Bailey Court, Colburn Business Park, Catterick Garrison

Unit 2 Bailey Court forms part of the well-established Colburn Business Park, situated immediately adjacent to Catterick Garrison. The park enjoys a strategic location with excellent access to the wider region via Junction 52 of the A1(M), just a short drive away, with direct access off the A6136.

Lease Terms and Conditions

The property shall be let unfurnished.

The lease will be contracted out of Part II of the Landlord and Tenant Act 1954.

Initial term: 5 years

Initial Rent: £18,000 plus VAT per annum, payable in advance by monthly instalments of £1,500 plus VAT pcm by standing order.

Rent Review: Upward only, reviewed every 3 years to open market rent or RPI whichever is the higher.

Repair Obligation: Tenant responsible for all repairing and insuring under full repairing obligations.

User Clause: The premises fall within Use Class E (Commercial, Business and Service), allowing for a variety of uses including office, professional services, and light industrial (research and development), subject to any necessary planning consents.

Alienation: Assignment would be allowed, subject to the landlord’s consent.