An industrial/warehouse unit constructed of a steel portal frame with profile sheet cladding, twin skin roof with roof lights, roller shutter door at either end, an office unit to the front of the warehouse which has a mezzanine floor above measuring 542 sq ft (50.45 m2). The unit itself is mostly open plan with eaves height of 5.6m and a maximum ridge height of 6.3m. The unit has a painted floor, an oil fired blow heater (not tested), the use of 5 parking spaces (more available by separate negotiation), it's own toilet and pedestrian access doors at the front and rear. The warehouse measures 6.15m wide by 17.73m deep, within this is a studwork office of 3.78m x 5.83m, on top of the office is a mezzanine area which measures 8.19m x 6.16m. There is an estate service charge payable of £XXX per annum, a water charge contribution of £XXX per annum and a buildings insurance contribution of £XXX per annum.
Location
Located off the main Stratford Road (A422) just outside the village of Horley approximately 7 miles from Banbury and Junction 11 of the M42.
Accommodation
Gross Internal Area (GIA) is 1,716 sq ft (159.42 sq m).
Terms
Price - £XXX per annum.
Tenure - New lease available.
Service Charge - £XXX per annum payable.
Rateable Value - £XXX source: www.voa.gov.uk.
Rates Payable - The rates payable are calculated as a multiplier of the rateable value. 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 this. The current annual cost at the time of print is £XXX pa. The tenant will be responsible for insuring their own stock, content and liabilities insurance.
Legal Costs and Deposits - Each party pays their own legal costs. The landlord may request a holding deposit of £XXX once terms are agreed.
The landlord may ask the tenant to provide a deposit subject to the tenant’s 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 = E.
A full copy of this report is available from the agent’s office upon request.
Specification
- TO LET
- 1,716 sq ft (159.48 m2)
- Lofty Warehouse Unit
- 2 Roller Shutter Doors
- Rent £XXX pa + VAT