7 Balloo Crescent


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To Let

Location Map (For Identification Purposes Only)

Modern Portal Frame Warehouse Premises of c. 60,880 sq ft (5,656.1 sq m) On a Self Contained Site of c. 2.54 acres (1.03 hectares)

7 Balloo Crescent Bangor Ace Map (Not to Scale)

S E IV LE T N B E A C IN VAIL A

BTWShiells Ltd (BTWS) (and their Joint Agents where applicable) for themselves and for the Vendors or Lessors of the property whose agents they are give notice that; i) these particulars are given without responsibility of BTWS or the Vendors or Lessors as a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract; ii) BTWS cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and any prospective purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the accuracy of each of them; iii) no employee of BTWS has any authority to make or give any representation or warranty or enter into any contract whatsoever in relation to the property; iv) VAT may be payable on the purchase price and/or rent, all figures are quoted exclusive of VAT, intending purchasers or lessees must satisfy themselves as to the applicable VAT position, if necessary by taking appropriate professional advice; v) BTWS will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars.

Location

Lease Details

The property is situated approximately 2 miles from Bangor Town Centre. Bangor functions primarily as a commuter settlement to Belfast, which is located 12 miles to the West and there are well established road and rail links serving the Town.

Rent

£130,000 per annum exclusive.

Term

By negotiation. Flexible Term Available.

The subject site is located on the Northern side of Balloo Crescent at the end of the service road, which borders the main Newtownards to Bangor Dual Carriageway, which is the main arterial link road between the towns of Bangor and Newtownards.

Repairs

The tenant is to be responsible for interior repairs and exterior repairs.

Insurance

The tenant is to be responsible for reimbursing the landlord with a fair proportion of the insurance premium.

The property sits opposite the Elim Pentecostal Church Offices and adjacent Howell Accident Repair Centre in the heart of Balloo Industrial Estate, which is North Down’s premier industrial and commercial location. The surrounding area comprises of a variety of commercial uses including industrial, showroom, warehouse and retail warehouse intermingled with high density housing located off South Circular Road. Notable commercial occupiers in the immediate locality include INDI Kitchen Design, Balloo Hire Centre Ltd, Curran and Eddie Irvine Sports Centre.

Rates We have been advised by Land & Property Services of the following: Net Annual Value: Rate in £ 11/12: Rates payable if applicable:

£137,500 £0.5185 £71,306

Value Added Tax

Description The subject property comprises of a substantial factory with the premises arranged as four adjoining steel portal frame warehouse bays on a self contained site. The property has good frontage and is accessed by Balloo Crescent at the end of a service road adjacent to the main Bangor to Newtownards Dual Carriageway. The property is secured by a 3 m high concrete post and chain link perimeter fence with barbed wired toped. There is a concrete driveway and parking area at the main entrance and the remainder of the site is laid in tarmacadem or hardcore.

Schedule of Accommodation We understand the property provides the following net internal areas:Accommodation

sq ft

sq m

Production Area 1 Production Area 2 Production Area 3 Electronics Room (Grd Flr) Offices Store 1 Store 2 Electronics Room (1st Flr) Offices Production Mezzanine 1 Mezzanine 2

23,315 2,967 7,664 3,010 1,686 2,929 7,843 3,010 1,686 1,488 2,412 2,870

2,166.04 275.66 711.98 279.68 156.64 272.08 728.64 279.68 156.64 138.29 224.08 266.67

Total (ex mezzanine)

55,598

5,165.2

Total mezzanine stores

5,282

490.7

Total (inc mezzanine)

60,880

5,656.1

We calculate that the full site area extends to approximately 2.54 acres (1.03 hectares) and that the frontage to Balloo Crescent is 103.3 m (339 ft).

The property is registered for VAT and therefore VAT will be charged in addition to the rental figure.

Viewing Details/Further Information For further information and viewing arrangements please contact:Stuart Draffin Tel: 028 90 327954 Mobile: 07739 882441 Email: [email protected]

Greg Henry Tel: 028 90 327954 Mobile: 07841 928670 Email: [email protected]