Chatsworth Avenue, Long Eaton, NOTTINGHAM

LOCATION
The unit is best approached by proceeding from our office at Long Eaton Green continuing towards Nottingham and at the next mini island turn right into Waverley Street which in turn becomes Main Street. At the island, bear left towards Meadow Lane crossing the railway line and at the mini island turn right into Meadow Lane itself. Proceed towards the bottom where Chatsworth Avenue is the turning on the left hand side, the unit being on the left hand side.

DESCRIPTION
The premises comprise a rectangular self-contained industrial unit of approximately 1,500 square feet altogether along with a decent amount of parking and outside storage space. We are instructed to let the unit on behalf of our clients who are not interested in a freehold sale.

The premises are considered suitable for a number of light industrial uses and include a separate office area and storeroom to the front of the unit.

ACCOMMODATION
The property is constructed of facing brick with a concrete floor, flat roof being felt over concrete beam and block. There is excellent natural light, as well as folding doors to the front providing good loading facilities. Internally the main industrial space benefits from 3 phase power and a wet system of gas fired central heating.

There are 2 sets of toilets as well as a reception hallway, storeroom and separate main office. The front site compound area is enclosed behind a palisade fence and double gates being hard surfaced, and there being parking for a number of vehicles.

SERVICES
We understand the unit has the benefit of three phase electrical supply, mains gas, metered water supply and mains drainage.

TERMS
The premises are currently vacant following the closure of the property owner´s business and are immediately available on a new 3-year lease agreement, £12,000 pa rent, with the tenant being responsible for paying a month's rental in advance at the commencement of the lease as well as a month´s rent equivalent as the security deposit. The incoming tenant will be responsible for the internal repairs to the property whilst the landlord will be responsible for the external repairs.

OUTGOINGS
The incoming tenant will be responsible for the business rates charged by Erewash Borough Council however presently most small business enterprises would be exempt from paying rates at the property.

VAT
We understand that the landlord is currently not VAT registered with regards to this property, and therefore there is no VAT chargeable in addition to the rent. We do not expect this position to change.

LEGAL COSTS
The ingoing tenant will be responsible for the landlord´s costs in preparing the lease agreement which are fixed in the sum of £300 plus VAT. This fee is payable on submission of the tenancy application. At the start of the tenancy and upon handing over the keys, the first month´s rent is due in the sum of £1000 as well as the deposit in the sum of £1000 which is held in our clients account.

VIEWING
By appointment the sole letting agents who will be pleased to supply any further information that is required.