A modern industrial/warehouse unit located at Alcester on a private gated development. The unit is constructed from steel portal frame with insulated roof sheets and twice the normal amount of clear roof lights on each roof. The walls are constructed from insulated profile and microrib sheets with up and over access doors. The unit has a toilet, kitchen and low bay LED warehouse lights. The unit has 8 meter eaves height, private off road parking spaces, own external bin store and use of the common cycle racks.
Location
Situated in an established commercial location on the outskirts of Alcester, 8.5 miles south of Redditch and 9.5 miles west of Stratford Upon Avon. Easy access to the motorway network via the A435, A46 and A422 with Junction 3/M42 10 miles to the north, Junction 15/M40 14.5 miles to the east and Junction 7/M5 16 miles to the west.
Accommodation
Floor Area: Gross Internal Area (GIA) is 2,000 sq ft (185.81 m2).
Terms
Price: £20,000 per annum.
Tenure: New lease available.
Service Charge: The tenant will pay a fair and proper contribution towards the maintenance of common areas.
Rateable Value: £15,750 (2023) 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 = A.
A full copy of this report is available from the agent’s office upon request.
Specification
- 2,000 sq ft (185.80 m2)
- 8 m Eaves Height
- Ample Parking
- LED Lights
- Gated Development
- £20,000 pa + VAT