Property photos
Just added
£300,000
(£118.34/sq. ft)
Office for sale
Darwin House, Corby NN172,535 sq. ft
Local area information
Property location
Nearby amenities
- Weldon Church of England Primary School 0.5 miles
- Priors Hall - A Learning Community 0.5 miles
- Corby 2 miles
- Kettering 8.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Fully Let Investment for sale
- Let to an established tenant until December 2027
- Well presented with refitted conference room
- Improved including first floor air conditioning
- Current Rent £21,000 pa
- Existing Business is unaffected by the sale
Location
The Corbygate Business Park is located on the Weldon North Industrial Estate close to rs Components and the multi million pound urban expansion at Priors Haw, which includes the new Corby Academy, infrastructure for business and up to 5,500 houses.
Corby is a major growth area being one of the fastest growing towns in the UK, the aim being to increase the 2021 Census population 68,166 to around 110,000. Corby benefits from rapid road communications on the A14 A1-M1 dual carriageway, with local access at both Kettering and Thrapston, as well as a new railway station with a London St Pancras main line service.
Description
8 Darwin House is a 2-storey business unit located on the popular Corbygate Business Park with a prominent side elevation facing Steel Road. Landscaped setting with designated on site car parking, and additional general visitor parking provision.
The ground floor has been partitioned to form a large training room, separate front office, rear store and a kitchen and staff amenity area.
The first floor is essentially an open plan office with the Tenant recently fitting an air conditioning system. The open plan office incorporates a small partitioned store and interview room. Separate fitted Kitchen.
The Tenant pag are also in occupation of the adjoining unit so have by agreement formed two single door connections one on each floor, which are easily blocked if they moved out of one.
Service core with ground floor entrance, toilets on both floors, and stairs with an open landing to the first floor.
Generally well presented throughout with new ground floor ceiling grid, LED lamps and replacement flooring.
Gross Internal Area approx. 235.5 m² 2,535 sq ft
Net Internal Area approx. 201.6 m² 2,170 sq ft
EPC within Band C
Rates
The 2023 Rating List has a combined assessment with the adjoining property of £19,000 which would need to be reassessed should the tenant vacate one building.
Lease
Let to PAGeoContracting Limited on a renewed 5 year lease to 31 December 2027 at a current rent of £21,500 pa plus VAT and Service Charge.
Pag have been on the estate for many years and according to the owners have been "exemplary tenants." According to Companies House they have £250,000 Equity/Net Assets and £111,000 cash at bank.
Tenant Website:
Further Lease Details are separately available on request.
Investment sale
The remainder of the 999 year long lease at a fixed peppercorn (no) rent is available for £300,000 exclusive, subject to the existing letting which will not be affected by the sale. As an investment sale this may qualify as a Transfer of a Going Concern for VAT purposes.
Further Details available on request.
Viewing and further information
Strictly by appointment with the Agent
David Walker Commercial
9 Rushton Road
Wilbarston
Market Harborough LE16 8QL
The Corbygate Business Park is located on the Weldon North Industrial Estate close to rs Components and the multi million pound urban expansion at Priors Haw, which includes the new Corby Academy, infrastructure for business and up to 5,500 houses.
Corby is a major growth area being one of the fastest growing towns in the UK, the aim being to increase the 2021 Census population 68,166 to around 110,000. Corby benefits from rapid road communications on the A14 A1-M1 dual carriageway, with local access at both Kettering and Thrapston, as well as a new railway station with a London St Pancras main line service.
Description
8 Darwin House is a 2-storey business unit located on the popular Corbygate Business Park with a prominent side elevation facing Steel Road. Landscaped setting with designated on site car parking, and additional general visitor parking provision.
The ground floor has been partitioned to form a large training room, separate front office, rear store and a kitchen and staff amenity area.
The first floor is essentially an open plan office with the Tenant recently fitting an air conditioning system. The open plan office incorporates a small partitioned store and interview room. Separate fitted Kitchen.
The Tenant pag are also in occupation of the adjoining unit so have by agreement formed two single door connections one on each floor, which are easily blocked if they moved out of one.
Service core with ground floor entrance, toilets on both floors, and stairs with an open landing to the first floor.
Generally well presented throughout with new ground floor ceiling grid, LED lamps and replacement flooring.
Gross Internal Area approx. 235.5 m² 2,535 sq ft
Net Internal Area approx. 201.6 m² 2,170 sq ft
EPC within Band C
Rates
The 2023 Rating List has a combined assessment with the adjoining property of £19,000 which would need to be reassessed should the tenant vacate one building.
Lease
Let to PAGeoContracting Limited on a renewed 5 year lease to 31 December 2027 at a current rent of £21,500 pa plus VAT and Service Charge.
Pag have been on the estate for many years and according to the owners have been "exemplary tenants." According to Companies House they have £250,000 Equity/Net Assets and £111,000 cash at bank.
Tenant Website:
Further Lease Details are separately available on request.
Investment sale
The remainder of the 999 year long lease at a fixed peppercorn (no) rent is available for £300,000 exclusive, subject to the existing letting which will not be affected by the sale. As an investment sale this may qualify as a Transfer of a Going Concern for VAT purposes.
Further Details available on request.
Viewing and further information
Strictly by appointment with the Agent
David Walker Commercial
9 Rushton Road
Wilbarston
Market Harborough LE16 8QL
More information
Listed by
David Walker Commercial
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Property descriptions and related information displayed on this page are marketing materials provided by - David Walker Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact David Walker Commercial for full details and further information.