The unit is situated in a small private development and the site is gated and locked after hours but with 24 hours access for key holders.
A semi-detached industrial unit with parking to the front and side of building, roller shutter door and separate Upvc side door, painted concrete floor, three phase electric, toilet, kitchen and small office area. There is strip lighting overhead, lined roof, electric roller shutter door, gas on site and a rear fire exit door.
The property currently has internal studwork office approximately 50% of the internal area which could be removed to create the open plan space shown in the marketing photos.
Location
Heading East on the A38 from junction 4 of the M5 motorway 1669 Bristol Road South is located on the left handside just before the McDonalds turning through a set of double gates set back from the roadway.
Accommodation
Gross Internal Area (GIA) is 1,267 sq ft (117.71 sq m)
Terms
Price: £11,000 per annum.
Tenure: New lease available.
Service Charge: To be confirmed.
Rateable Value: £7,600 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 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 £1,000 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 = E.
A full copy of this report is available from the agent’s office upon request.
Specification
- 1,267 sq ft (117.7 m2)
- Parking to side
- 3 phase electric
- Roller shutter
- Easy M5 access
- Easy Birmingham access