commercialleasecodeew.co.uk or obtained from the Royal Institution of Chartered Surveyors – Tel:0207 3433806.
