A first floor office located at Ragley Saw Mill on the outskirts of Alcester. The office is accessed via an external staircase and has its own front door leading to an impressive open plan office space 7.61 m by 5.53 m with vaulted ceiling and exposed period trusses and purlins.
The main office has lots of natural light from the three windows, three roof lights and glazed door. The room also has a log burner, electric heaters, network cables, carpeted flooring underfoot and various 13 amp socket outlets. Beyond the main office is another smaller office room ideal as a director’s room or meeting room which measures 5.54 m by 3.69 m and houses a server cabinet.
Outside there is car parking and a toilet facility building. The landlord may consider building an independent toilet facility to accompany the office (subject to lease term and tenants covenant strength).
Location
Located just off the A422 on the outskirts of Alcester with easy access to the A46 and the M40 and M42 motorways.
Accommodation
Net Internal Area (NIA) is 644 sq ft (59.83 sq m).
Terms
Price:
£8,000 per annum.
Tenure:
New lease available.
Service Charge:
There is no formal service charge at the time of print, March 2019.
Rateable Value:
The building is currently not rated. 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 maybe entitle to 100% rates relief providing the property is their only business premises. Any interested applicants should contant 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 is to be confirmed. A full copy of this report is available from the agent’s office upon request.
Specification
- First Floor Offices
- Period Exposed Trusses
- Log Burner
- Vaulted Ceiling
- Two Separate Offices
- Off Road Car Parking