Unit 4 is an Industrial/Warehouse unit measuring 22.96 m long by 6.31 m wide internally with a roller shutter to the front measuring 4.0m high by 3.10m wide. The unit has a power floated concrete floor, toilet and small kitchenette with potential for an office to be built internally. The unit has a three phase electric supply and a water supply along with rear pedestrian access to the loading service road to the rear of the unit. The Eaves height is 6.48m high with a ridge height of 7.96m.
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 1,558 sq ft (144.74 sq m).
Terms
Price:
£6,500 per annum.
Tenure:
Standard Law Society Tenancy Agreement Used.
Service Charge:
£240.00 per annum payable.
Rateable Value:
£6500 source: www.voa.gov.uk
Rates Payable:
The rates payable are calculated as a multiplier of the rateable value. The current multiplier is 0.471 p 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:
£250 pa buildings insurance paid annually. 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.
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 = C. A full copy of this report is available from the agent’s office upon request.
Specification
- Industrial/Warehouse
- 1,558 sq ft (144 m2) GIA
- 3 Miles from M42
- 3 Phase Electric
- Rent £6,500 pa + VAT