The unit is of steel portal frame design with brickwork at low level and lined panels to the walls and ceiling with clear roof panels in part. The concrete floors are painted with painted block work walls, overhead lights, and a separate pedestrian door with roller shutter door. Internally there is a ground floor reception office, kitchen, and two toilets on the ground floor and a staircase leading to first floor offices.
Location
Approaching from the north on the Birmingham Road A435 from Studley, take the first exit at the roundabout onto the main Arden Road B4089 after this passes over the River Arrow, take the third turning on the left hand side sign posted Arden Business Centre. The Unit is situated between Steven James Kitchens on the left and Tools and Fixings on the right.
Accommodation
Option 1) Refurbished Unit with ground floor of 2,134 sq ft with new first floor offices of 818 sq ft totalling 2,952 sq ft
Option 2) Refurbished Unit with ground floor of 2,134 sq ft with new first floor offices of 818 sq ft and a further open plan mezzanine area with rail and staircase of 974 sq ft giving a total area of 3,926 sq ft
Parking is to the front of the unit on the concrete area outside the frontage.
Ground Floor - 2,134 sq ft
First Floor - 818 sq ft
Mezzanine - 974 sq ft
Gross Internal Area (GIA) - 3,926 sq ft
Terms
Price:
Option 1) £XXX per annum. Option 2) £XXX per annum
Tenure:
New lease available excluded from the landlord and tenant act 1954.
Service Charge:
£XXX per quarter payable.
Rateable Value:
£XXX source: www.voa.gov.uk.
Rates Payable:
The rates payable are calculated as a multiplier of the rateable value. If the rateable value is £XXX or less small business maybe entitle to 100% rates relief providing the property is their only business premises. Interested applicants should contact the local authority and verify the multiplier and check if any rates relief is available for their business.
Legal Costs & Holding Deposit
Each party pays their own legal costs. The landlord may request a holding deposit of £XXX once terms are agreed this will be deducted off the first payment of rent.
Deposit:
The landlord may ask the tenant to provide a deposit, this is typically the equivalent of three months worth of rent but could change and is subject of the tenant’s financial status.
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
- Due for Refurbishment
- 2 Internal Layout Options
- 2,952 - 3,926 sq ft
- New Offices
- Roller Shutter Access
- £XXX - £XXX pa