A well maintained Industrial Unit situated on the Popular Swan Trade Centre close to the Town Centre of the Stratford and with easy access to the A46 & M40 at junction 15. The unit is constructed of a steel portal frame with a lined roof, brickwork walls and a roller shutter access as well as a double aluminium and glass pedestrian access door. The pedestrian access door has a further security shutter which can be pulled down and locked at night. The property also has an alarm system, disabled toilet, three phase electric supply, kitchen and further small office (presumed to be tenants fit out) along with rear access to the fire escape. The unit measures approximately 24.00 m long by 10.78 m wide with a minimum eaves of 4.51 m and a minimum ridge of 6.64 m. The roller shutter is 3.00 m wide by 3.60m high. A lease is available via an assignment of the existing term which runs until 26th October 2024 with a break clause at 30th October 2019. Alternatively the agents can speak to the landlord regarding a surrender and granting of a new lease.
Location
Located just off the Birmingham Road, Stratford upon Avon on Avenue Farm Industrial Estate the Estate is privately managed with access to the units from a common service road.
Accommodation
Gross Internal Area (GIA) is 2,783 sq ft (258.55 m2).
Terms
Price:
£XXX per annum.
Tenure:
Assignment of lease available or potentially a new lease (subject to landlords consent).
Service Charge:
£XXX per annum payable.
Rateable Value:
Proposed new RV for 2017 £XXX source: www.voa.gov.uk.
Rates Payable:
The rates payable are calculated as a multiplier of the rateable value. The current multiplier is 0.491 in the pound. Any interested applicants should contact the local authority and verify the multiplier and check if any rates relief is available for their business.
Insurance:
Standard commercial terms are that the landlord insures the building and the tenant pays the landlord the cost of this. The current annual cost at the time of print is £XXX The tenant will be responsible for insuring their own stock, content and liabilities insurance.
Legal Costs:
Each party pays their own legal costs. The landlord may request a holding deposit of £XXX once terms are agreed.
VAT:
Value Added Tax at the prevailing rate is applicable on all costs shown in these particulars apart from business rates.
EPC:
The Energy Performance Rating of the property is = D. A full copy of this report is available from the agent’s office upon request.
Specification
- Roll Shutter Access
- 5 Parking Bays
- 4.51 m Eaves