The premises comprise a ground floor former bank premises offering great flexibility for a variety of uses including offices, gym, professional services, therapist etc. There is a self-contained 1st floor office suite, rear car park and garage.
Location
Situated in a very prominent position on the corner of the High Street and Cherwell Road. These former bank premises also overlook the junction with Station Road leading to Sainsburys supermarket and the free shoppers car park. Other businesses in the immediate vicinity include The Bay Tree Cafe & Tearoom, offices for financial services, estate agents and solicitors plus Gemini Cards.
Accommodation
Ground Floor - From High Street twin doors to:
Entrance lobby 52 sq ft (4.8 sq m)
Separate door leading to disabled persons ramp.
Main area 541 sq ft (50.3 sq m)
Twin aspect large, flexible open space. Door to:
Rear office 1 - 164 sq ft (15.2 sq m)
Suspended ceiling with inset lights + carpet. Partitions could be removed to incorporate this into the Main area.
Wide archway leading to:
Rear area - 172 sq ft (16.0 sq m)
+ wide circulation space to other areas.
From the Main area, door to:
Meeting room/store 67 sq ft (6.2 sq m)
Suspended ceiling with inset lights + carpet but no natural light.
Potential store area 36 sq ft (3.3 sq m)
Former boiler room 34 sq ft (3.2 sq m)
From the circulation space, doors to:
Office/staffroom 367 sq ft (34.1 sq m)
Overlooking High Street with suspended ceiling with inset lights, Ideal wall-mounted boiler, Toshiba air conditioning Unit + sink unit with cupboards under.
Rear hallway leading to:
Cloakrooms Female:
Lobby with 2 hand basins + 2 low level w.c.s.
Male: Lobby with 2 hand basins + 2 low level w.c.s.
Former strong room/store 448 sq ft (41.6 sq m)
Rear office 2 - 203 sq ft (18.9 sq m)
Suspended ceiling with inset lights + carpet.
Door to:
External lobby leading to bin store with access from Cherwell Road.
Stairs leading to:
Corridor Door to car park + access to:
Office/store 1 - 231 sq ft (21.5 sq m)
Office/store 2 - 58 sq ft (5.4 sq m)
Summary of Ground Floor Areas
Total ground floor office/business space 1,514 sq ft (140.7 sq m)
Total ground floor storage area 518 sq ft (48.1 sq m)
Upper level 289 sq ft (26.8 sq m)
Total Overall 2,321 sq ft (215.6 sq m)
1st Floor Self-contained office suite.
Separate access from High Street via steps or disabled persons ramp.
Landing Doors to:
Front office 1 - 516 sq ft (47.9 sq m)
Twin aspect with suspended ceiling having inset lights. Door to:
Rear office 1 - 238 sq ft (22.1 sq m)
Suspended ceiling with inset lights + carpet. Door to:
Inner corridor Door to Front office 1. Access to:
Rear office 2 - 135 sq ft (12.5 sq m)
Suspended ceiling with inset lights + carpet.
Large storage area 33 sq ft (3.1 sq m)
Kitchen 78 sq ft (7.2 sq m)
Sink unit. Access to: cloakroom with lobby having hand basin + low level w.c and to fire escape door with steps leading to car park.
Cloakrooms Cloakroom with lobby having hand basin & low level w.c + further cloakroom with lobby having hand basin + low level w.c. , Logic gas-fired boiler + fire escape door with steps leading to car park.
From Corridor, access to:
Front office 2 Slightly L-shaped 338 sq ft (31. 4 sq m)
Triple aspect with suspended ceiling having inset lights.
Total Overall 1st Floor Area including kitchen 1,305 sq ft (121.2 sq m)
Outside - To the rear of the property with a separate access from Cherwell Road is a car park. Depending upon arrangement up to 5 cars could be parked here.
There is also a separate garage with access from Cherwell Road - not inspected
Terms
TERMS - New 5 year leases on an internal repairing and insuring basis.
RENTS:
Ground Floor: £22,000 per annum exclusive of rates.
1st Floor £12,500 per annum exclusive of rates.
SERVICE CHARGE - There will be a service charge for each letting for a contribution to external maintenance & insurance - amount to be agreed.
N.b. The Landlord is proposing some refurbishment works including attention to the roof and, subject to an occupier’s requirements, to the ground & 1st floors.
RATES - Local Authority: Wealden SBR (24/25): 49.9p
Rateable value Ground floor: £22,500 1st floor: £12,250
N.b. Eligible businesses occupying a property with a rateable value of less than £15,000 may be entitled to small business rate relief with properties having a rateable value of £12,000 or less paying no rates.
Further details may be found at www.gov.uk/apply-for-business-rate-relief.
VAT - Under the Finance Act 1989 VAT may be chargeable on the rental. It is recommended that a prospective tenant should make their own enquiries to establish whether or not VAT is chargeable prior to entering into an agreement.
SERVICES - The mention of any appliances and/or services in these details does not imply they are in full and efficient working order.
EPC - Energy performance certificate Band C (65).