Office 1 Navigation Court was constructed in 2008 and has a modern contemporary feel to it along with being conveniently located close to the M5 and M42 motorways.
The office has accommodation over two floors; on the ground floor there is a glass partitioned office on the right hand side with two toilets and kitchen area with breakfast bar at the rear of the unit. There is also a useful under stairs cupboard which houses the telecoms and is ideal for housing a server. On the first floor is one large open plan area with full height glass windows to the front. The 1st floor has the potential to be subdivided into separate rooms if required and other owners have created separate rooms with modular partitions (subject to the necessary consents).
The unit is fully alarmed with magnetic door release system and comes with four allocated parking spaces.
Location
Located on Harris Business Park which is just off the B4091 Hanbury Road, Stoke Prior. The entrance to the Business Park is the first turning on your right as you pass over the canal bridge approaching from the Bromsgrove direction. The site is approximately 4 miles from junction 5 of the M5 motorway and also has good access routes to the M42 motorway at Bromsgrove.
Accommodation
Net Internal Area (NIA) is 878 sq ft (81.57 sq m).
Terms
Price - £XXX per annum.
Tenure - New lease available.
Service Charge - The tenant will pay a fair proportion of the estate service charge should one be in place.
Rateable Value - £XXX source: www.voa.gov.uk.
Rates Payable - The rates payable are calculated as a multiplier of the rateable value. If the rateable value is £XXX 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 £XXX 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
- Contemporary Office
- 3.5 Miles from the M5
- Allocated off street parking
- Overlooking the canal
- 878 sq ft (81.56 sq m)