A useful yard with new palisade fence and gates making it completely enclosed to create a secure storage yard/compound. The yard is to the rear of an existing gated site on the Arden Forest Industrial Estate and tenants would have used of the main gates 24/7. The yard has hard standing under foot and access are via a set of gates. There is a sub-metered electric supply and a water supply available to the Yard from the factory next door. The yard area measures 18m wide by 28m long and the double gates have an opening of 4.10 m. N.B The photos used are from when the current tenant took posession as the agents have not been able to gain access to the yard to date.
Location
Located at the top of Tything Road on the popular Arden Forest Industrial Estate at Alcester.
Accommodation
Floor Area: Gross Internal Area (GIA) is 5423 sq ft (503.81 sq m).
Terms
Price: £XXX per annum.
Tenure: New lease available.
Service Charge: The tenant will pay a fair and proper proportion of any estate service charge payable based upon the site area they occupy.
Rateable Value: Not currently rated. 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 businesses may be entitled to 100% rates relief providing the property is their only business premises. 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 the buildings insurance annually. The tenant will be responsible for insuring their own stock, content and liabilities.
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: An Energy Performance Rating is not required.
Specification
- 5,423 sq ft (504 m2)
- Secure Site
- Self-Contained Yard
- Established Location
- £XXX pm + VAT