Meadow View Data Room

Meadow View Business Park

This well established, rurally located industrial estate comprises just under 1.5 acres on which there are approximately a dozen buildings housing a similar number of tenants. There is approximately 19,500 sq.ft. of built accommodation plus a number of storage containers producing a combined rent of approximately £109,000 per annum.

The buildings are a mixture of old and new, some being former hangar buildings used in conjunction with the previously attached airstrip. However following division of the site this additional land is no longer available.

There are various buildings capable of refurbishment and enlargement, and sites where former buildings once stood which are capable of having replacement buildings (subject to planning) rebuilt to enhance the income potential.

Available Leases

Lease for Units 15,16,17

NB: No formal documentation is available for the remaining units.

EPCs

Below are the links to all current EPC certificates for the site.

Minimum Energy Efficiency Standards come into effect on 1^st April 2023 for all existing leases

Energy Performance Certificate	EPC Recommendation Report
Unit 1 EPC Band B (35	Unit 1 RR
Unit 2 EPC Band D (79)	Unit 2 RR
Unit 4 EPC Band D (92)	Unit 4 RR
Unit 6 EPC Band D (79)	Unit 6 RR
Unit 7 EPC Band E (110)	Unit 7 RR
Unit 8 EPC Band E (125)	Unit 8 RR
Unit 9 EPC Band E (109)	Unit 9 RR
Unit 12 EPC Band C (57)	Unit 12 RR
Unit 14 EPC Band D (85)	Unit 14 RR
Unit 16 EPC Band C (51)	Unit 16 RR
Unit 17 EPC Band C (70)	Unit 17 RR

Site and Location Plans

Preliminary Plan

OS Location Plan

Service Charge Schedule

		2022 - 23			2023 - 24
UNIT	SQ.FT.	Total	5% increase	skip	annually	Monthly
FRONT PLOT
UNIT 1	850	£ 369.34	£ 18.47	£ -	£ 387.81	£ 32.32
UNIT 2	1697	£ 877.85	£ 43.89	£ -	£ 921.74	£ 76.81
UNIT 2B	874	£ 351.06	£ 17.55	£ -	£ 368.61	£ 30.72
UNIT 4	1445	£ 953.11	£ 47.66	£ 90.00	£ 1,090.77	£ 90.90
UNIT 6	916	£ 507.36	£ 25.37	£ 90.00	£ 507.36	£ 42.28
UNIT 7	815	£ 581.62	£ 29.08	£ 90.00	£ 700.70	£ 58.39
UNIT 8	4251	£ 2,565.98	£ 128.30	£ 90.00	£ 2,784.28	£ 232.02
Unit 9	1671	£ 892.35	£ 44.62		£ 936.97	£ 78.08
UNIT 10	1391	£ 630.00	£ 31.50	£ -	£ 661.50	£ 55.13
UNIT 12	2490	£ 1,152.88	£ 57.64	£ -	£ 1,210.52	£ 100.88
UNIT 14	850	£ 460.31	£ 23.02	£ -	£ 483.33	£ 40.28
UNITS 15/16	1514	£ 958.34	£ 47.92	£ -	£ 1,006.26	£ 83.85
Unit 17
		£ 10,300.20			£ 11,059.84	£ 921.65

Current Buildings Insurance for the year 2022 - 23

Unit Number	Trade	Floor Area Square Feet	Building Sum Insured £	Annual Rent £	2022/23 Premium £	Total Annual Premium Inc 6% for interest on Monthly & 5% admin	Total Annual Premium Inc 6% for interest on Monthly & 6% ad min
Unit 1	Beauty Salon	850	78,146	6,500	398.72	442.58	418.66
Unit 2	Manufacture of Wardrobes & Kitchens	2572	236,370	8,350	1204.00	1336.44	1264.20
Unit 4	Upholstery Repairs	1445	132,849	8,000	677.83	752.39	711.72
Unit 5	Classic Car Restoration	1391	127,884	0	647.92	719.19	680.32
Unit 6	Pipework Design & Technical	916	84,214	5,700	430.05	477.36	451.55
Unit 7	Antique Furniture Restoration	815	74,928	2,640	382.35	424.41	401.47
Units 8 & 10		4251	390,825	12,486	45.00	49.95	47.25
Unit 9		1671	153,627	11,500	783.92	870.15	823.12
Unit 12	VW Van Motorhome Conversions	2490	228,923	17,500	1167.68	1296.12	1226.06
Unit 14	General Carpentry	850	78,146	5,250	398.72	442.58	418.66
Unit 15, 16, 17	Manufacture of Plastic Name Plates etc	2184	200,791	12,000	1024.57	1137.27	1075.80
	12' x 25'		0	0	0.00	0.00	0.00
			0	8,480	0.00	0.00	0.00
Total			1,786,703	98,406	7160.76	8306.48	7948.44

Meadow View Business Park Rateable Values

Rateable Values - Summary 1st April 2023

Unit		R.V.
1		£ 5,800.00
2		£ 11,500.00
2b		£ 4,850.00
4		£ 11,250.00
5		£ 12,000.00
6		£ 9,300.00
7		£ 5,500.00
8 & 10		£ 24,750.00
9		£ 13,500.00
12		£ 17,250.00
14		£ 6,900.00
15 LHS		£ 6,800.00
15 RHS		£ 7,700.00
17		£ 5,100.00
Cont 1		£ 1,000.00
Cont 3		£ 1,000.00
Cont 3 at 8/10		£ 1,000.00
Cont 4		£ 1,000.00
Cont 5		£ 1,000.00
Cont 6		£ 1,000.00
Cont 8		£ 1,000.00
Security Mobile		£ 2,500.00