Prince Rupert House, Unit 2, Cavalier Court, Chippenham, SN14 6LH

Summary

Cavalier Court is a development of 16 two storey office/ business units, arranged in 4 blocks and constructed around 1990.

Unit 2 forms part of Prince Rupert House and is the first unit on the right hand side when entering Cavalier Court, therefore benefitting from a good profile.

The main ground floor entrance leads into a ground floor lobby with stairs to the first floor and a doorway into the ground floor space, which provides open plan space and 2 toilets. It is fully carpeted and has a full suspended ceiling with integral LED lighting. Heating and cooling is via a ducted electric air handling system. Around part of the space is low level dado trunking.

There is kitchen area within the open plan space is fitted with worktop incorporating sink & drainer and storage cupboard underneath. There is a secondary entrance door into the ground floor from the side of the property, where there a bin store cupboard also containing the electricity meter

The first floor is fitted as office space with a large open plan area incorporating a kitchen area and a single partitioned office. The open plan space has carpet floor covering, with wood laminate floor covering in the partitioned room. The whole first floor has suspended ceiling with integral LED lighting
There are also a further 2 toilets located on the first floor.

Key Points

Car Parking

There are 8 allocated parking spaces with the whole unit; 5 immediately in front of the unit and 3 allocated a short distance away.

Terms

The property is offered to let on a new lease, ideally as a whole, though consideration will be given to the letting of separate floors. Any lease will be on effectively full repairing and insuring basis.

Rent

Ground floor £10,000 per annum
First floor £12,000 per annum

VAT at the standard rate is payable on the rent.

Service Charge

A service charge is payable toward the maintenance of the landscaping and common parts of the Cavalier Court development. The current service charge is approximately £4,100 + VAT per annum for the whole building. The insurance premium payable for the building is approximately £1,000 + VAT per annum.

Business Rates

The Valuation Office Agency website lists the property as having separate Rateable Values for each floor, effective from 1st April 2023.
Ground floor £9,400 ; First floor £10,750

The Rateable Values are below the threshold for full Small Business Rate Relief for qualifying occupiers.

Utilities

The property is connected to mains water, drainage and electricity. There is a gas supply to the unit, though there is no meter or internal connection. The unit has a fire alarm system installed with smoke detectors.

EPC

C - 72

Legal Costs

Each party shall be responsible for their own legal costs incurred in any transaction.

Location