Business Summary

SITUATION AND DESCRIPTION

The Saxon Center comprises a prominent purpose built commercial building arranged as ground floor shops with offices on first and second floors. The ground floor shops are predominantly let to Class A2 office occupiers whilst the first floor offices are mainly occupied by Fretten Solicitors. The subject premises comprise a first floor office suite arranged as 3 individual rooms and kitchenette. There is a lift in the building for disabled access and communal male and female cloakrooms. The communal areas of the building are undergoing a substantial refurbishment.

ACCOMMODATION

Office 1: 20’00” x 16’02” (6.09m x 4.93m)
Office 2: 12’00” x 11’06” (3.65m x 3.5m)
Office 3: 15’00” x 13’03” (4.57m x 3.04m)

Kitchenette: 12’00” x 6’00” (3.65m x 1.82m)

Net Internal Area : 767 sq.ft. (71.25 sq.m.) approx.

Communal male and female cloakrooms.

RATEABLE VALUE £8,000 (previously £8,000)

U.B.R. 2010/2011: Payable; 40.7% (if eligible for small rate relief), otherwise 41.4%

Interested parties should inquire of the local Rating Authority as to the implications of the phasing arrangements on the amount of rates actually payable. Parties should also make inquiries concerning the implications of the small business allowance.

PLANNING

Class B1 offices

TENURE

A new lease with terms to be negotiated at a rental of £9,250 p.a. plus VAT.

Service charge to cover maintenance and upkeep of the communal parts of the building.

Alternatively a short term three year tenancy agreement prepared in house is available. There is an administration fee of £250 plus VAT for the preparation of the tenancy agreement.

VIEWING

By arrangement with Ellis and Partners, through whom all negotiations are to be conducted.

Property Details

Other Business Details