Industrial unit to rent
Property description & features
LOCATION
W3W///shuffles.grad.unwraps
The unit forms part of Lodge Hill Industrial Estate in Westbury-Sub-Mendip; an established business location on the edge of a small village and approximately 4 miles west / 10-minute drive time from Wells City Centre.
DESCRIPTION
A mid-terrace, regular shaped and self-contained business unit, suitable for a variety of light industrial or other business uses. Largely open plan workshop/warehouse space, with reception/office, kitchen and WC to front. WC off warehouse.
ACCOMMODATION
Ground Floor 203 sq m 2,183 sq ft
Mezzanine 28 sq m 304 sq ft
Gross Internal Area 231 sq m 2,486 sq ft
Minimum eaves height 5.6m / 18’ 4” rising to 8.5m / 27’ 10” at the ridge. Roller shutter door to front with an opening of 3.5 m / 11’ 5” wide x 4.34m / 14’ 2” wide. Ample parking on site.
SERVICES
We understand the unit benefits from connection to mains water and electricity (3 phase). No gas. Private drainage. Services and appliances not tested.
TERMS
The asking rent is predicated on a lease on broadly the following terms:-
• Available on a new lease from end of April 2024 Possibly earlier through agreement – Subject to Vacant Possession
• Full repairing and insuring equivalent basis
• Rent Review at the 3rd anniversary
• Lease to be excluded from the provisions of the Landlord & Tenant Act 1954 Sections 24-28 inclusive (i.e. no automatic right to renew at lease expiry)
• Estate Management Charge Contribution of £500 per annum, index linked
• Tenant to contribute £600 + VAT towards Landlord’s proper and reasonable legal costs
• Deposit subject to references/credit checks.
OUTGOINGS
A search on the Valuation Office Agency website reveals this unit has a Rateable Value of £15,000 (2023 List). This is not the rates payable. Parties may benefit from some relief from business rates and should make their own enquiries of the local billing authority.
VAT
We understand that VAT is payable on the rent and estate management charge.
LEGAL COSTS
Tenant to contribute £600 + VAT towards Landlord’s proper and reasonable legal costs
SERVICE CHARGE
Estate Management Charge Contribution of £500 per annum, index linked
PARKING NOTES
ample parking on site. 1 space directly outside, other spaces opposite (not allocated)
PLANNING
We understand the unit benefits from consent for Class E – Commercial, Business and Service type uses.
VIEWING
By appointment only through the sole agents Cooper and Tanner –[use Contact Agent Button]
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Property reference 101148033724. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Cooper & Tanner - Commercial.
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Mobile phone signal availability and predicted strength
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Energy Performance data and Internal floor area
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