St. Marys Road, Market Harborough, Leicestershire, LE16

LOCATION

The property is prominently located on the corner of St Mary's Road and Adam and Eve Street in the heart of this vibrant and affluent market town.

DESCRIPTION

Largely open plan first floor offices. The premises benefit from excellent natural light helped by a large central atrium.

The offices have shared W.C. and kitchen facilities.


ACCOMMODATION

Suite 1

Reception 15.91 m2 171 sq ft
Office 91.10 m2 981 sq ft

Totals 107.02 m2 1152 sq ft


LEASE

The premises are available by way of a new IRI plus service charge Lease on multiples of 5 years.

The Lease will be outside the Security of Tenure provisions of the 1954 Landlord and Tenant Act.

SERVICE CHARGE

The service charge payable for these offices is currently £7,733.84 plus VAT per annum.

The Service Charge is payable quarterly in advance and covers the cost of utilities such as heating, electricity, water and sewerage along with the cleaning of common parts, full maintenance and management, buildings insurance and minor repairs.

The Tenant is to sort their own telecoms, business rates (if applicable) and personal business insurance.

BUSINESS RATES

Rateable Value from April 2026: £11,500.00
Estimated Rates Payable 2026: £5,738.50 (based on 49.9p multiplier)

N.B. Small business rates available. Qualifying tenants will pay zero rates. Interested parties are advised to contact Harborough District Council.

RENTAL

Commencing at £14,000.00 + VAT pa plus service charge + VAT payable quarterly in advance.

DEPOSIT

A deposit of £3,500.00 + VAT is required and will be held for the term of the Lease.

APPLICATION FEE

There is an application fee of £175.00 + VAT payable on submission of the application form.

LEGAL COSTS

The incoming Tenant will be required to discharge the Landlord's reasonable legal costs incurred in documenting the Lease which is £400.00 + VAT.

VAT

VAT is payable on the rent and service charge.

EPC RATING

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