An Industrial/Warehouse Unit constructed of a steel portal frame with lined roof and brickwork walls.
The unit has a ground floor pedestrian security door which leads to a ground floor office/reception, the office then leads to the main open plan workshop/warehouse area which can be accessed by a roller shutter door 3.50 m wide by 3.20 m high. The main workshop/warehouse area has a maximum ridge height of 5.55 m with an eaves height of 3.77 m and within this spaces is a mezzanine floor area which measures 4.51 m by 8.50 m featuring open storage and a separate meeting/break out room. There are two toilets under the mezzanine floor laid out as ladies and gents. The unit has a 100 amp three phase electric supply.
Externally the unit has an unloading apron with two allocated parking spaces, shared common parking spaces are also available on the site. The site has electric access gates which opens and closes automatically 7.00 am to 7.00 pm with access out of hours by a coded key pad.
Location
Located off the A423 Banbury Rd at Southam and just 6 miles from junction 12 of the M40 Motorway is this privately owned well established industrial estate featuring a number of small to medium sized Industrial units along with an office building.
Accommodation
Gross Internal Area (GIA) is 1,580 sq ft (146.79 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. If the rateable value is £XXX or less small businesses may be entitled 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:
The Energy Performance Rating of the property is to be confirmed.
A full copy of this report will be available from the agents office upon request.
Specification
- Ground Floor 1,168 sq ft (108.59 sq m)
- Mezzanine 412 sq ft (38.33 sq m)
- Ground Floor Office
- Two Toilets
- Roller Shutter Access
- £XXX pa + VAT