Unity Trading Estate, Southend Road, IG8

Location.
Bourne Court fronts Southend Road (A1400), within 200 yards of Charlie Browns Roundabout & therefore provides excellent road links, nationally via Junction 4 (M11) - Junction 6 M25 within 7 miles & locally via the (A406/A12/A13). South Woodford (Central Line) Station is within a 12-minute walk.

Accommodation.
Comprising the ground floor of a self-contained office building with a pleasant outlook onto a landscaped area. The offices are laid out to provide a large open plan office and two smaller offices, created using demountable partitions. The space also benefits from having a storeroom in the ground floor lobby area, its own WC & kitchen facilities & parking for 4 cars. The total floor area including the storeroom totals approx 880sq ft (81.84sq m).

Lease.
A new effectively FRI Lease is to be made available for a term to be agreed, granted outside the provisions of the Landlord & Tenant Act.

Rent.
£20,000pax payable quarterly in advance & subject to VAT at the prevailing rate.

Service charge.
To include a 50% contribution towards the building Insurance. The ground floor suite has its own electricity meter however, the gas & water utilities are split equally.

Estate service charge.
In addition to the above, there is an Estate Service Charge towards the upkeep of the grounds, cleaning, lighting, barrier operation & other services all tenants of Bourne Court derive a benefit.
We are advised the tenant's contribution towards the Estate Service charge is c. £1,674.80pa.



Business Rates.
Rateable Value: 2023/2024: £15,000
Rates Payable: 2023/2024: £7,485 per annum
In addition to the rates for the office space, each car parking space incurs business rates, the current rateable value is £600pa.

Possession.
Immediate upon completion of legal formalities.

Legal Costs.
Each party are to be responsible for their own legal costs.

Administrative Fees.
Upon terms being agreed and prior to Solicitor's being instructed, the prospective tenant or purchaser is to pay an administrative fee of £500 plus VAT to Bennett Phillips Luton. This fee will cover all associated administrative costs including any referencing fees incurred. In the event that the Landlord or Vendor withdraws from the transaction once solicitors are instructed, 50% of the fee will be refunded.