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SITUATION Alcester is a busy market town situated at the junction of the A435 and the A422 trunk roads, 7 miles north-west of Stratford-upon-Avon, 20 miles South of Birmingham, 7 miles south of Redditch and 10 miles north-east of Evesham. The town also provides ease of access to Worcester, Warwick, Royal Leamington Spa and Bromsgrove with the M5, M42 and M40 motorways being conveniently close by.
DESCRIPTION The premises comprise a mid-terrace of industrial units with a roller shutter door and forecourt parking located on the Arden Forest Industrial Estate, Alcester. The unit has brand new lighting in the main warehouse and electric radiators in the main offices.
Gross internal area 2,190 sq.ft. (203 sq.m)
Currently laid out as follows:
Main warehouse 1,817 sq.ft (168.8 sq.m)
Ground floor Reception/offices 280 sq.ft ( 26.0 sq.m)
(with separate w.c. and kitchenette)
Mezzanine offices 270 sq.ft ( 25.2 sq.m)
TOTAL AREA 2,367 sq.ft (220.0 sq.m)
Please Note : Every effort has been made to ensure the above dimensions and floor areas are accurate. They are in accordance with the RICS Code of Measuring Practice. Fittings restricted measurement at the time of inspection. Interested parties should verify these for themselves.
LEASE The premises are held on a lease for a term of 10 years from 2nd March 2017 subject to upward only rent reviews in March 2020 and March 2023. There is a tenants option to break the lease afer 5 years, giving 6 months prior notice.
REPAIRS The tenant is required to keep the property in repair except where disrepair is due to fair wear and tear. There is a photographic schedule of condition attached to the lease.
RENT £15,000 p.a. exclusive
RATEABLE VALUE £12,000
Please Note : This office gives no warranty that the rating value supplied and the sums of money expressed as being payable are accurate and the purchaser must rely upon their own enquiries with the Local Authority on 01789 267575.
SERVICES Mains water and electricity are connected to the property. Gas is available.
OPTIONS The premises are available either as an assignment of the existing lease or a sublease for a term of years to be agreed and to reflect the main lease.
LEGAL COSTS The tenant will be responsible for the Landlord`s reasonable legal costs in this transaction.
VIEWINGS Strictly by prior appointment with the Letting Agents.