A self-contained office unit with double access doors as well as a single pedestrian door. The building has eleven windows giving plenty of light, a main open plan office area of 10.87 m x 7.20 m, there is a corridor leading to a kitchen area which houses a separate toilet room and off this is a further storage room which measures 4.59 m x 4.50 m. The unit has the use of 3 parking spaces and is within a gated site. The tenant is responsible for paying service charge, electricity via a sub meter and any subscription services such as broadband and a telephone line. The building is available from the 1st January 2019 and viewings are strictly by the sole agent Westbridge Commercial Ltd 01789 415628.
Location
Located off the main Stratford Road A422 just outside the village of Horley approximately 7 miles from Banbury and junction 11 of the M40.
Accommodation
Net Internal Area is 1,093 sq ft (101.54 sq m).
Terms
Price - £XXX per annum.
Tenure - New lease available.
Service Charge - £XXX per annum payable.
Rateable Value - £XXX source: www.voa.gov.uk.
Rates Payable - The rates payable are calculated as a multiplier of the rateable value. If the rateable value is £XXX or less small business may be entitled 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 current annual cost at the time of print is £XXX pa. 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 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 = F. A full copy of this report is available from the agent’s office upon request.
Specification
- 1,093 sq ft (101.64 m2)
- Open Plan Office
- Internal Toilet and Kitchen
- 3 Parking Spaces
- Rural Location
- £XXX pa + VAT