Block A is in the final stages of construction with just two units remaining in this terrace. Units 2 and 3 are available on an individual basis at 2,125 sq ft (197.58 sq m) or could be let as two units with no partition wall between the two, measuring 4,250 sq ft (395.16 sq m).
The units are constructed of steel portal frame design with composite profile roof sheets and double skin roof lights. The outer walls at high level are clad from microrib composite panelling with facing cavity wall bricks and inner blockwork walls at lower level. The floors are reinforced concrete slab, power floated with a sealed finish. The doors are up and over panelled doors with a further pedestrian door and fire escape door. All pedestrian doors are powder coated in matching colour schemes to the cladding flashings.
The units have ground floor offices with disabled toilet, standard toilet and kitchen leading to either the ground floor warehouse or the staircase which leads to the first floor offices which are open plan. Further internal offices or mezzanines can be designed as part of any lease (subject to separate negotiation). Parking is the front of the properties in allocated parking bays and there is a concrete unloading apron in front of each up and over access door. The units come ready for tenants to occupy apart from floor finishes to the offices, data cabling and the tenants required security systems.
Location
Vale Park is an established Business Park to the South of Evesham just of the A46. The Business Park was developed in the early 1990's and this plot is one of the few remaining parcels of land on the original site.
Accommodation
Gross Internal Area (GIA) is 2,125 sq ft (197.42 sq m).
Terms
Price - £17,500 per annum.
Tenure - New lease available.
Service Charge - Estimated at £500 per annum payable to be confirmed shortly
Rateable Value - To be valued by the VOA on completion of the build 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 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 estimated annual cost at the time of print is £450 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 £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 tenantís 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 will be supplied on completion of the build. Once complete a full copy of this report is available from the agentís office upon request.
Specification
- Units 2 & 3 Available
- Ground & First Floor Offices
- Mezzanine Available
- Good M5 and M42 Access
- Established Business Park