Location
Redlands Business Centre is located on the established Ullswater Industrial Estate and has excellent communications to the surrounding area. Coulsdon Town Centre is a short distance away offering a number of retail facilities.
Description/Accommodation
The estate is formed of 20 office, warehouse and business units ranging in size.
The unit itself comprises a ground floor open plan light industrial/storage space with excellent ceiling height and full up and over roller shutter door. There is a separate personnel entrance to the right hand side giving access to the office space on the first floor. There is a wc on the ground floor as well as further wc facilities on the first floor.
The first floor is high quality office space and benefits from a partitioned kitchenette/breakout space with fitted kitchenette as well as an open plan working area.
The upper parts benefit from excellent natural light thanks to its dual aspect positioning.
Approximate net internal areas
GROSS INTERNAL AREAS
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Ground Floor
62.7 sq m - 675 sq ft
First Floor
61.8 sq m - 665 sq ft
Total
124.5 sq m - 1340 sq ft
Equipment
The unit is currently fitted out with a range of racking (Rapid Racking) on the ground floor with fitted office furniture on the first floor. These items can be retained subject to a premium of £10,000. Alternatively if these items are not required they will be removed.
Terms
The unit is available by way of an Assignment of an existing Lease granted in January 2022 for a period of 10 years.
Rent
The current rent is £26,500 per annum plus VAT.
Break Option
There is a Tenant only break option on the 5th anniversary of the Lease subject to 6 months prior written notice. A rent deposit equivalent to 6 months rent will be required. Please contact us for further details.
Alternatively
The property may be available by way of a new Lease direct from the Landlord, subject to contract.
Business Rates
According to the Government website the current Ratable Value of the unit is £16,000. The UBR for 2023/24 is 49.9p in the£.
Legal costs
Each Party to be responsible for their own legal costs incurred in this transaction.
Energy Performance Certificate
The Energy Performance Rating for this unit is E (112)
Benefits include
Property Misdescriptions Act 1991 Please note the agents have not carried out a survey, have not made planning enquiries nor tested any of the equipment, apparatus, fixtures, fittings, services or land and are therefore not able to verify their condition, or suitability for their purpose
Code of Practice Applicants should be aware that the code of practice on commercial leases in England and Wales strongly recommends you seek professional advice from a qualified Surveyor, Solicitor or Licenced Conveyencer before agreeing or signing a Business Tenancy Agreement. The Code is available through professional institutions and trade associations or through the website www.leasingbusinesspremises.co.uk