The Unit was refurbished in 2005 and is constructed of a concrete cast portal frame, composite cladded roof sheets and wall sheets, clear roof lights, a roller shutter at one end and a sliding access door on the side elevation. There is a store area which could be converted into an office with further room overhead on a mezzanine level, there is also a WC facility next to the store area. The ridge height is 4.65 m, the eaves are 3.23 m and the roller shutter dimensions are 4.37 m by 2.81 m.
Location
The business park is situated off the A422 just outside the village of Inkberrow with easy road transport links to the M40, M42 and M5.
Accommodation
Gross Internal Area (GIA) is 3,517 sq ft (326.74 sq m).
Terms
Price:
£XXX per annum.
Tenure:
New lease available.
Service Charge:
The service charge payable by the tenant is £XXX per annum (2020/21)
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 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 = C.
A full copy of this report is available from the agent’s office upon request.
Specification
- 3,517 sq ft (326 m2) Unit
- Secure Gated Site
- Two Access Doors
- Sliding Internal Separation Wall
- £XXX per annum + VAT