The property comprises two independent industrial units within a shared site formally operated as Triumph and Honda Motorbike dealerships. Alternative uses could be sought subject to the necessary consents. The accommodation is as follows: The smaller left hand brick built unit is slightly set back from the road with parking and unlading in front of it with access to storage space to the left hand side of the unit. This unit is predominantly of brick construction and measures approx. 2,358 sq ft (219.06 sqm). The ground floor comprises mainly showroom accommodation with ancillary storage area to the rear while the first floor provides office space. The unit could be used for a variety of uses subject to planning.
The larger brown clad unit to the right hand side is approx. 12,525 sq ft (1,163.6 sq m) and comprises a large showroom area spanning the full length of the unit and several workshop areas on the ground floor. Upstairs leads into a retail area on one side and a large storage area with ancillary offices on the other.
Externally there is small secure yard to the front and roller shutter door on the front elevation.
Location
Situated within walking distance to Train Station.
Accommodation
Gross Internal Area (GIA) is 2,358 sq ft (219.07 m2) - 14,883 sq ft (1,382 sq m) GIA
Terms
Price: From £25,000 per annum
Two separate roadside units formally used a Motorcycle showrooms and repair shops. The left hand brick unit is available at a rent of £25,000 per annum and the larger brown clad unit is available at a rent of £75,000.
Tenure: New lease available.
Service Charge: To be confirmed.
Rateable Value: Showroom and Premises Rateable Value : £54,500. Source: www.voa.gov.uk.
Rates Payable: The rates payable are calculated as a multiplier of the rateable value. If the rateable value is £12,000 or less, small businesses may be entitled to 100% rates relief providing the property is their only business premises. Any interested applicants should contact 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 £2000 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 = C. A full copy of this report is available from the agent’s office upon request.
Specification
- Two Independent Units
- Available as Single or as the Pair
- Rent of Brick Unit £25,000
- Rent of Brown Clad Unit £75,000
- Close to Motor, Bathroom & Tile Retailers
- Walking Distance to Train Station