A first floor self-contained office which has a front room with large window measuring 442 sq ft (41.10 m2) and larger rear room of 810 sq ft (75.32 m2). The office is access via a ground floor shared entrance hall which leads to a first floor set of stairs leading to the door of the office.
The office itself has central heating, LED lights, carpet tiled floor, internal window and roof lights and several 13 amp sockets. There is parking to the front of the unit which is shared with the ground floor Unit.
Location
Saxon Business Park is an established business park located just off the B4091 Hanbury Rd at Stoke Prior, Bromsgrove just 3.5 miles from junction 5 of the M5 motorway.
Accommodation
Net Internal Area (NIA) is 1,252 sq ft (116.31 sq m).
Terms
Price:
£7,512 per annum.
Tenure:
New lease available.
Service Charge:
To be confirmed.
Rateable Value:
Currently the building is rated with one assessment, and it is the landlords intension to split the rating assessment so the first floor offices have their own rateable value. 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 = D. A full copy of this report is available from the agent’s office upon request.
Specification
- Central Heating
- LED Lighting
- Two Rooms
- Large Front Window
- Internal Window and Lights