Description
To Let - Flexible Office Space with Ample Parking
Coldharbour Business Park is a light industrial/ office estate offering a mix of warehouses, workshops, and office buildings. The business park plays host to various engineering, technology and professional service firms located conveniently close to Sherborne's town centre and railway station.
Sherborne is a historic market town, the town centre offers a charming blend of independent shops, cares and schools making it a popular destination for locals and visitors.
The building is a purpose-built office building which is currently split into two separate self-contained units both offering ground and first floor accommodation. Each unit has its own kitchenette and toilet facilities.
The building also benefits from a large car park offering in excess of 30 spaces, which would be split accordingly depending on amount of space rented.
Accommodation
Unit 1
Ground Floor - 1,506 Sq. Ft. (140 Sq. M.)
First Floor - 1,511 Sq. Ft. (140.45 Sq. M.)
Total GIA - 3,017 Sq. Ft. (280.45 Sq. M.)
Unit 2
Ground Floor - 2,948 Sq. Ft. (274 Sq. M.)
First Floor - 2,948 Sq. Ft. (274 Sq. M.)
Total GIA - 5,896 Sq. Ft. (548 Sq. M.)
Combined Total GIA - 8,913 Sq. Ft. (828.45 Sq. M.)
Planning
Under the new planning regulations, we believe the current permitted use to be use class 'E' which includes uses such as retail, professional services, cafe, health clinics, indoor recreation/sport and office. All parties are advised to make their own enquiries of the local authority for confirmation.
EPC Text
Asset Rating - To be assessed
Rating
Rateable Value £75,500 for the Whole
Individual Units to be assessed
Source www.voa.org.uk The 2024/2025 small business multiplier is 0.499 (49.9p payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation. *If you qualify as a 'small business' you may be eligible for substantial relief in connection with business rates payable. We advise all parties speak to the local authority in the first instance for confirmation.
Terms
Unit 1 - £15,000 per annum, exclusive
Unit 2 - £29,500 per annum, exclusive
Unit 1 and 2 - £40,000 per annum, exclusive
Available on new leases with terms to be negotiated.
Flexible short-term licences also available.
All tenancies are to be contracted outside the Landlord and Tenant Act 1954 Part II.
All interested parties should be aware of the Code of Leasing Premises 1st Edition, February 2020, for England and Wales, which recommends that they should seek professional advice from property professionals before agreeing or entering into a business tenancy.
( Agency Pilot Software ref: 11726 )