The available accommodation comprises two second floor office suites which are situated in an iconic head quarter style office building. The suites can either be occupied as a whole or independently.
Both office suites are to be refurbished prior to tenants taking occupation to a spec to include: raised access floor, new carpet tile floor coverings, removal of partitions to provide open plan office space, re-decoration and new LED lighting system.
Furthermore, the tenant will also have the benefit of the use of the manned reception and will also have access to common areas and WC's.
Externally there will be parking for up to 25 cars.
Location
Olympus House occupies a prominent position fronting both Europa Way and Olympus Avenue situated on Tachbrook Park approximately 1.5 miles South West of Leamington Spa Town Centre and approx. 2 miles east of Warwick.
Access to Junctions 13 and 14 of the M40 motorway are approximately 3 miles to the South and South West respectively. Leamington Station is also within close proximity.
Notable nearby occupiers include Kantar/Millward Brown, A C Lloyd, Tata, Calor Gas, Bridgestone and Co-op Energy.
Accommodation
Front Wing - 2,986 sq ft (277.41 sq m)
Rear Wing - 2,343 sq ft (217.66 sq m)
Total - 5,329 sq ft (495.06 sq m)
Terms
Services - All mains services are connected to the property. Tenants are to make their own investigations into data and cabling.
Planning - B1 a) Offices
Tenure - A new effective full repairing and insuring sub-lease will be granted for a term of up to 4 years with a mutual break option at the second year anniversary of lease commencement. The lease is to be taken outside the Landlord & Tenant 1954 security of provisions (sections 24-28 incl.).
Rent - £40,000-£91,000 Per Annum excl. VAT and all other outgoings. Rent is to be paid quarterly in advance on the usual UK quarter dates.
Service Charge - A service charge is to be levied in the region of £21 Per Sq Ft excl VAT. This will cover: business rates, Utilities (bar tenant’s data & cabling) maintenance to the external and common areas of the building and buildings insurance.
EPC - TBC
Legal Costs - Each party will meet there own legal costs associated with this transaction.
Specification
- 2,343 Sq Ft - 5,329 sq ft (217.66 sq m – 495.08 sq m)
- To be refurbished prior to occupation
- On site parking for up to 25 cars
- Great prominent location