The Ground floor office is located from the main entrance door which is operated by a magnetic entry system and a security grill used after hours. There is a common hall way with an office/meeting room off to the right which measures 5.62 m by 2.78 m with two windows, radiator, suspended ceiling and magnetic door lock. From the main hallway there are two further offices off the hall, the front one measures 4.94 m by 5.16 m with window to the front, radiator, suspended ceiling and lockable door. The second office (which could underjoin the front office with a doorway or taking out the stud wall) measures 4.48 m by 3.26 m with rear window, suspended ceiling, radiator and lockable door. There is a common kitchen, break out area and two toilets. The office has security shutters to the windows, an alarm system and entry system and CCTV system externally. Three parking spaces are available.
Location
Located on Saxon Business Park which is just off the B4091 Hanbury Road, Stoke Prior. The entrance to the Business Park is the third turning on your right as you pass over the canal bridge approaching from the Bromsgrove direction. As you enter Saxon Business Park cross over the first cross roads, pass over the next staggered cross roads and then take the next available left and the offices are located in the top left corner of phase three Saxon Business Park. The site is approximately 4 miles from junction 5 of the M5 motorway and also has good access routes to the M42 motorway at Bromsgrove.
Accommodation
Net Internal Area (NIA) is 583 sq ft (54.16 sq m).
Terms
Price:
£XXX per annum.
Tenure:
New lease available.
Service Charge:
The electric, gas and water costs along with cleaning, maintenance and security systems will be split with the other floor based upon the floor area on a pro-rata basis.
Rateable Value:
The landlord is having the building split into two separate assessments so both the ground and first floor should have a rateable value of less than £XXX making 100% business rates relief available to small businesses (providing they are not claiming the relief on another property).
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.
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 agents office upon request.
Specification
- Ground Floor Office
- Three Rooms
- Potential Interconnecting
- £XXX per month + VAT
- Two Toilets
- Kitchen/Break Out