0 Bed Commercial Property To Rent

ACCOMMODATION COMPRISES:



First floor commercial studio accessed via dedicated street access from St Mary's Road.



Kitchenette and W.C.



One allocated parking space.



DEPOSIT



A deposit of £2,125.00 equal to three months rent is required and will be held for the term of the tenancy.



USE



Class E



SERVICES



We understand that mains water, drainage and electricity are supplied to the premises.



SERVICE CHARGE



There is a service charge payable monthly which covers water, grounds maintenance, repairs and general maintenance costs.



The service charge amount for the current year is £485.00 which equates to £40.41 per month.



LEASE



The Commercial Studio is is available by way of a new Lease on terms to be agreed.



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



RENTAL



£8,500.00 exclusive plus Service Charge and buildings insurance (£229.84 per annum for the current year).



LEGAL COSTS



The Tenant will be charged £275.00 plus VAT for the costs incurred in documenting the Lease.



APPLICATION FEE



There is an application fee of £175.00 plus VAT payable on submission of the application forms.



VAT



The is no VAT payable on the rent.



EPC



C



RATES



Rateable value 2024/2025 - £5,500.00



N.B. Small business rates relief for qualifying tenants. Interested parties should contact Harborough District Council.