Other Details

Accomodation

Comprising a single storey steel portal frame industrial unit benefitting from good visibility onto Wantz Road. The unit has a full height electric roller shutter, WC and kitchenette facilities, full height mezzanine & various offices. 2 car parking spaces are provided within a secure yard which is shared with two adjoining occupiers. Floor to ceiling height of 2.8m to underside of mezzanine. Approximate floor measurements are as follows: Ground Floor warehouse - 1,752sq ft 162.93 m2 Mezzanine 1,532sq ft 142.47 m2 Offices 853sq ft 79.32m2 Reception 164sq ft 15.25m2 Kitchen 74sq ft 6.88m2 TOTAL 4,375sq ft 406.87m2

Amenities

• Full height electric roller shutter • Double width doors within aluminium frontage • 2 car parking spaces • CCTV • Network cabling in offices

Lease

A new Full Repairing and Insuring Lease is to be made available for a term of 5 years drawn outside the provisions of the Landlord & Tenant Act.

Rent

£57,500pax paid quarterly in advance, plus VAT. SERVICE CHARGE/BUILDING INSURANCE: Service charge - £1,247.36 per annum plus VAT. Building Insurance - £1,287.79 per annum.

Rates

Rateable Value 2023-2024 - £25,125 per annum Rates Payable 2023-2024 - £12,537.37 per annum Prospective tenants are advised to make their own enquiries to the Local Authority to confirm the above.

Legal Costs

The ingoing tenant is to be responsible for the Landlord's reasonable legal fees borne in this transaction. ADMINISTRATIVE FEE: Upon terms being agreed and prior to Solicitor's being instructed, the prospective tenant or purchaser is to pay an administrative fee of £500 plus VAT to Bennett Phillips Luton. This fee will cover all associated administrative costs including any referencing fees incurred. In the event that the Landlord or Vendor withdraws from the transaction once solicitors are instructed, 50% of the fee will be refunded.

Possession

Immediate upon completion of all legalities.

Viewing

Strictly by appointment through agents Bennett Phillips Luton | 0208 501 3000 Contact Marc Luton at marc@bennettphillips.com