Located on the High Street in market town of Alcester, the offices are accessed via a separate side entrance to the building with an intercom access system which leads to the first-floor offices via a stair case. There is a hallway which leads to the office at rear of the first floor with toilet facilities next door off the hallway and a kitchen/break out room at the other end of the hall.
The office room itself has a lockable door and is a bright room with natural light from the sky light and rear window. The floor is carpeted and the walls painted white with 13 amp sockets and a phone point.
New leases are available on a minimum term of 12 months.
Location
Located on the high street at Alcester a busy market town on the outskirts of Stratford upon Avon with excellent transport links to the M40 and M5 via the A46 road network. The property is positioned approximately half way up the thriving main high street with a number of established independent shops surrounding the premises. The property has a flying Freehold with underpass which leads from the High Street to the useful car park providing free parking.
Accommodation
Net Internal Area (NIA) is 140 sq ft (13.04 sq m)
Terms
Price: £350 per month.
Tenure: New lease available.
Service Charge: There is no formal service charge payable per but communal costs are split between the four rooms.
Rateable Value: £1,775 (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 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.
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 £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 = D.
A full copy of this report is available from the agent’s office upon request.
Specification
- Self Contained Office
- Size 140 sq ft (13.03 m2)
- High Street Location
- Break Out/Kitchen Facilities
- £350 per month