Description
Newly established light industrial/workshop space is available on the ground floor of this prime corner location within a new mixed-use development.
The upper floors feature 380 purpose-built student accommodation units along with dedicated amenity spaces.
Key Features
- New build on main 'A' road
- Prime corner location
- From 1,500 sq ft (140 m2) to 6,577 sq ft (611 m2) available
- Flexible leasing terms
- Allocated parking
Accommodation
A corner ground-floor entrance leading to an L-shaped, virtually open-plan area is arranged as follows:
Ground Floor: 6,577 sq ft (611 m2) - Subdivision options available.
Total Accommodation (GIA) - 6,577 sq ft (611 m2)
Car Parking
- 2 spaces for disabled badge holders
- 3 standard car parking spaces
- Additional parking of up to 9 designated spaces with free street parking
Specification
The unit will be delivered in a ‘shell and core’ condition, with electricity, drainage, and water mains connections in place, allowing the ingoing tenant to undertake a bespoke fit-out to suit their specific requirements.
The landlord is willing to consider a fit-out contribution, either by way of a significant rent-free period or a capital contribution, subject to the strength of the tenant’s covenant and the agreed lease terms.
Lease
A new lease is available on flexible leasing terms.
Guide Rental Level: £59,250 per annum, exclusive (£9 psf) - Subdivision options available.
Rent Review
By negotiation.
Repairing Liability
Full Repairing & Insuring by way of service charge.
Business Rates
To be reassessed.
VAT
VAT will be payable on the terms quoted.
Legal and Professional Fees
Each party is to pay their own legal and professional fees incurred.
Anti-Money Laundering Regulations
In accordance with the Anti-Money Laundering Regulations, Graves Jenkins is required to verify the identity of all parties involved in the transaction. Prospective purchasers or tenants will be required to provide satisfactory proof of identity and address before solicitors are instructed.
Viewing Arrangements
Strictly via prior appointment through Sole Agent Graves Jenkins (t: 01273 701070).