Unit E4 has roller shutter access from both front and rear elevations with reception office and second office accessed via the front elevation. The unit is open plan with a further storage area which used to form part of the next door unit. This area is accessed by two openings but the cladding could be removed giving a more open layout. There are two toilets and a kitchen area beyond the offices. The unit has a mono pitched roof and is constructed of composite panelled profile sheeting with clear roof lights and also electrical sodium lights. The floor will be power floated concrete slab with concrete unloading area outside each of the roller shutter doors. The main unit measures 32.50 m long by 16.57 m wide which included the offices within this space. The further extension which used to form part of next doors unit measures 32.59 m by 5.19 m. The unit has minimum eaves of 3.98 m and maximum eaves of 5.98 m. The site its self is well kept and has the benefit of an onsite manager and a full CCTV system.
Location
Situated on Astwood Lane just out of the village of Astwood Bank and only 5 miles from Redditch. Redditch has access to the M42 at junction 2 and nearby Bromsgrove has access to the M5 Motorway
Accommodation
Gross Internal Area (GIA) is 7,614 sq ft (707.36 sq m).
Terms
Tenure: New lease available.
Service Charge: To be confirmed.
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 businesses 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 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 to be confirmed. A full copy of this report will be available from the agent’s office upon request.
Specification
- 7,614 sq ft (707.66 sq m)
- Modern Unit
- Two Roller Shutters
- Offices and Storage Above
- £XXX per annum (+VAT)