The unit is currently laid out as a wholesale showroom with part carpeted floors in the main warehouse, a separate office/meeting room, kitchen, and toilet. There is also a first floor mezzanine area above the ground floor office with a further extension to this off the main staircase. To the rear of the warehouse is a further first floor mezzanine area with its own staircase. The building is accessed via a gated yard area which is locked at night but tenants have 24 hour access to. The roller shutter door is 3.00 m wide by 5.85 m in height. The first floor footplate measures 19.55 m by 12.06 m and the eaves height is 5.85m with the ridge height at 6.66 m.
Location
Weights Lane is located off the A441 approximately 3 miles from junction 2 of the M42 motorway on the outskirts of Redditch.
Accommodation
Gross Internal Area (GIA) is 3,298 sq ft (306.39 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. 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 - 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 The tenant will be responsible for insuring their own stock, content and liabilities insurance.
Legal Costs - Each party pays their own legal costs. The landlord may request a holding deposit of £XXX once terms are agreed.
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 = D. A full copy of this report is available from the agent’s office upon request.
Specification
- 3,298 sq ft (306.39 m2)
- Showroom layout
- Two mezzanine areas
- Internal Offices
- Rent £XXX pa + VAT