
Office To Let
Brand new City Centre office suites from 229 sq ft (21.3 sq m) available on flexible leases.
| Excellent specification
| High speed broadband
| Convenient for City’s amenities
Location
The property occupies a prominent corner position at the junction with Bedwin Street and is situated within a short distance of the Market Square. There are a number of Pay & Display car parks within a convenient distance of the property.
Description
The owner has recently completed an extension to the property, a traditional three-storey warehouse building which was converted to offices around ten years ago. The design of the extension cleverly reflects and takes inspiration from the original building and the suites have a pleasant and airy loft/warehouse feel about them with some of the internal walls finished in brickwork. The suites fronting Endless Street incorporate large feature metal framed windows and all are fitted with glazed partition walls along their their respective landing/access areas. Each suite has its own tea point facilities. There are shared WCs at first floor level.
Accommodation
Approximate Net Internal Areas:
m2 ft2
First Floor
Suite A (front) 21.31 229
Suite B (rear) 27.06 297
Second Floor
Suite C (front) 23.41 252
Suite D (rear) 28.05 303
Total 100.37 1,081
Note: Suites are available individually or in combination
Features
| Carpeting
| Perimeter trunking incorporating power/IT points
| High speed broadband available
| Air conditioning providing heating/cooling
| LED lighting
Leases
The leases are structured on the basis of a 3 year term incorporating a rolling mutual break options exercisable from the end of the first year of the term, subject to either party serving not less than 3 months’ prior written notice. All leases are contracted out of the security provisions of the Landlord & Tenant Act 1954 part II.
Rent
£420 per calendar month (£5,040) per annum per suite.
We are advised that VAT will not be applicable.
Tenant’s Maintenance Obligations
Tenants will be responsible for keeping the suites in a clean and tidy condiiton and for all internal decorations and non-structural repairs to include floor coverings.
Other Outgoings
Tenants will be responsible for electricity and telecom/broadband bills as well as Business Rates (if applicable). The landlord will be responsible for the maintenance of all common areas.
Business Rates
To be assessed. It is anticipated that the assessments for all the suites will fall under the £12,000 threshold for Business Rates and accordingly tenants who are able to take advantage of Small Business Rate Relief (currently 100%) will not have to pay any rates.
Services
All suites are all separately metered for electricity. There will be no charge for ‘standard’ water usage relating to the tea point areas.
Caution
Woolley and Wallis Commercial have not tested the services mentioned in these particulars.
Planning
Prospective tenants must satisfy themselves as to the permitted planning uses for the property.
Legal Costs
A non-returnable sum of £350 is payable towards the landlord’s legal fees. In the event that the tenant subsequently withdraws from the transaction for any reason, this sum will be retained by the landlord by way of a contribution towards its abortive fees.
Code of Practice
You should be aware that the Code of Practice on commercial leases in England and Wales recommends that you seek professional advice from a qualified Surveyor, Solicitor or Licensed Conveyancer before agreeing or signing a business tenancy agreement. The code is available from professional institutions and trade associations or through the website www.commercialleasecode.co.uk.
References
Financial and accountancy references may be sought from any prospective tenant prior to agreement.
Energy Performance Certificate
Being prepared.
Viewing
Strictly by appointment only through Woolley & Wallis Commercial (01722 330333)