The unit is accessed via a metal pedestrian door to the left hand side and internally the unit is mostly open plan with the main foot plate being 6.35 m by 19.42 m. To the right hand side is a disabled access WC with a separate small office. On top of this is an open storage area measuring 1.80 m by 8.73 m only accessible via a ladder.
The building has a minimum eaves height of 5.50 m and minimum ridge of 6.77 m with a roller shutter access door of 3.00 m wide by 4.30 m high. There is a rear pedestrian access door which leads to a private service road which is gated at the point of entry.
The unit is due to be refurbished with painted walls and floors as well as the electrics replaced and lights changed to LED.
Location
Heading out of Redditch on the Birmingham Road just after the Abbey Stadium on the left is a new island, take the second access onto Weights land and head towards t he railway bridge. After the bridge take your first right and the units are located just after Reddistores on the right hand side. The site is also conveniently located less than 3 miles from the M42 at Hopwood.
Accommodation
Gross Internal Area (GIA) is - 1,326 sq ft (123.42 sq m)
Terms
Price: £10,500 per annum.
Tenure: New lease available.
Service Charge: £240 pa (2024)
Rateable Value: £8,300 (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 business 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 current annual cost at the time of print is £400 (2024). 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 £1000 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 is = D.
A full copy of this report is available from the agent’s office upon request.
Specification
- 1,326 sq ft (123.42 m2)
- Due To Be Refurbished
- Ground Floor Office
- Less Than 3 Miles To M42
- £10,500 PA + VAT