The office is approximately 1,140 sq ft and is set in a converted courtyard development within Weights Farm Business Park. The office is two storeys with a modern specification yet retains some period features such as stripped beams. The office has a separate kitchen area, two toilets and some useful under stairs storage along with first floor office space with vaulted ceiling. The property also benefits from its own electric meter, electric panel heaters, some CAT5 cabling, designated parking along with an overspill car park.
Location
Weights Lane is located off the A441 on the outskirts of Redditch approximately 3 miles from junction 2 of the M42 motorway.
Accommodation
Net Internal Area (NIA) is 1,140 sq ft (105.91 sq m).
Terms
Price - £XXX per annum.
Tenure - New lease available.
Service Charge - Is included in the rent.
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 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 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 = D. A full copy of this report is available from the agent’s office upon request.
Specification
- Converted Period Building
- 1,140 sq ft (107 m2)
- Two storey office
- Modern office spec
- Private Parking
- £XXX pa + VAT