LOCATION

The property is prominently located on the corner of St Mary’s Road and Adam and Eve Street in the heart of this vibrant and affluent market town.

DESCRIPTION

Largely open plan first floor suite with the potential to divide, the premises benefit from excellent natural light helped by a large central atrium.

Essentially two large suites the offices are part air conditioned and have shared W.C. and kitchen facilities.

There is a separate adjacent Meeting Room.

The property benefits from a private car park in close proximity.

ACCOMMODATION

Meeting Room 17.42 m2 188 sq ft

Suite 2 comprises:

Office 2 80.61 m2 868 sq ft
Office 3 70.30 m2 757 sq ft

Total Floor Area 168.33 m2 1,813 sq ft

Shared Facilities – Male & Female W.C’s
Fitted Kitchen

LEASE

The premises are available by way of a new IRI Lease plus service charge on multiples of 5 years.

SERVICE CHARGE

The service charge currently payable for these offices is £10,663.15 per annum plus VAT per annum.

The Service Charge is payable quarterly in advance and covers the cost of utilities such as heating, electricity, water and sewerage along with the cleaning of common parts, full maintenance and management, buildings insurance and minor repairs.

The tenant is responsible for their own telecoms, business rates and personal business insurance.

BUSINESS RATES

Rateable value for Meeting Room Office 3 – 2024/2025: £2,100.00

Rateable value for Offices 4a and 4b – 2024/2025: £12,500.00

RENTAL

£21,750.00 plus VAT pa plus Service Charge plus VAT payable quarterly in advance.

DEPOSIT

A deposit of £5,437.50 plus VAT is required and will be held for the term of the Lease.

APPLICATION FEE

There is an application fee of £175.00 plus VAT payable on submission of the application form.

LEGAL COSTS

The incoming tenant will be required to discharge the Landlord’s reasonable legal costs incurred in documenting the Lease of £400.00 plus VAT.

VAT

VAT is payable on the Rent and Service Charge.

EPC Rating

Band C