A 1,712 sq ft (159 sq m) building suitable for a multitude of uses (subject to planning) which has been constructed to a modern standard with composite roof and wall sheets, blockwork walls, roller shutter door and power floated concrete floor slab. The property has an internal toilet, and kitchen facility as well as an internal office. Parking available on site for approximately 8 cars. Fibre broadband available on-site subject to subscription.
Location
Located off Crown Lane which connects to the A38 less than 3 miles from junction 5 of the M5 motorway.
Accommodation
Gross Internal Area (GIA) is 1,712 sq ft (159.05 sq m).
Terms
Price:
£XXX per annum + VAT.
Tenure:
New lease available.
Service Charge:
A contribution towards the water and sewerage is required monthly
Rateable Value:
The unit is 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:
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
- Semi Rural Unit
- Modern Insulated Building
- Close to M5 Junct 5
- 1,712 sq ft (159 sq m)
- £XXX + VAT pa