The yard is located via a set of metal gates and the main entrance part of the yard is concrete slab with a disused weigh bridge to the rear of the yard (not in working order) and a further porta cabin to the right of this. This area measures 8,747 sq ft (813 sq m). There is then a further larger area of yard which is compacted road chippings underfoot and this area has a rear metal fence and measures 11,712 sq ft or (1088 sq m).
N.B The porta cabin is not included in any lease agreement due it condition but any perspective tenant could arrange their own unit at their cost. Please note this yard cannot be used for a waste transfer station or similar. The Yard is available by way of a lease assignment but a new lease may also be considered.
Location
Located 7.00 miles from junction 2 of the M42 motorway the property is located off Upper Cross Gate Rd. From Old Forge Drive take the turning onto Howard Rd and then a left onto Crossgate Rd. Upper Crossgate Rd is located left off and the yard is located next to Unit 5 Upper Crossgate Rd.
Accommodation
Gross Internal Area (GIA) is 20,456 sq ft (1900.42 sq m).
Terms
Price:
£XXX per annum.
Tenure:
The Yard is available by lease assignment or a new lease available (subject to the land owners agreeing new terms).
Rateable Value:
Awaiting valuation from VOA.
Rates Payable:
The rates payable are calculated as a multiplier of the rateable value. If the rateable value is £XXX 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 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 tenants financial status.
VAT:
Value Added Tax at the prevailing rate is applicable on all costs shown in these particulars apart from business rates.
EPC:
An Energy Performance Certificate is not applicable.
Specification
- Double Gates
- 7.00 Miles from M42