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Riverside Business Park, Wakefield Road, Cockermouth

Cockermouth

Walton Goodland

agency@waltongoodland.com 01228 514 199
Riverside Business Park, Wakefield Road, Cockermouth

NEW DEVELOPMENT OF HIGH QUALITY, MODERN, LIGHT INDUSTRIAL BUSINESS WORKSPACE UNITS

  • UNIQUE HIGH QUALITY DESIGN, FINISH AND SPECIFICATION
  • SIZES RANGE FROM 785 SQ. FT. (73 SQ. M.) - 5,920 SQ. FT. (550 SQ. M.)
  • TENANTS CAN LEASE MULTIPLE ADJOINING UNITS
  • CONTEMPORARY PROFILE SHEET CLAD WITH MODERN UNIFORM DECORATIVE DESIGN FINISH, WELFARE FACILITIES, KITCHENETTE AND CAR PARKING FACILITIES
  • CENTRALLY LOCATED AT ENTRANCE TO WAKEFIELD ROAD INDUSTRIAL ESTATE WITH EASY ACCESS TO A66 AND A595, LINKING TO THE WEST CUMBRIAN ENERGY COAST AND LAKE DISTRICT NATIONAL PARK
  • UNITS READY FOR OCCUPATION JANUARY 2023
  • PLANNING PERMISSION APPROVED FOR B2 E(g)(ii) and (iii)
  • WOULD SUIT TRADE CONTRACTORS, LIGHT AND GENERAL INDUSTRIAL OCCUPIERS ALONG WITH RESEARCH AND DEVELOPMENT

Location

The property is located in the main industrial area within the town, to the north of the River Derwent on the site of the former Thermoforce factory fronting Wakefield Road in Cockermouth. Cockermouth is an attractive, highly desirable and affluent market town located on the edge of the Lake District National Park, being strategically positioned close to the major catchment and employment areas of Workington, Lillyhall, Whitehaven, Maryport and Keswick. Demographically this also enables the town to serve a wide rural population base across the northern Lake District.

DESCRIPTION

The site extends to approx. 0.9 acres and will comprise up to 11 nr. light industrial hybrid workspace business units constructed using modern materials providing for a contemporary uniform design led finish.

Internally, the units will benefit from toilet and kitchenette facilities, up and over electrically operated roller shutter doors and LED lighting. All units will benefit from 3-phase electricity, with the exception of units J and K.

There is a minimum of 2 nr. car parking spaces per unit with larger units benefitting from additional parking provision.

RATEABLE VALUE

The individual units will be assessed for Business Rates on completion.

If this is your only commercial premises then certain occupiers  may qualify for nil Business Rates if the RV is below £12,000, subject to status.

We recommend that potential occupiers contact Allerdale Borough Council and/or the Valuation Office Agency on www.voa.gov.uk.

RENT

Please see below the annual rent for each unit. All rents are quoted exclusive of VAT, Business Rates and all other outgoings.

Units A – B:       £11,500
Units C – E:       £10,000
Unit F:                  £42,500
Units G – I:        £12,000
Unit J:                  £8,750
Unit K:                 £9,250

VAT

VAT is payable in addition to the rent.

TIMEFRAME

It is anticipated that the units will be ready for occupation January 2023. New leases to be agreed in advance of a start date following practical completion. Expressions of interest now immediately welcome.

ACCOMMODATION

The information below illustrates the available sizes and phases of the development.

BLOCK 1
Units A – B:       
1,173 sq. ft.  (109 sq. m.)
Units C – E:       968 sq. ft.  (90 sq. m.)

BLOCK 2
Unit F:                  5,920 sq. ft.  (550 sq. m.)

BLOCK 3
Units G – I:         
1,244 sq. ft. (116 sq. m.)
Unit J:                   785 sq. ft.  (73 sq. m.)
Unit K:                   850 sq. ft.  (76 sq. m.)

TOTAL:      16,537 sq. ft.  (1,536 sq. m.)

SERVICES

All units will benefit from connection to mains electricity (3-phase in Units A – I only), drainage and water. Utilities will be individually metered.

LEASE

The units are available to let on new leases for a minimum of 5 years, or multiples thereof, on full repairing and insuring terms.

ESTATES CHARGE

There will be an estate charge to cover the cost and maintenance of the external road and parking areas, lighting and landscaping which will be recovered form the tenants annually on a proportionate basis.

ENERGY PERFORMANCE CERTIFICATES (EPCs)

The units are under construction and will be assessed for Energy Performance on completion.

VIEWINGS

The units are currently under construction. The site can be viewed from the street. Architect’s plans are available for each block of units. The units are currently available to let off plan. If interested parties would like to combine multiple units together then please contact Walton Goodland to discuss bespoke requirements, as alterations can be made at the construction phase, where possible.

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Last updated: 27th May 2022 - 9:55 am