Genesis 5, Innovation Way, York, YO10 5DQ

LOCATION

The subject property is located in the highly successful York Science Park approximately 3 miles South East of York City Centre. Nearby occupiers include a variety of Office, Industrial and Educational accommodation including a number of York University properties.

DESCRIPTION

The high quality office space provides a self contained unit over ground and first floor with 10 car parking spaces externally.

SIZE

The property provides the following Net Internal Areas;

Ground - 1,592 sq ft
First - 1,562 sq ft
Total - 3,148 sq ft

RENT

The unit is available at a rent of £55,100 per annum. Alternatively the building could be purchased for £600,000 on a long leasehold basis.

LEASE TERMS

The property is available on a new full repairing and insuring lease.

BUSINESS RATES

The VOA website states that the subject property has a rateable value of £38,250.

This equates to rates payable of £19,089 per annum when applying the small business rates multiplier of 49.9p.

Interested parties are advised to make their own enquiries with the local authority to verify this information.

EPC

Awaiting reassessment.

VAT

If applicable will be charged at the standard rate.

LEGAL COSTS

Each party are responsible for their own legal costs incurred as a result of any transaction.