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. Less than 10 minutes walk from Harborough train station.

DESCRIPTION

Delightful first floor office suite suitable for one or two persons.

ACCOMMODATION

Office suite 17.42 m2 188 sq ft

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

LEASE

The premises are available by way of a new IRI Lease plus service charge on multiples of 3 or 5 years.

The Lease will be outside the Security of Tenure provisions of the 1954 Landlord and Tenant Act.

SERVICE CHARGE

The service charge currently payable for this office is £1,103.64 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 Office Suite 3 – 2024/2025: £2,100.00
Small Business Rates Relief available to qualifying tenants – contact Harborough District Council for details.

RENTAL

£3,750.00 plus VAT per annum, plus Service Charge plus VAT, payable quarterly in advance.

DEPOSIT

A deposit of £938.00 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