Light Industrial in Lathbury available to rent
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Light Industrial Units to Rent in Lathbury (Newport Pagnell)

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Light Industrial Units to rent within 5 miles of Lathbury (Newport Pagnell)

More details for 3 Precedent Dr, Milton Keynes - Light Industrial to Rent

Precedent House - 3 Precedent Dr

Milton Keynes, MK13 8HF

  • Light Industrial to Let
  • £18.50 sq ft pa
  • 40,273 sq ft
  • 1 Unit Available Now
  • Energy Performance: B

Milton Keynes Light Industrial to Rent

A detached HQ building formed from two linked buildings situated on a prominent self-contained secure site. The premises comprise fully fitted two storey office accommodation formed around a full height central glazed atrium with a two storey linked amenity block connecting to the production / warehouse area. The production accommodation has been divided up further to provide a combination of two storey self-contained air conditioned workshop and electronics lab space with full height warehouse / production space which has a minimum eaves height of 6m (rising to 9m at the apex), LED lighting throughout with 2 ground level automated loading doors. Externally there is a generous car parking provision surrounding two sides of the premises with an enclosed service yard. The premises will be available by way of a new full repairing and insuring lease from April 2026.

Contacts:

Bidwells LLP

Louch Shacklock & Partners LLP

Date on Market:

01/04/2025
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LoopNet UK Buckinghamshire Newport Pagnell Light Industrial Units To Rent in Lathbury, Newport Pagnell, UK

Learn More About Leasing Light Industrial Units

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Frequently Asked Questions About Renting Light Industrial Units in Lathbury

Search all light industrial units
What is a light industrial unit?
A light industrial unit is a commercial space typically used for manufacturing, assembly, storage, or distribution of goods. These units are generally quieter and cleaner than heavy industrial premises and are often used by small to medium-sized businesses.
What types of businesses typically rent light industrial units?
Common tenants include e-commerce companies, tradespeople, craft manufacturers, food production businesses, and logistics or delivery firms. Startups and SMEs also use these units for flexible warehousing and workshop space.
What should I consider before renting a unit?
Key factors include location, transport links, size, loading access, ceiling height, power supply, parking, lease terms, business rates, and whether planning permission suits your intended use.
How much do light industrial units cost to rent?
Costs vary by location and size. In 2025, typical rents range from £6–£12 per square foot per year outside of London, and £15–£30+ per square foot in central areas. Additional costs such as business rates, utilities, and service charges may apply.
What lease terms are usually available?
Most units are offered on flexible leases (3–10 years), but shorter-term licenses may be available. Break clauses and rent review periods are common. Always seek legal advice before signing.
Are business rates included in the rent?
No, tenants usually pay business rates separately unless it's an all-inclusive rent. Some smaller businesses may qualify for Small Business Rates Relief (SBRR), which can significantly reduce the cost.
Do I need planning permission for my business?
Light industrial units typically fall under Use Class E(g)(iii). If your business activity differs (e.g., retail or heavy machinery), you may need to apply for a change of use with the local council.
Can I make alterations to the unit?
Most landlords allow internal changes with prior consent, especially if they improve functionality. Structural changes usually require formal approval. Always check your lease before making alterations.
What is typically included in a light industrial unit?
Standard features often include roller shutter doors, 3-phase electricity, concrete flooring, lighting, small office areas, WCs, and parking. Specifications vary, so confirm before committing.
Do I need insurance?
Yes. You’ll usually need public liability insurance, employers’ liability (if applicable), and contents insurance. The landlord typically covers the building insurance, but check your lease for details.
Can I sublet or assign the lease?
This depends on the lease terms. Some leases allow it with landlord consent; others do not. If flexibility is important, clarify this during negotiations.
How do I find a suitable light industrial unit?
You can start your search on LoopNet then get in touch with local specialist commercial agents.
How does self-storage work?
Self-storage allows you to rent a secure unit where you can store personal or business items. You choose a unit size, move in your items, and typically use your own lock and key. Units are accessible during set hours, and you can rent short- or long-term depending on your needs.

Find More Light Industrial Units to Rent in and Near to Lathbury (Newport Pagnell) on LoopNet

Lathbury (Newport Pagnell) Light Industrial Unit Rental Market Summary

Key rental metrics for Light Industrial Units in Lathbury (Newport Pagnell) and comparable markets. This snapshot combines rental rates and typical space sizes to provide a comprehensive view of the rental market.

Market Avg Rent Per Sq Ft Typical Size
Newport Pagnell £11 1,907 sq ft
Milton Keynes £12 11,727 sq ft
Stony Stratford £10 2,253 sq ft
Kempston £9 4,136 sq ft
Leighton Buzzard £7 5,071 sq ft

Rent Analysis for Lathbury (Newport Pagnell) Area

Compare rental rates per square foot across cities near Lathbury (Newport Pagnell). These rates help establish market benchmarks and identify opportunities for tenants and landlords in the commercial rental market.

City Min Rent Per Sq Ft Avg Rent Per Sq Ft Max Rent Per Sq Ft
Newport Pagnell £10 £11 £11
Milton Keynes £9 £12 £14
Stony Stratford £10 £10 £10
Kempston £8 £9 £11
Leighton Buzzard £7 £7 £7

Available Light Industrial Unit Sizes Near Lathbury (Newport Pagnell)

Overview of Light Industrial Unit sizes currently available in the Lathbury (Newport Pagnell) area. Understanding the typical size range helps narrow your search based on space requirements and operational needs.

City Smallest Space Typical Size Largest Space
Newport Pagnell 1,423 sq ft 1,907 sq ft 2,390 sq ft
Milton Keynes 20 sq ft 11,727 sq ft 40,273 sq ft
Stony Stratford 2,253 sq ft 2,253 sq ft 2,253 sq ft
Kempston 1,000 sq ft 4,136 sq ft 7,166 sq ft
Leighton Buzzard 5,071 sq ft 5,071 sq ft 5,071 sq ft

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