Pill Farm, Magor, Caldicot, Monmouthshire, NP26

Description

A modern commercial unit with B2 and B8 use approved and excellent links to the motorway network. The unit extends to approximately 750ft2 within a steel portal framed building divided with part concrete panels and cladding above. The unit benefits from internal LED lighting, electric roller shutter door access with pedestrian doors adjacent, concrete flooring throughout and ample on-site parking.

Situation

The site is situated just 1.4 miles from Magor with Junction 23A of the M4 motorway just 0.5 miles further away providing good access to the motorway network and the larger centres of Cardiff, Bristol and Gloucester.

Outside

The property benefits from a private driveway leading to the units with ample on-site parking available and external lighting to the front of the unit.

Term

The tenancy will be written under the statute of the Landlord and Tenant Act 1954 excluding the renewal provisions contained within s24 to s28 of the same and ideally for a term of at least 3 years with the opportunity of a break clause if required. The tenant will contribute £500 (plus VAT) towards the preparation of the Tenancy Agreement. The lease will be an Internal Repairing and Insuring Lease, with landlord responsible for external repairs and the structural insurance of which the premium will be recoverable from the Tenant. The Tenant will be responsible for internal repairs and insurance along with all outgoings including water, electric and business rates.

Rent

£7,200 per annum (plus VAT)

Deposit

A deposit equal to two calendar month’s rent will be requested from the Tenant prior to entry. This will be returned minus any appropriate deductions at the cessation of the Tenancy.

Services

Mains water and electricity connected

Local Authority

Monmouthshire County Council –

Set up Fee

The tenant will contribute £500 (plus VAT) toward the preparation of the Tenancy Agreement

Viewing

Strictly by appointment with the Agents: David James, Tel: .