The property comprises a refurbished railway arch with full glazed frontage that has been fitted out as quality office space and last used as a solicitors practice. There is an electrically operated roller shutter, 3 phase electricity supply and fire alarm system. In addition there is an onsite car parking area.
Location
The property is located on the northern side of Chapel Street, opposite the junction with Quay Street and the Lowry Hotel on the periphery of Manchester City Centre, All of the usual City Centre facilities are readily available.
Accommodation
Ground Floor
Reception
6 Offices
Male, Female and Disabled WC's
Kitchen
Mezzanine
Board Room
Office
Total - 3,515 SQ/FT (327SQ/M)
Terms
LEASE TERMS
The property is available by way of a new effectively fully repairing and insuring lease for a term of years to be agreed at an asking rent of £27,300 p.a. plus VAT payable monthly in advance.
BUSINESS RATES
The property is assessed for rating purposes at R.V. £33,750. The Rates payable based on a UBR of £0.47 are £14,850 p.a. (2010 Rating List)
SERVICE CHARGE & BUILDINGS INSURANCE
There is a service charge of £609.27 p.a. payable to the landlords covering the costs of maintaining all external aspects of the property and common areas such as the car parking area, Buildings insurance is recharged by the landlord at a rate of £852.19 p.a.
LEGAL COSTS
The ingoing tenant is to contribute £395 plus VAT towards the landlords legal costs in preparing the necessary documentation.
DEPOSIT
3 months rent is to be held for the term of the lease.
VAT
All prices, rents and outgoings are exclusive of but may be liable to VAT at the prevailing rate.