Jubilee Business Park is a secure site comprising of a range of commercial units including offices and larger commercial stores. The site has ample parking for employees and visitors to the site.
( Agency Pilot Software Ref: 1982 )
Location
Jubilee Business Park is located in a rural setting on the edge of Appleby Magna with the benefit of good motorway network. The site is 1 mile away from the A444 and 1.5miles from M42 J11 providing swift access to the regional business centers of Birmingham, Coventry, Leicester and Nottingham.
Accommodation
Workshop/ storage area: 845ft2 29.72ft x 28.41ft (9.06m x 8.66m)
A large open plan storage area with roller shutter doors Office: 275 ft2 (total area)
Office: 18.8ft x 14.6ft (4.45m x 5.73m) with pedestrian door to workshop area, kitchenette and W.C.
Terms
RENT £XXX per annum plus VAT
EPC: TBC
TENURE The whole unit is available to Let by way of a new Full Repairing and Insuring Lease for a term of three years with 18 monthly rent reviews and is excluded from Sections 24-28 of the Landlord and Tenant Act 1954.
SERVICES Mains electricity, mains gas, mains water and mains drainage system. The tenant will be responsible for the payment of all services from the date of occupation. BT Phone line and Fibre Optic Cable. We would advise interested parties to undertake their own enquiries as to the adequacy and availability of these services which have not been tested or verified by Howkins and Harrison LLP.
SERVICE CHARGE A service charge will be payable for the management and maintenance of the site at a fixed rate of £XXX + VAT per annum, payable quarterly in advance.
MAINTENANCE AND INSURANCE The tenant will be responsible for the maintenance, repair and upkeep of the unit. Insurance is put in place by the landlord and will be charged to the tenant on an annual basis plus VAT. The landlord is responsible for all external repairs.
OUTGOINGS AND VAT The property is subject to business rates, the tenant will be responsible for paying the rates from the date of occupation. VAT will be charge on the rent.
LEGAL FEES The tenant will be responsible for paying 50% of the Landlords legal fees (subject to a cap of £XXX + VAT)
DEPOSIT A deposit will be required equivalent to 10% of the rent per annum plus VAT to be held by the Landlord for the duration of the lease.