Land to rent

Althorpe Street, Leamington Spa CV31

Althorpe Street is an established industrial location, situated off High Street, half a mile south of the main Leamington Spa town centre and is within easy access of junction 15 of the M40 motorway.

The accommodation comprises a single store brick-built workshop beneath a pitched corrugated roof, with natural lighting provided by intermittent corrugated Perspex roof-lights.

Sq.m. Sq.ft.
Workshop 186 2002
Office/Kitchen 10.5 113
Toilet 6.5 70

The unit has a concrete floor, brick walls and an eaves height of approximately 4.57m (15ft.)

Heating is by Means of gas fired fan blower heater.

W.C. Facilities having low lever cistern, w.c., urinal and sink unit.

Separate ladies w.c. Facilities having low lever cistern, w.c. And wash hand basin.

Parking
Parking for up to five vehicles is available on the forecourt at the front of the building.

Services
We understand that electricity, water and mains drainage are connected to the building.

Lease Term
A Flexible lease term, subject to a minimum of three years but preferably six years.

Repairs and Insurance
The tenant will be responsible for repairs and insurance

Rental
£16,000 per annum payable quarterly in advance

References
The grant of a lease will be subject to the receipt of satisfactory references

Business Rates
The property has a rateable value of £29,250 and a small business rate multiplier of £49.9p hence the full business rates payable are £14595.75p.

Deposit
A deposit of £4000 is payable.

Legal Costs
The tenant will be required to contribute towards the Landlords costs of £500 plus VAT.

Viewing
By appointment with the sole letting agents, Sandhu Estates Tel: Directions
From the agents office proceed south along Bath Street, turn left at the lights into High Street, take the second right into Althorpe Street and the property is situated on the right-hand side.