Tower Square is a self-contained industrial estate of 14 units arranged on three sides to create a courtyard with central communal car parking and an access road along the front of the units.
The units are of steel portal frame construction and predominantly under mono-pitched roofs with profile steel cladding and an eaves height increasing to the rear. The front elevations of the units are faced with brickwork with profile steel cladding above with roller shutter loading doors onto the central car park. The units have a separate pedestrian access leading to an office/reception facility.
The four units comprise the following approximate areas:
Unit No. Sq ft Sq M Rent Rent psf
3 1,633 151.71 £11,760.00 £7.20
4 2,484 230.74 £18,620.00 £7.49
5 1,219 114.23 £10,800.00 £8.85
6 1,230 114.31 £8,865.00 £7.21
Total 6,566 610.99 £50,045.00 £7.62 average
*All measurements are approximate
The units are currently let by way of four separate leases to Optikinetics Ltd (Company No. 00668106) on effective full repairing leases and are due to expire on 17 January 2025. The agents consider the passing rents to be below current open market rental values.
In addition, the freehold of the whole estate is included which benefits from additional ground rental payments for Units 1, 2 & 7 to 14. The estate service charge is fully recoverable from occupiers, further details available on request.
This website uses cookies to improve your experience when using the site. To find out more about how we use cookies and how you can control them please read our privacy policy. Use of this website means you have accepted the policy. Cookie settingsACCEPT
Privacy & Cookies Policy
Privacy Overview
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.