Office
Thursday 18 April 2024
FIRST AND SECOND FLOOR OFFICES IN A WELL-SITUATED PERIOD BUILDING
TO LET ON NEW LEASE.
£12,000 pa.
PROPERTY DESCRIPTION
LEASE TERMS:
A new tenant is sought on effective FRI terms for a period of 9 years with rent reviews at 3-yearly intervals.
Initial Rent: £12,000 pa payable quarterly in advance
Insurance: Tenant to refund share of Landlords’ buildings insurance premium, including for three years loss of rent
SERVICES
Main electricity, water and drainage are connected.
Electric heating
EPC
EPC band D
OUTGOINGS
The Rateable value is £9,700.
Rateable value will be less than £12,000 so if occupier complies with Small Business Rate Relief no business rates will be payable.
REFERENCES
Bank, trade, accountants, and personal references will be required
RESERVATION DEPOSIT
On agreeing to take the lease the prospective lessee will be expected to pay a reservation deposit of £1,000 – this will be refunded upon completion.
Should the prospective lessee withdraw from the transaction for any reason, or amend or alter the terms agreed such that the lessor withdraws from the transaction, the lessor’s agents and solicitor’s abortive costs will be deducted from the deposit, and the balance, if any, will be refunded.
VIEWING
Strictly by prior appointment with the sole letting agents
SITUATION
A well-known North Cotswold market town situated at the junction of the Fosse Way (A429) and the Oxford-Worcester trunk road (A44)
The town has a wide range of shops and amenities for everyday needs, and geographically is well placed with Cheltenham (22miles), Stratford-upon-Avon (17) and Oxford (27)
Train services to Oxford and London, the fastest reaching Paddington in about 95 minutes
Hayman-Joyce
