LOCATION
The premises are located in Ludgershall Business Park which is approached from Simmonds Road off the A3026 Ludgershall to Tidworth road.
DESCRIPTION
Factory/warehouse units with internal eaves height 4.3 m [14'1"], loading doors 3.7 m (h) x 4.0 m [12'2" x 13'1"], separate personnel doors, lighting, WC & 4 parking spaces per unit.
SERVICES
Mains electricity & water. Sewerage to septic tank.
ACCOMMODATION
| |
m2 |
[ft2] |
| UNIT 3 |
|
|
| Factory/Warehouse |
210.1 |
[2,261] |
| WC |
3.6 |
[39] |
| TOTAL UNIT 3 |
213.7 |
[2,300] |
| |
|
|
| UNIT 4 |
|
|
| Factory/Warehouse |
211.0 |
[2,271] |
| WC |
4.0 |
[43] |
| TOTAL UNIT 3 |
215.0 |
[2,314] |
| |
|
|
| TOTAL UNITS 3 & 4 |
428.7 |
[4,614] |
Approximate gross internal measurements in accordance with the RICS Code of Measuring Practice 6th Edition.
RATING ASSESSMENT
| UNIT 3 |
|
| Rateable Value from 01/04/2023 |
£12,250.00 |
| Business Rates Payable 2025/26 |
£6,112.75 |
| With Small Business Rate Relief |
£509.40 |
| |
|
| UNIT 4 |
|
| Rateable Value from 01/04/2023 |
£12,250.00 |
| Business Rates Payable 2025/26 |
£6,112.75 |
| With Small Business Rate Relief |
£509.40 |
In England and Wales small businesses are generally entitled to Small Business Rate Relief if they only occupy one commercial property and the Rateable Value of their premises is less than £15,000.
ENERGY PERFORMANCE CERTIFICATE
Unit 3 C60 - valid until 23/12/2034
Unit 4 C58 - valid until 23/12/2034
LEASING BUSINESS PREMISES
The Code for Leasing Business Premises, England and Wales 2020 is available to download at: www.rics.org/globalassets/code-for-leasing_ps-version_feb-2020.pdf
TERMS
To be let on new FRI leases for periods to be agreed at the following commencing rents:
| Unit 3 |
£17,250 pax + VAT |
| Unit 4 |
£17,350 pax + VAT |
| Unit 3 & 4 combined |
£33,450 pax + VAT |
SERVICE CHARGE
There will be a service charge to cover the emptying of the septic tank and insurance of the building but the owners will maintain the common parts of the Business Park.
LEGAL COSTS
Each party to bear their own legal costs.
Ref: 4109C3&4
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