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Refurbished Warehouse In Courtyard Location, Unit 1 (Postal Address 3), Hurlbutt Road, Heathcote Industrial Estate, Warwick, CV34 6TD

1,030 Sq Ft / Industrial / Light Industrial

To Let - £10,000.00 per annum

Let - Last updated: 16 July 2019

The development comprises a courtyard of terraced of units either side of a private tarmaced road. Each unit has a pitched and insulated roof with translucent roof lights, roller shutter door, double glazed UPVC entrance door and windows, fluorescent lighting, WC and kitchenette. Parking for 2-3 cars is available immediately outside each property.

Location

Hurlbutt Road runs between Bird Road and Blick Road which are accessed off Heathcote Way on the popular Heathcote Industrial Estate, Warwick. The Estate is situated on the south of Leamington Spa Town Centre and Junctions 13 and 14 of the M40 motorway are within 2 miles, as is Warwick Town Centre.

Accommodation

The unit measures 9.67m deep x 9.90m wide which produces a gross internal area of 95.73 sq m (1,030 sq ft). Access is via a roller shutter door measuring 2.43m wide with clearance of about 3.10m. Prior to handover, the property will be redecorated throughout and returned to its original open plan layout as per the photographs at the end of these details of a similar unit in the courtyard.

Terms

Services - Mains water, electricity and drainage are connected to the property. Interested parties should confirm the availability and condition of the services as no warranties are provided by the landlord or agent.

Tenure - A new full repairing and insuring lease will be granted for a term to be agreed. The letting will be outside the Security of Tenure provisions of the Landlord and Tenant Act 1954.

Rent - £10,000 pa plus VAT exclusive of business rates, service charge and all other outgoings payable quarterly in advance.

Service Charge - A service charge will be levied by the landlord for the upkeep of the exterior of the unit, including the roof and window frames, and the common parts including the car park and landscaped areas and the water rates for these areas. The cost per unit is anticipated to be in the region of £600 per annum plus VAT. The landlord will insure the buildings and recharge each occupier on a pro-rata basis with the cost per unit being approximately £242 for the current year (expiring May 2019). The tenant will be responsible for insuring their contents.

VAT - This will be payable in addition on the rent and service charge.

Rating Assessment - Rateable Value £8,300 Rates Payable £4,084 (2019/20) NB An occupier may be able to claim a discount on the above figure if they qualify under the Small Business Rate Relief scheme. Confirmation can be obtained from Warwick District Council (01926 456760).

Legal Costs - Each party will be responsible for their own costs incurred in this matter.

Specification

  • Courtyard of modern business units
  • Refurbished end of terrace unit with WC and kitchenette
  • Low maintenance with double glazed entrance door and windows
  • 100% Business Rate Relief for eligible occupiers 

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £10,000.00 per annum

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