Warwick House Business Park comprises 15 light industrial / warehouse units set behind a detached two storey office building. The units are of brickwork and block construction with external cladding with Unit 1 having a mono pitched roof with translucent roof lights and an eaves height of 12’7 (3.84 m) rising to 14’5 (4.39 m) and Unit 9 having an even pitched roof being approximately 12 ft to eaves (3.66m) rising to 19 ft 3 in to the apex (5.56m). The general specification for each unit includes fluorescent lighting, WC’s, the potential for three phase electricity to be connected if it is not there already and designated parking. Access into the unit is via a roller shutter with Unit 9 having one at each end of the property.
Location
Warwick House Business Park is situated on the A423 Banbury Road about 1 mile south of Southam Town Centre. The area is approximately 7 miles to the east of Leamington Spa, 10 miles west of Daventry, 13 miles south east of Coventry and 14 miles north of Banbury 10 miles south west of Rugby. Junction 12 of the M40 is approximately 5 miles to the south west via the B4451.
Southam has continued to grow over the last few years in terms of its residential and commercial / industrial population. This has enabled many of the local companies to continue to expand yet stay within the same geographical location and benefit from the availability of a good pool of labour.
Accommodation
Unit 1 – 1,000 sq ft (92.9 sq m)
Unit 9 – 3,605 sq ft (334.95 sq m) to include three built in offices totalling 587 sq ft (54.59 sq m) plus reception, lobby / trade counter. The unit is currently split in half by way of stud partitioning with internal timber doors connecting each part and roller shutter doors at both ends with one having the height and width of 10 ft x 10 ft (3.05 m x 3.05 m) and the other being 10 ft 4 in high x 8 ft 10 in wide (3.15 m x 2.7 m).
Terms
Services
Mains water, electricity, and drainage are connected. If three phase electricity is not already connected it can be, subject to satisfactory terms being agreed. Neither the landlord nor the agent can provide any warranties / guarantees in respect of the condition of these.
Business Rates
Rateable Value Rates Payable (2013 / 2014)
Unit 1 £XXX £XXX
Unit 9 £XXX £XXX
The Uniform Business Rate is XXX in the pound excluding any discount that may be available. If a unit has a Rateable Value of £XXX or less and the occupier can qualify for Small Business Rate Relief then the tenant may not be required to pay any business rates until 1st April 2014. For confirmation of this, eligibility for potential relief and further details, please contact the Business Rates Department at Stratford District Council on 01789 267575.
Lease Terms
The units are available to let by way of a full repairing and insuring lease for a term to be agreed. A service charge will be levied by the landlord for the upkeep of the common parts including car park and landscaping and the insurance of the buildings and this has typically been running at about £XXX per sq ft plus VAT per annum. The lettings will be taken outside the Security of Tenure provisions of the Landlord and Tenant Act 1954.
Rent
Unit 1 - £XXX per annum
Unit 9 - £XXX per annum
The above figures are exclusive of business rates, service charge and all other outgoings and will be paid quarterly in advance. VAT will be charged.
Specification
- Unit 1 having a minimum eaves height of 12ft 7in (3.84m) rising to 14 ft 5 in (4.39m)
- Unit 9 having an eaves height of approximately 12ft 7in (3.84m) being mainly open plan with built in offices.
- Additional offices available in the adjacent building where up to 1,892 sq ft (175.77 sq m) is available.
- Well located for access to M40 and a number of surrounding towns.