A brick built industrial unit with profile roof sheets and roller shutter access door with separate pedestrian door. The unit has a three-phase electric supply, concrete floor and side windows.
Motor trade is considered on this site and viewings are strictly by appointment with the agent’s office.
Location
The Mill Walk site sits next to the Conservative Club and the site can be accessed by either Mill Lane (via the ford) to the North or Hawkesley Crescent to the South. The site has good main road links via the Bristol Rd into Birmingham by road or via Northfield Train Station which is accessed via Mill lane and onto Station Road.
Accommodation
Gross Internal Area (GIA) is 2,100 sq ft (195.10 sqm).
Terms
Price: £19,200 pa + VAT.
Tenure: New lease available.
Service Charge: To be confirmed.
Rateable Value: £7,500 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 business maybe entitle 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 current annual cost at the time of print is . 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
- 2,100 sq ft (195.16 m2)
- £1,600 per month + VAT (£19,200 pa + VAT)
- Motor Trade Considered
- Roller Shutter Access
- Privately Operated Estate