Grafton Road, West BromwichAnnual Rental Of £19,950
Let STCCottons Chartered Surveyors - 0121 247 474700004141
- Workshop with Office with Enclosed Gated Courtyard
- EPC Rating: D(76)
- Plot Circa. 946sq metres (0.23 acres)
- Additional Detached Workshop
- Combined Net Internal Area - 399sq metres
- Available of Full Repair and Insuring Lease
A excellent site comprising INDUSTRIAL WORKSHOP with OFFICE on plot circa. 0.23 ACRES with additional DETACHED STORAGE UNIT/WORKSHOP. Combined Net Internal Area - 399sq m. Benefiting from enclosed gated courtyard with parking amenity and lorry access, the property further comprises; customer reception area, staff reception area with counter, two offices, store room, three workshop areas (all currently open plan), three W.C.s and detached workshop. Available on Full Repair and Insuring Lease. EPC Rating: D
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 subject property is located in a convenient location within West Bromwich in a mixed residential and commercial location. The property is situated circa. 0.3 miles from A41 (The Expressway) leading to Junction 1 of the M5, 0.3 miles from Sandwell General Hospital, 0.9 miles from West Bromwich Town Centre and 5.5 miles from Birmingham City Centre.
A industrial estate comprising three industrial workshop areas, an office area with customer and visitor reception and detached storage building accessed via front fore court with enclosed gates off Grafton Road.
- Workshop Area 1
107.25 sq m
- Workshop Area 2
- Workshop Area 3
- Customer Reception
6.55 sq m
- Staff Reception
- Hallway with W.C. off
- Front Office
15.6 sq m
- Back Office
- Inner Hallway
- Store Room
- Net Internal Area
- Detached Mono-Pitch Storage Building
Erected in 2015/2016 - 71.45sq m.
- Total Net Internal Area
- Size of Plot
Extending to circa. 0.23 acres (946sq m).
- Lease Terms
Our client is seeking a letting on Full Repair and Insuring (FRI) lease terms.
- Business Rates
The ratable value is £16,000 for 1st April 2017 to present.