Property Information
Address:
Unit E4, Astwood Business Park, Astwood Lane
, B96 6HH
Price: Rent: £35,326 Per Annum
Size: 7600 sq ft706 sqm
Primary Category: Office
All Categories:
Office,
Property Ref/Movehut: MH524580
Property Ref/Agent: Unit E4, Astwood Business Park, Astwood Lane, Astwood Bank, B96 6HH
*Please use the agent ref when calling the agent directly.
Property description
Location:
Situated on Astwood Lane just out of the village of Astwood Bank and only 5 miles from Redditch. Redditch has access to the M42 at junction 2 and nearby Bromsgrove has access to the M5 Motorway.
Description:
Unit E4 has roller shutter access from both front and rear elevations with reception office and second office accessed via the front elevation. There are two toilets and a kitchen area beyond the offices.
The unit has a mono pitched roof and is constructed of composite panelled profile sheeting with clear roof lights and also electrical sodium lights. The floor is power floated concrete slab with concrete unloading area outside the roller shutter door.
The site its self is well kept and has the benefit of an onsite manager and a full CCTV system.
Floor Area:
Gross Internal Area (GIA) is 7,600 sqft (706.16m2).
Price:
?38,000 per annum.
Tenure:
New lease available.
Service Charge:
?0.31 pence per sq ft per annum payable.
Rateable Value:
Unit E4 has an RV of ?21,000 source. We believe the extension to the unit is not included in this figure and would need to be re-assessed: www.voa.gov.uk.
Rates Payable:
The rates payable are calculated as a multiplier of the rateable value.
The current multiplier is ?0.481 in the pound. Any interested applicants should contact 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 this. The tenant will be responsible for insuring their own stock, content and liabilities insurance.
Legal Costs:
The landlord requires a ?500 contribution towards legal fees. A
deposit of one quarters rent will be required under the terms of the lease and the rent is paid quarterly in advance.
VAT:
Value Added Tax at the prevailing rate is applicable on all costs shown in these particulars apart from business rates.
EPC:
An EPC has been instructed and will be available from the agent's office shortly.
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