The accommodation is laid out as follows: From the ground floor entrance door is a self-contained staircase leading to the first floor hall way. To the right hand side is a large open plan office 6.06 m by 6.06 m, from the hall to the left is a small office/store which is L shaped but measures 3.66 m by 1.40 m. The next office along the hall way measures 2.51 m by 3.71 m, the third office along the hallway measures 3.03 m by 3.72 m and the fourth and final office is an office with boardroom with a glazed panel 3.73 m by 2.68 m office with board room of 1.83 m by 3.72 m. At the end of the hallway is the kitchen 2.15 m by 2.36 m and beyond this is a toilet with separate sink area.
Location
Located next to the entrance to the Train Station at Northfield with links the central Birmingham and East into Worcestershire. The property is located 3.5 miles from junction 2 of the M42 motorway and 7.7 miles from Central Birmingham.
Accommodation
Floor Area: Net Internal Area (GIA) is 921 sq ft (85.56 sq m).
Terms
Price: £9,200 per annum.
Tenure: New lease available.
Service Charge: £75 + VAT per quarter payable.
Rateable Value: £6,300 (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 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 = E. A full copy of this report is available from the agent’s office upon request.
Specification
- 921 (85.62 m2)
- Self Contained Offices
- Five Separate Rooms
- 6 Allocated Parking Spaces
- Close to Northfield Station
- £9,200 pa + VAT