Minerva Mill is a beautiful 19th Century former Needle Factory which has been lovingly converted into a state of the art Serviced Office Complex & Innovation Centre. The property benefits from the following features: A manned reception area with mail sorting facilities and call answering facilities, there are several offices options from self-contained office suites, shared offices, hot desks and virtual office services, meeting rooms, onsite cafe known as the Bubble servicing hot and cold food with lots of seating and a table football facility, a conference room with projector facilities, onsite parking, telephone and fibre broadband facilities and a thriving business community.
Office 26 is a ground floor office located off the end of the main access corridor, the room is self-contained and is mainly open plan with four arched traditional windows, stripped wooden floors, exposed brick walls, cast iron supports, 13 amp sockets in the floor for your desks, a climate control system, blackboard wall, a separate board room/meeting room with three Velux style windows and carpeted flooring.
Location
Approaching Alcester from the Birmingham Rd A435 take the second turning from the roundabout on to the Birmingham Rd, continue onwards until you reach the traffic lights with School Rd on your left and Station Rd on your right. Turn right at the traffic lights and Minerva Mill is your first turning on your right hand side.
Accommodation
Net Internal Area (NIA) is 1,071 sq ft (99.50 sq m).
Terms
Price:
£XXX per annum.
Tenure:
New lease available.
Minerva Mill Service Charge - There is a current £XXX per sq. ft per annum + VAT service charge which covers: Front office reception to include confidential mail sorting/collection, parcel receipts, building insurance, fire alarm system maintenance, heating & lighting of shared common areas, fire prevention/common area extinguishers maintenance, lift maintenance, external window cleaning, cleaning of shared areas, decorating of shared areas, provision of toilet supplies, paper waste collection service, central heating maintenance, car park maintenance & water rates.
Rates Payable:
The rates payable are calculated as a multiplier of the rateable value. If the rateable value is £XXX or less small business maybe entitle 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.
Terms: Are typically three years leases on self-contained offices with a two month deposit and rent paid monthly in advance. Each office has its own electric meter and rateable value, small business can claim 100% rates relief on offices with a rateable value of £XXX or less providing they are not claiming this relief on another business premises. The rateable value of Office 26 is £XXX All costs are plus VAT.
Additional Services: Additional Service information sheet is available from the agents off upon request.
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 agents office upon request.
Specification
- 1,071 sq ft (99.59 m2)
- Serviced Offices
- Meeting Rooms
- Onsite Cafe Serving Hot Food
- Onsite Parking
- 5 Minute Walk to Alcester High Street