Monarch industrial Estate, Kings Road, TyseleyAnnual Rental Of £8,000
Available to LetCottons Chartered Surveyors - 0121 247 474700004007
- Ground floor Workshop /Warehouse Unit in Industrial Estate
- EPC Rating: TBC
- Net Internal Area - 101.88sq m
- Outside Parking Provision
- Available on Full Repair and Insuring Lease
A ground floor WORKSHOP located within Industrial Estate circa. 3.5 miles from BIRMINGHAM CITY CENTRE. Net Internal Area 102sq m (1,097 sq ft). Comprising; ground floor workshop area with roller entry door, kitchenette with W.C., ground floor storage/office, Outside with some parking provision. Available on Internal Repair and Insuring (FRI) lease.
Permitted Fees and Charges.
Holding Deposit: One week´s rent. This is to reserve a property. Please Note: This will be withheld if any relevant person including any guarantor(s) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement and/or Deed of Guarantee within 15 calendar days or other Deadline for Agreement as mutually agreed in writing.
Security Deposit (per tenancy. Rent under £50,000 per year): Five weeks´ rent. This covers damages or defaults on the part of the tenant during the tenancy.
Unpaid Rent: Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. This will not be levied until the rent is more than 14 days in arrears.
Lost Key(s) or other Security Device(s): Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour inc. VAT for the time taken replacing lost key(s) or other security device(s).
Variation of Contract £50 inc. VAT per agreed variation. (To cover the costs associated with taking landlord´s instructions as well as the preparation and execution of new legal documents)
Change of Sharer £50 inc. VAT per replacement tenant or any reasonable costs incurred if higher. To cover the costs associated with taking landlord´s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
Early Termination: Should the tenant wish to leave their contract early, they shall be liable to the landlord´s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.
Client Money Protection (CMP): RICS
Redress scheme: The Property Ombudsman
The property is situated within Monarch Industrial Estate, a commercial location off Kings Road between Warwick Road (A41) and Coventry Road (A45), conveniently located circa. 0.3 miles from Tyseley Train Station and circa 3.5 miles from Birmingham City Centre.
An ground floor workshop/warehouse unit. Comprising;
- Main Workshop/Warehouse Area
99.77sq m (including informal studded office)
Net Internal Area - 101.88sq m (1,097sq ft).
With some parking provision in tandem directly adjacent to the unit.
The property is available to lend on a Full Repair and Insuring Lease.
- Letting Options
Our client will consider letting of the whole unit for £12,500 per annum, or the ground floor workshop space only for £8,500 per annum.
The property currently has an EPC rating of G. Our client shall provide a legally compliant EPC with a rating of E or greater prior to the commencement of the lease.