The property, which was constructed in 2004, has an impressive glazed entrance with stairs and lift to the first floor. There are ladies, gents and accessible WCs on both floors. The entrance hall and WCs form the central core, which is supplemented by the boiler room.
The offices form a C shape on both ground and first floors. The ground floor has the main kitchen and there is a further teapoint and breakout room to the first floor.
The occupant has installed a boardroom and corner office to the first floor and a small office on the ground floor. Otherwise the offices are open plan with multiple windows providing excellent natural light.
The specification includes:
Suspended ceilings with recessed lighting
Fully accessible raised floors
Heating is via radiators throughout the offices
Double-glazing
AC units throughout
There are 22 marked car spaces in the front and side parking areas. Externally, there is also a covered cycle rack.
Business Class Use
Offices formerly B1(a) now Class E(g)(i).
Accommodation
Ground floor offices: 244.09 sq m (2,627 sq ft
Ground floor boiler room/store: 8.84 sq m (95 sq ft)
First floor offices: 244.31 sq m (2,630 sq ft)
First floor store: 8.74 sq m (94 sq ft)
First floor comms room/store: 8.82 sq m (95 sq ft)
Total: 514.80 sq m (5,541 sq ft)
Lease terms
The freehold ownership of the property is available. There is a lease in place to Kingswood Learning and Leisure Group Limited until 28th September 2024 at a rent of £100,860 which is £18.20 psf.
A surrender of the Lease to enable an owner to occupy the premises can potentially be agreed with the Tenant.
Rates
According to the Valuation Office website the Rateable Value is £56,000 as from 1st April 2023.
Energy perfomance certificate
The property has an EPC rating of C66
VAT
The property has been elected for VAT.
VAT is payable, therefore, on the sale price.