A new build Industrial unit which will form an extension of the existing E block and will be effectively the end of the terrace. The unit will have roller shutter door and pedestrian door to the front of the unit. The unit will come with kitchen and toilet facilities and office accommodation could be built to individuals requirements. The unit will have a mono pitch roof and be constructed of composite panelled profile sheeting. The floor will be power floated concrete slab with concrete unloading area outside the roller shutter door. The site its self is well kept and has the benefit of an onsite manager and a full CCTV system. The unit is also available as a whole i.e. 4,337 sq ft or (403 m2).
Location
Situated on Astwood Lane just out of the village of Astwood Bank and only 5 miles from Redditch. Redditch has access to the M42 at junction 2 and nearby Bromsgrove has access to the M5 Motorway.
Accommodation
Gross Internal Area (GIA) is 2,168 sq ft (201.41 m2).
Terms
Price:
£12,466 per annum.
Tenure:
New lease available.
Service Charge:
0.31 per annum payable.
Rateable Value:
The building has not yet been assessed by the VOA for business rates purposes.
Rates Payable:
The rates payable are calculated as a multiplier of the rateable value. The current multiplier is 0.481 in the pound. Any interested applicants should contact the local authority and verify the multiplier and check if any rates relief is available for their business.
Insurance:
The buildings insurance paid annually by the landlord and recharged to the tenant. The tenant will need to arrange to insure their content and liability insurances.
Legal Costs:
Each party pays their own legal costs. The landlord may request a holding deposit of £1000 once terms are agreed. The landlord requires a three month security deposit and a £500 contribution towards his legal fees.
VAT:
Value Added Tax at the prevailing rate is applicable on all costs shown in these particulars apart from business rates.
EPC:
The building is currently a shell and does not yet require an Energy Performance Certificate.
Specification
- 2,168 sq ft (201.41 m2)
- New Build Unit
- Two Roller Shutters
- Modern Specification
- Rent £12,466 pa + VAT