An Industrial/Warehouse Unit situated to the front of the Estate. The unit has just had the roof over clad with and the walls are due to also be re-clad with a further roller shutter door fitted if needed. There is an unloading canopy to the side elevation with a roller shutter access which leads into the main warehouse with concrete floor and a raised area which would made ideal offices, kitchen and toilet block.
Location
The property is located just 4 miles from the M42 at junction 2. Directions to the site are as follows:- as you leave Redditch on the Birmingham Road the A441, take a right hand turning on to the B4101 Dagnell End Road. Drive along this road until you come to a left hand turning which will be signposted Lower Park Fishery, turn left through the gates and head on up the drive past the fishery on the left hand side all the way to main industrial park. Parking is available outside each unit and allocated on a lease by lease basis.
Accommodation
Gross Internal Area (GIA) is 7,496 sq ft (696.40 sq m).
Terms
Price - £XXX per annum.
Tenure - New lease available.
Service Charge - Based on £XXXp per annum payable £XXX + VAT.
Rateable Value - The property is not listed in the rating assessment. 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 may be entitled to 100% rates relief providing the property is their only business premises. Any interested applicants should contant 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 current annual cost at the time of print is £XXX per annum. 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 - The Energy Performance Rating of the property is = C. A full copy of this report is available from the agent’s office upon request.
Specification
- 7,496 sq ft (696.40 sq m)
- Re-Clad Roof & Walls
- Offices To Be Built
- Unloading Canopy
- £XXX per annum + VAT