NN4 Unit C, Waterside Way, The Lakes, Northampton

The property is let to The Car Shop for a term of 15 years, on a full repairing and insuring basis, subject to a tenant only break option at the 10th year. Break option date is 21st April 2030. The lease is guaranteed by parent company Sytner Group Limited, one of the UKKKs largest motor dealership groups. The agreed rent is £198,740 per annum exclusive subject to upward only rent reviews at the 5th and 10th years of the lease

Comprises a prime new Grade A two storey office building totalling 9,412 sq ft. The building benefits from the following specification:

VRF air conditioning

Suspended ceilings

CIBSE LG7 ECA compliant low energy LED lighting

New carpet throughout

Full access raised floors

Design for occupational density of 1:10m2

1 x 8-person passenger lifts

Male & female WCs, a disabled WC and shower facilities

The property benefits from an excellent parking provision which has been increased by agreement with the tenant. There are a total of 70 car parking spaces at an exceptional ratio of 1:135 sq ft.

Unit C Waterside Way is on Phase III of The Lakes Business Park, Northamptonnns premier business park location, which is situated approximately 2 miles south east of Northampton town centre.

The Park provides an attractive and well-maintained working environment forming part of the townnns dominant commercial area.

The Park has attracted major occupiers including Shoosmiths, Travis Perkins, MHS MacIntyre Hudson and Opus Energy, as well as offering a Premier Inn and The Lakeside Public House.

The subject property is situated just off the A428 Bedford Road, which connects directly with the A45 dual carriageway approximately 2 miles to the north. The A45 connects the park to theM1 at Junction 15 to the south.

Local bus services provide access from the Park to Northampton town centre, Bedford and Brackmills Trade Park.

The town benefits from excellent road communications, being situated adjacent to the M1 motorway, which serves Northampton from Junctions 15 (4 miles), 15A (6 miles) and 16 (8 miles), via the A45 and other local ring roads.Easy access is also available to the M6 (Junction 1 - 27 miles), M40 (Junction 10 - 30 miles), A14 (Junction 8 - 15 miles) and A1 (35 miles).

Northampton railway station, which has recently undergone a £20 million redevelopment and will include the addition of a 1,550 multi-storey car park, provides regular, direct rail connections to London Euston and Birmingham New Street.

Unit C Waterside Way, The Lakes comprises a prime new Grade A two storey office building totalling 9,412 sq ft.

The building benefits from the following specification:

VRF air conditioning

Suspended ceilings

CIBSE LG7 ECA compliant low energy LED lighting

New carpet throughout

Full access raised floors

Design for occupational density of 1:10m2

1 x 8 person passenger lifts

Male & female WCs, a disabled WC and shower facilities

The property benefits from an excellent parking

provision which has been increased by agreement with the tenant.

There are a total of 70 car parking spaces at an exceptional ratio of 1:135 sq ft.