The site has side access via secure steel gates to the manufacturing/warehouse unit via a service road with tandem parking spaces to the side of the road. This warehouse unit is constructed of three portal frame bays with corrugated roof sheets, clear roof lights and internal lining panels along with concrete floors and access via sliding doors to the rear and side elevations. Two of the portal bays have been extended and could be shortened to create a large rear yard area (subject to separate negotiation). There is a high level unloading canopy with roller shutter door to the rear of the second portal bay and a rear yard/turning area. Internally there is a toilet block which has been stripped out and two offices rooms along with an electricity sub-station.
Foundation House office building sits in front of the warehouse and offers 10,217 sq ft of accommodation over two floors with parking to the front of the building.
Location
Situated on Masons Road with access to the A46 from the Alcester Road A422 or Timothys Bridge Road. The property is 7.5 miles from junction 15 of the M40 motorway which is approximately 12 minutes by car.
Accommodation
Gross Internal Area (GIA)
Warehouse : 31,037 sq ft (2883.43 sq m).
Foundation House Offices : 10,217 sq ft ((949.53 sq m)
Terms
Price: From £77,592 per annum.
Tenure: New lease available.
Service Charge: Common area costs are split 50/50 with the offices in front of the of the warehouse known as Foundation House
Rateable Value: £90,500 (April 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 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 Certificate is to be confirmed.
Specification
- 7.5 Miles from J15 of M40
- 31,037 sq ft (2883 m2) Warehouse
- 10,217 sq ft (949.53 m2) Offices
- Established Employment Area
- Flexible Short Terms Available