A modern Industrial/Warehouse unit constructed of steel mono pitch frame with composite panelled insulation sheets. The building has a concrete floor, three phase electrics, overhead electrical lighting, clear roof lights, internal office measuring 3.55 m by 3.81 m, roller shutter access door measuring 4.30 m by 3.70 m and a separate pedestrian door. The unit also has parking to the front of the building and is situated behind a secure palisade fence and gate with 24 hour access.
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 1,271 sq ft (118.08 sq m).
Terms
Price:
£XXX per annum.
Tenure:
New lease available.
Service Charge:
£XXX per month.
Rateable Value:
Awaiting RV from VOA source: www.voa.gov.uk.
Rates Payable:
The rates payable are calculated as a multiplier of the rateable value. 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.