The unit stands mid-terrace immediately adjacent to Golden Acres Lane. Built approximately 25 years ago, the construction is of steel portal frame with brick and blockwork insulated cavity walls and an insulated profiled metal sheet roof. The unit has predominantly LED lighting throughout the unit with carpet tile floor coverings in the hallways and offices. The property benefits from a WC and a kitchenette. Security shutters to the front entrance door and windows. Parking for approximately 2 cars immediately in front of the premises.
( Agency Pilot Software ref: 702 )
Location
Herald Business Park forms part of the large Binley Industrial Estate and is approached off Golden Acres Lane, close to the junction with Willenhall Lane.
The estate lies approximately 3 miles to the east of the city centre, next to the Coventry Eastern bypass which provides good road communications to the Midlands and national motorway networks. The Binley area enjoys a busy and thriving mix of industrial and office premises, together with expanding retail and leisure development.
Accommodation
1,750 sq.ft (163 sq.m
Terms
Services
All mains services are connected including single phase electricity. Heating is by means of night storage heaters.
EPC C (57)
Planning
Class E
Rent
£15,000 per annum exclusive.
Rates
The rateable value for the unit is currently assessed as one with surrounding units on the site. The assessment will need to be split and it is anticipated that the rateable value will be in the region of £13,500.
Tenure
Minimum lease term 3 years. Full repairing and insuring terms, contracted out of the Landlord & Tenant Act 1954.
Legal Costs
Each party to be responsible for their own legal costs incurred in the transaction.
Service Charge
A small service charge is levied for insurance and the repair and maintenance of the roadway and landscaped common areas, and is currently £360 per annum.