Office 12 was originally is own self-contained office but the previous owners knocked through from office 11 next door to create one open plan space ground and first floor. The current owners are looking to return the building back to its original configuration (at their costs) and sell office 12 as a self-contained office building with vacant possession. The building itself is a modern construction built in 2008, in recent times the building has been upgraded with new air conditioning units and LED lights.
The accommodation is laid out as follows: Ground floor entrance door leads to a corridor with disabled access toilet, electrical cupboard and a door leading to the ground floor glazed meeting room off a corridor and a separate directors office next door. The ground floor office is open plan with four windows giving plenty of natural light into the space. The ceilings are suspended ceilings tiles with LED lights set within them, the floors are carpeted floor tiles and there is a kitchen facility as well as a separate room with sink currently used as a storage cupboard. On the first floor there is a toilet at the top of the stairs with a kitchen area next door to it. There is a large board room/meeting room with five windows. The main office space is open plan featuring four windows, carpet tiles, suspended ceiling tiles and LED panels in the ceiling.
Location
Located off Timothy's Bridge Road on the Stratford Enterprise Park with easy road access to the A46 and M40 at junction 15. The property is also located within walking distance of the town with a present canal side walk into the town via the towpath or pavement. Timothy's Bridge Road also is on the main bus route with regular buses into and out of the Town.
Accommodation
Net Internal Area (NIA) is 1,942 sq ft (180.41 sq m).
Terms
Price: £325,000 + VAT.
Tenure: The property is long leasehold but the Freeholder has indicated they would sell the Freehold interest should any purchaser be interested.
Service Charge: The service charge for the whole building is £343.42 per quarter (2023) this would need to be reapportioned if the building were to be split into Offices 11 & 12.
Rateable Value: The rateable value for the whole building is £52,500 (2023) this would need to be re-evaluated if the building were to be split into Offices 11 & 12 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 contact the local authority and verify the multiplier and check if any rates relief is available for their business.
Legal Costs & Holding Deposit: Each party pays their own legal costs.
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 = B.
A full copy of this report is available from the agent’s office upon request.
Specification
- Self Contained Office
- Vacant Possession
- Light Modern Workspace
- 1,942 sq ft (180.41m2)
- Private Managed Estate
- Close to Stratford Park Way Station