The suite is within a well maintained four storey detached modern style building which provides a good roadside profile. The subject suite is on the ground floor and approached via a secure communal entrance door and footpath on the Willes Road elevation. The suite benefits from its own kitchen and separate ladies and gents WC’s.
Location
Situated on the corner of Brandon Parade and Willes Road, the premises are within an established commercial area of the town, a short walk from various shops,bars and restaurants in the centre. The immediate area comprises a mix of period and more modern office buildings with a tree lined pedestrian boulevard having time limited ‘pay and display’ or all day free car parking either side. The Railway Station is within easy walking distance across the Pump Room Gardens and provides a regular service to London Marylebone and Birmingham.
Accommodation
Net Internal Area - 1,200 sq ft (111.48 sq m)
Terms
Services
Mains water, electricity, drainage and gas are connected to the property.
Tenure
A new lease will be granted for a term to be agreed with the letting being outside the Security of Tenure provisions of the Landlord & Tenant Act 1954. The tenant will be responsible for internal repairs and decoration to the suite and will contribute towards the service charge which covers a proportion of the landlord’s costs in relation to provision of gas fired central heating, external decoration and maintenance, upkeep of the internal common parts and provision of shared services. The service charge has historically been running at about £4.20 psf plus VAT with electricity recovered in addition by way of a sub-meter and a separate charge for the building insurance contribution.
Rent
£18,600, exclusive of business rates, service charge, VAT and all other outgoings, payable quarterly in advance.
VAT
VAT will be payable on the rent and service charge.
Rating Assessment
Rateable Value £14,500
Rates Payable (2015/16) £7,149.00
Please contact Warwick District Council on 01926 410410 to verify the above figures.
Legal Costs
Each party will be responsible for their own costs incurred in this matter.
Specification
- Self-contained ground floor suite with private WC’s and kitchen
- Gas central heating, double glazed windows and intruder alarm
- To be redecorated prior to completion of the lease
- Highly regarded business location within town centre
- Suspended ceiling with VDU compliant lighting
- Three compartment perimeter trunking at dado level
- Plaster walls to be redecorated prior to handover
- Gas fired radiator central heating system
- Smoke detectors and fire alarm system
- Burglar alarm system, zoned for each floor
- Intercom controlled front door
- Double glazed windows