Unit 24, Bilton Industrial Estate, Humber Rd, Coventry, CV3 1JL

Description
The property comprises a single-storey industrial/warehouse unit of brick construction, with a pitched roof incorporating translucent roof panels that provide good levels of natural light. The accommodation is arranged as an open-plan warehouse space with a solid concrete floor, painted brick elevations, and exposed steel trusses.

Access is via a roller shutter loading door to the front elevation, with additional pedestrian access. Internally, the unit includes partitioned areas suitable for storage or welfare use. The space benefits from a good internal eaves height and clear open floor area suitable for a variety of industrial or storage purposes.

Externally, there is forecourt space providing loading and parking provisions.

Location
Bilton Industrial Estate is situated off Humber Road (B4110) in south east Coventry, approximately two miles from the city centre. The estate benefits from good access to Terry Road and the surrounding arterial network, and sits within an established commercial location alongside a range of trade and motor businesses.

Viewings
Strictly by appointment with Shepherd Commercial.

Terms
Tenure: The unit is available on a flexible licence agreement for a minimum term of 12 months.

Licence Fee: £31,700 per annum (£2,641.67 per calendar month), equating to £5.25 per sq ft.

Site Charge: £4,223.76 per annum (£351.98 per calendar month) towards the upkeep and management of the estate.

Insurance: £1,025.76 per annum (£85.48 per calendar month) in respect of the buildings insurance.

Total Monthly Cost: £3,079.13 per calendar month, comprising the licence fee, site charge and insurance. Exclusive of utilities, business rates and VAT.

Deposit: A deposit will be required, typically equivalent to three months' licence fee.

Legal Costs
All parties are to bear their own legal costs incurred in any transaction.

Business Rates
The unit is to be reassessed for business rates. Interested parties should make their own enquiries with the Valuation Office Agency.