A useful workshop/warehouse unit with a ground floor foot plate of 6.76 m wide x 11.48 m deep. The unit has an eaves height of 4.13 m with a ridge height of 5.01 m. The unit is constructed of composite panelling on the roof and walls with partly clear roof lights and further electrical lighting. There is a roller shutter which measures 3.6 m wide x 3.9 m high, there is the use of the common toilet block which is to the right hand side of the building.
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 834 sq ft (77.48 sq m).
Terms
Price: £10,000 per annum.
Tenure: New lease available.
Service Charge: £125 pa (2023)
Rateable Value: Not yet 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 £12,000 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 £1000 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
- 834 sq ft (77.60 m2)
- Secure Site with 24 hr Access
- 4 Miles from Junction 2 of the M42
- Modern Composite Panelled Unit
- £10,000 pa + VAT