A courtyard development of only 9 small industrial units that are programmed to complete in August 2023. The units will be constructed in two blocks, one consisting of 6 units and the other of 3 units. The units will be built of steel portal framework under steel profile cladding.
Location
Cove Business Centre is being constructed within an area to the rear of the local village shops, see attached location plan. Cove Village is a short drive from Farnborough Town Centre, and equal distance between Junction 4 and 4a of the M3 Motorway. Also, a short drive from the A331 Blackwater Relief Road given access to Camberley, Farnham, A31 and M3. A short drive from Farnborough mainline station with London/Waterloo with approximately 34 minutes (fast train). Cove village has a number of shops in Cove Road, including a Tesco Express and various Cafes and Restaurants.
Accommodation
Unit No. Size(ft²) Approx. Gross Internal Size(m²) Approx. Gross Internal Rent ft² Rent per annum (figures plus VAT) Parking Spaces, Availability
1 - 882 sq ft | 82 sq m | £16.50 | £14,550 | 2 Parking Spaces | Reserved
2 - 861 sq ft | 80 sq m | £16.50 | £14,210 | 2 Parking Spaces | Reserved
3 - 840 sq ft | 78 sq m | £16.50 | £13,860 | 2 Parking Spaces | Reserved
4 - 796 sq ft | 74 sq m | £16.50 | £13,140 | 2 Parking Spaces | Available
5 - 796 sq ft | 74 sq m | £16.50 | £13,140 | 2 Parking Spaces | Available FEB/MAR24
6 - Reserved
7 - 597 sq ft | 55.46 sq m | £18.00 | £10,750 | 2 Parking Spaces | Reserved
8 - 597 sq ft | 55.46 sq m | £18.00 | £10,750 | 2 Parking Spaces | Available
9 - 597 sq ft | 55.46 sq m | £18.00 | £10,750 | 2 Parking Spaces | Reserved
*Units can be combined to form larger combinations
Terms
SERVICE CHARGE
Each unit will pay an apportion of the expenses to maintain and repair the external areas of the estate, this will be calculated on unit floor areas, the services will include items such as landscaping, external lighting, annual gutter cleaning, quarterly external window cleaning, rubbish picking etc. Costs to be confirmed.
BUILDINGS INSURANCE
The estate will be covered by a block insurance policy, and will be charged back to each unit based on floor areas. The cost to be confirmed.
LEASES
The units will be available on new leases, with the length of lease term by agreement.
VAT
VAT will be chargeable on the rent, service charge and buildings insurance.
LEGAL COSTS
Each party to be responsible for their own legal costs within the transaction.
BUSINESS RATES
To be assessed – Further information on application.
ENERGY PERFORMANCE CERTIFICATES (EPCs)
To be provided on completion of units.
RESERVATION PROCEDURE
A reservation deposit of £1,000, with further information on application.
AVAILABILITY
Estimated completion Around August 2023.