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Office to rent
Union Street, Stratford-Upon-Avon
Letting information:Furnishing: Not Specified
STRATFORD-UPON-AVON is a thriving Market Town offering excellent shopping, sporting, cultural, social and recreational facilities. It is within easy reach of many of the industrial and commercial centres of the Midlands and the Cotswolds are close at hand.
Junction 15 of the M40 motorway lies within 6 miles distant at Longbridge, Warwick, enabling good communications of the Midlands conurbation, via the M42, M5, M6 as well as affording a straightforward route to London and the South.
7-9 UNION STREET is a character and prominent building situated on the corner of Union Street and Guild Street a convenient town centre location.
Guild Street is one of the major arterial routes in Stratford llinking to the Birmingham A3400.
The property comprises two self-contained office suites situated on the first and second floors with the benefit of a lift. Access is via a communal entrance in Guild Street.
The two suites are available either separately or as a whole.
1st Floor Offices: Refurbished in 2007/2008 these offices are in an open plan format with partitioned Meeting Room, Board Room, Staff Room/Kitchen and Store Room
Net floor area: 2,825ft² (263.38m²)
2nd Floor Offices: These offices are arranged with demountable partitioning as General Office, six individual offices, Board Room, Cloaks area and Kitchen, Entrance/Reception, Server Room and Store Room.
Net floor area: 2,828ft² (262.73m²)
Total Net Internal Floor Area: 5,663ft² (526.11m²)
A telephone system is available and telephones may be rented on an individual basis with comprehensive functuality and ability to incorporate customerís existing telephone numbers. ADS lines are also available to rent.
All mains services are available and heating is provided via a gas central heating system. WC facilities are provided on each floor.
The office suites are available either separately or combined on a new effective full repairing and insuring lease for a term of six years subject to a rent review at the end of the third year of the term. Shorter or longer terms may be considered.
1st Floor: £17,000 per annum (£5 per sq.ft)
2nd Floor: £14,150 per annum (£6 per sq.ft)
Combined: £31,150 per annum (£5.50 per sq.ft)
Current and Proposed (1st April 2010)
1st Floor: £29,000 £29,000 (2010)
2nd Floor: £28,500 £28,250 (2010)
The current UBR multiplier is 46.6p. From April 2010, the standard multiplier will be 41.4p.
All prices and rents are quoted exclusive of VAT which may be payable in addition to the rent.
Each party is to be responsible for their own legal costs.
A service charge is payable based on pro rata per square foot for provision of buildings insurance, maintenance of the communal areas and the external buildings maintenance and repairs. If the office suites are let separately then this would be extended to cover the provision of communal services such as heating and water/WCs.
The current service charge estimate is £1.70p p.s.f. per annum
There are a total of 8 spaces available for the offices at a cost of £600 plus service charge per annum per space.
By appointment with the Sole Letting Agents:
PETER CLARKE & COMPANY
STRATFORD UPON AVON OFFICE