01892 552 500 01892 552 500Sale of a pair of adjoining modern industrial units totalling 13,902 sq ft – off a guide of £2.25m
Floor Areas
Unit 17 Decimus Park – 4,411 sq ft (409.80 sq m)
Unit 18 Decimus Park – 9,491 sq ft (881.74 sq m)
Vacancy
Unit 17
Currently being offered to lease at £49,000 pax.
Occupational Tenancy
Unit 18
Tenant – Xylem Water Holdings Ltd.
Term – 15 years from 16th August 2024, on a full repairing and insuring basis (subject to a Schedule of Condition). The lease is within the security of tenure provisions of The Landlord & Tenant Act 1954 part II.
Rent – £92,500 pax
Rent Reviews – At the end of the 5th and 10th years , on an upward only basis.
Break Clause – Tenant option to determine the lease, at the end of the 10th year, on 6 months` notice.
