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Modern Office Premises, Office 6 Minerva Works, MInerva Mill Innovation Centre, Station Road, Alcester, B49 5ET

698 Sq Ft / Offices / Modern

To Let - £12,798.00 per annum

Available - Last updated: 16 December 2020

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 6 is a first floor office which features a climate control system, carpeted floors (colour could be changed), radiator, roof lights, 13 amp sockets and a window. The office is accessed off a hall way which houses the toilets and leads to the Bubble Cafe.

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 698 sq ft (64.85 sq m).

Terms

Price:
£12,798 per annum.

Tenure:
New lease available.

Minerva Mill Service Charge - There is a current £5.00 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, ecorating of shared areas, provision of toilet supplies, paper waste collection service, central heating maintenance, car park maintenance & water rates.

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 £12,000 or less providing they are not claiming this relief on another business premises. The rateable value for offices 6, 7 and 8 together is £30,750.00 pa. The offices are due to be reassessed. All costs are plus VAT.

Additional Services: Additional Service information sheet is available from the agents off upon request.

Rates Payable:
The rates payable are calculated as a multiplier of the rateable value. If the rateable value is £12,000 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 £1000 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 tenant’s 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 = C.

A full copy of this report is available from the agent’s office upon request.

Specification

  • First Floor Office
  • Climate Control
  • Roof Lights
  • Onsite Parking
  • 698 sq ft (64.88 sq m)

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £12,798.00 per annum

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Contact agents

Richard Johnson

Westbridge Commercial

01789 430045



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