Commerce House, Millennium Way, Chesterfield, Derbyshire, S41

LOCATION
The property is well located at Dunston Business Park on the north side of Chesterfield.
There is easy vehicle access from the Whittington Moor Roundabout intersection of the A61
Dronfield/Unstone Bypass and Chesterfield Inner Relief Road via the B6050 Dunston Road.
Millennium Way is within a mile of the roundabout on the left (southern) side of Dunston
Road.

DESCRIPTION
The subject accommodation forms part of the ground floor of a refurbished, three-storey
purpose built office block of 13,058 sq ft/1,213.1m2 with 68 car parking spaces completed in
early 2003. The majority of the property is the administrative headquarters of East
Midlands Chamber (Derbyshire, Nottinghamshire, Leicestershire).

The building is finished to a high specification, with full carpeting to solid floors, painted
plaster walls, suspended ceilings with recessed LED lighting, sealed unit double glazed
powder coat aluminium framed windows with blinds, floor boxes for power and data,
Category 5E cabling with a 1GB fibre connection giving an advised speed of 65MBps and
an upload of 1GB.
There are shared male, female and disabled WC facilities.

ACCOMMODATION
Ground Floor Floor Area
Shared Reception, Inner Lobby and Hallway, leading to:
Stewart Room - Open Plan Office 537 sq ft 49.9m2
Westlake Room - Open Plan Office 855 sq ft 79.4m2
Storeroom off 70 sq ft 6.5m2
Eastwood Room - Open Plan Office 272 sq ft 25.3m2
Overall IPMS-3 Internal Floor Area 1,734 sq ft 161.1m2
There will be 4 No. dedicated Car Parking Spaces allocated, two each for the Stewart and
Westlake Rooms and one for the Eastwood Room, together with shared visitor parking.

SERVICES
Mains services are understood to be available to the property in terms drainage, water and
electricity. A separately sub-metered electricity supply will serve each room and electricity
costs will be re-charged based on consumption plus a due proportion of the standing
charge.
Note: neither services nor installations have been tested and the Agents offer no warranties
in this connection.

DISPOSAL
The premises are immediately available on the basis of a new Lease, to be drafted on a
Tenant's effectively full repairing and insuring basis for a term to be agreed.
The Lease will be contracted out of the compensation and security of tenure provisions
contained in Sections 24-28 of Part II of the Landlord & Tenant Act 1954 (as amended).
The Landlord supports the RICS Professional Statement - Code for Leasing Business
Premises 2020

RENT
Stewart Room - £5,900.00 per annum exclusive plus V.A.T.
Westlake Room - £10,500.00 per annum exclusive plus V.A.T.
Eastwood Room - £3,000.00 per annum exclusive plus V.A.T.
The Whole - £19,000.00 per annum exclusive plus V.A.T.

MANAGED SERVICES
The Tenant will be responsible for the costs to the Landlord of providing managed services
to the premises in terms of shared reception/telephone answering service, access to shared
meeting room space, access to high speed Wi-Fi, central heating, water, drainage/sewage,
security, maintaining and decorating the structure and common areas and for the
management of provision of utilities, cleaning and janitorial services to the common areas,
external window cleaning and waste collection. The cost of managed services will be
invoiced quarterly in advance. Based on the 2022/23 budget, the annual cost of managed
services to the premises is estimated at £10.75 per sq ft/£115.72 per m2 per annum.
At the Tenant's discretion, cleaning of the demised premises and internal glass by the
Landlord's cleaning contractors can be arranged, with the Tenant to be directly responsible
to those contractors for the cost of cleaning services, estimated at £15.00 per hour, a
suggested cost of £7.50 per working day.

INSURANCE
The Landlord will insure the building of which the premises form part in respect of buildings
reinstatement, Landlord's Public Liability and three years loss of rent. The Tenant will be
responsible by way of additional rent for the due proportion of the insurance premium: the
Stewart Room being 4.11%, the Westlake Room being 7.08% and the Eastwood Room
being 2.08%.

LOCAL TAXATION
Interrogation of the Valuation Office Agency 2023 Rating List on the Internet reveals that
the property of which the premises form part is currently assessed at Rateable Value
£62,500, Description: "Office and Premises".
The accommodation is priced for rating purposes at £6.19 per sq ft/£66.63 per m2. By
reference to pricing of smaller units in the building, separation upon Lease completion of the
rating assessment into individual rooms may raise the base pricing to between £8.09 per sq
ft/£87.13 per m2 and £9.75 per sq ft/£105.00 per m2.

E.P.C.
The Energy Performance Asset Rating for the premises is 42 - Category B, valid until 19
April 2032.
Full copies of the Energy Performance Certificate and Recommendation Report, Air
Conditioning Certificate and Inspection Report are available upon application to the Agents,
or by following the links below:
EPC -
4330-8822-5396-3459.
Recommendation Report -
4926-1031-4237-2201-3537.

VALUE ADDED TAX
We understand the premises have been elected for the purposes of charging Value Added
Tax on the rent amounts. You are advised to consult your Accountant for further
information.

COSTS
Each party is to be responsible for its own legal costs in connection with the new Lease
preparation, Counterpart, Stamp Duty Land Tax and V.A.T. thereon.

REFERENCES
For an application from a Limited Liability Company, the last three years' Audited Accounts
will be required for examination, together with previous Landlord's reference and a
Banker's Status Opinion. For a Partnership or Sole Trader applicant, references will be
required in terms of a Banker's Status Opinion, Landlord's reference, Solicitor's reference,
Accountant's Reference and from three Trade Suppliers.

IDENTIFICATION
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the
Payer) Regulations 2017 require us to identify the prospective Tenant where the rent is in
excess of ?10,000.00 per month. The personal identification details required are two of the
following originals: either full passport or full driving licence, plus secondary identification:
e.g. utility bills dated within the last three months. For a Company, the verification process
requires us to obtain the personal identification details listed above in respect of at least two
of the Directors and any other shareholder who controls or owns over 25% of the shares or
voting rights in the Company, together with a certificated copy of the Certificate of
Incorporation.

SOLICITORS
The Landlord is represented by BRM Law Limited t/a BRM Solicitors of Gray Court, 99
Saltergate, Chesterfield, S40 1LD.

VIEWING Strictly by prior telephone appointment with Sole Agents
Contact: Richard Wilkins
DDI :
Email:
Website:
RW179767/04.23-Amended11.23