The property is a refurbished railway arch providing 7,151sq/ft of open plan industrial space. Access is via a steel shutter door providing drive in access to the unit. There is 3 phase electrics, a level concrete floor, florescent strip lighting and toilet facilities.
Location
The property is located on the southern side of North Western Street close to the junction with Fairfield Street close to Piccadilly Station on the fringe of Manchester City Centre.
Terms
LEASE
Available on Network Rail Property's Solutions Tenancy Agreement at a rental of £17,XXX.a. The benefits of this are that rent payments can be made monthly by direct debit. Rent increases are applied annually and are aligned to the Retail Price Index (RPI). Tenants are able to serve 3 months notice to end their tenancy at any point making this a very flexible option.
INSURANCE
The tenant is to pay the sum of £1,924 p. a. in respect of buildings insurance.
PLANNING PERMISSION
The property has B1/B8 light industrial/storage and office consent. Car uses will not be considered other than parking.
BUSINESS RATES
The property is assessed for rating purposes at R,V. £21,000 (2010 rating list). The rates payable are £10,XXX.a.
LEGAL COSTS
Tenant to contribute £395.00 + VAT towards the documentation and administration
VAT
All prices, rents and outgoings are exclusive of but may be liable to VAT at the prevailing rate.
Specification
- Rent £17,900 + VAT p.a. (£2.50 sq/ft)
- 6 Month Rent Free Period Available
- Drive in Access
- 3 Phase Electricity