1st Floor office suite

Approx 830sq ft (77.1m sq)

To Let on a Short Term Lease

Other Details

Accomodation

Comprising a well-presented office suite laid out to provide two private offices & an open plan area benefitting from excellent natural light, totalling approx 830 sq ft (77.1m sq). The suite has shared use of kitchen & WC facilities. One car parking space can be made available at a cost of £1,000pax.

Amenities

• Suspended Ceiling • Well presented • Perimeter Trunking • LED Lighting • Window Blinds • Gas Central Heating • Video Entry System • Excellent Natural Light

Lease

A new effectively Full Repairing and Insuring Lease is to be made available for a term of 2 years subject to a mutual Break after 12 months. The Lease will be drawn outside the provisions of the Landlord & Tenant Act.

Rent

£14,500pax. VAT is applicable at the prevailing rate.

Rates

Rateable Value: £11,750 Business Rates are not payable on properties with a Rateable Value up to £12,000. From £12,001 to £15,000 there is tapered relief. If a company occupies a second property where the RV is over £12,001 then relief is lost on the first property although the benefit may remain for a short period. It is a tenant’s responsibility to make their own enquires & satisfy themselves whether they are eligible for rate relief in part or whole.

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

Subject to the simultaneous surrender and grant of a new lease.

Viewing

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