TO LET VARIETY OF OFFICES SUITES ON FLEXIBLE TERMS 9 Euston Place Leamington Spa CV32 4LN Net internal area 112 sq ft (10.40 sq m) to 581 sq ft (53.97 sq m) Telephone 01926 430700 / Fax 01926 430290 38 Holly Walk Leamington Spa Warwickshire CV32 4LY www.wareingandcompany.co.uk
Location Euston Place is a well established commercial location overlooking the southern part of Parade, the town s main shopping area. Being located in the heart of the town, all the usual facilities are nearby which include a range of retail outlets, post office, library etc. with pay and display on street parking in Euston Place and many of the adjacent side roads. St Peters multi-storey, located between Bedford Street and Augusta Place, and the surface level car park at Rosefield St are within easy reach. Description Euston Place is a very well regarded business location where the majority of the town s estate agents are based and a number of other professions are also represented. The available offices comprise a single room on the first floor and a suite on the second floor. These can be taken individually or combined to suit an occupiers needs. Floor plans attached to these particulars provide an indication as to layout. The upper floors have a private entrance leading directly off Euston Place which is controlled via an intercom and door release system. There are WC s and a kitchenette on the half landings and the common parts have been redecorated and re-carpeted in recent times. As well as retaining a number of period features, the offices have incorporated various modern features including gas fired central heating system to radiators with individual thermostatic controls, voice and data points and a mixture of fluorescent and spot track lighting. Accommodation First Floor Single rear room Total: 112 sq ft (10.40 sq m) Second Floor Full width front office 283 sq ft (26.29 sq m) Rear office 186 sq ft (17.28 sq m) with interconnecting doorways to front office and landing. Total: 469 sq ft (43.57 sq m) Overall net internal area - 112 sq ft (10.40 sq m) to 581 sq ft (53.97 sq m) Services Mains, water, gas and electricity and drainage are connected. The accommodation is heated by way of gas fired central heating to radiators with individual thermostatic valves. Each floor has its own electric meter with the gas and water supply being sub-metered and these costs recovered via the service charge.
Lease Terms The accommodation can be taken on a floor by floor basis or in multiples thereof for a lease term to be agreed. The tenant will be responsible for internal repairs and decoration but if the first floor rear office is taken in isolation from the other offices, the cost of occupation will be a virtually all inclusive figure. For the remaining accommodation, a service charge will be levied for a proportion of the cost for the maintenance, repair and decoration of the common parts, the exterior of the building, heating to radiators and the building insurance premium. The electric for the second floor suite will be charged on a usage basis via a sub-meter but the heating and electric costs for the first floor (if taken in isolation) will be included within the figure quoted below. We understand that the service charge is running at approximately 4.20 plus VAT per sq ft. Rent First floor (if taken in isolation from other offices) 4,250 per annum to include heating, electricity, maintenance and lighting of common parts, external repairs and decoration and building insurance. Business rates are excluded as an occupier may be eligible for Small Business Rate Relief (see below). Second Floor 4,750 per annum per annum exclusive of business rates, VAT, electricity, service charge and all other costs payable quarterly in advance. VAT VAT will be added to the rent and service charge. Business Rates First Floor Second Floor Rateable Value 1,775 4,600 Rates Payable (2012/13) 812.95 2106.8 For occupiers who are eligible for Small Business Rate Relief, there is a likelihood that rates will not be payable until 1 st April 2013. For further information and confirmation as to eligibility to claim this relief, please contact the Business Rates Department at Warwick District Council on 01926 410410. Legal Costs Each party will be responsible for their own legal costs incurred in this matter. Viewing By prior arrangement with:- Mark Thompson Tel: 01926 430700 mark.thompson@wareingandcompany.co.uk IMPORTANT NOTICE All statements contained within these particulars are believed to be correct but their accuracy is not guaranteed nor do they form part of any contract or warranty. Unless specified to the contrary, interested parties should note the following:- All dimensions, distances and floor areas are approximate and are given for guidance purposes only. Information on tenure or tenancies has been provided to us in good faith by the vendor/lessor of the property. Prospective purchasers/lessees are strongly recommended to have this information verified by their solicitors. Information on rating assessments and Town & Country planning matters has been obtained by verbal enquiry from the appropriate Local Authority. Prospective purchasers / lessees are recommended to obtain written confirmation prior to entering into any commitment to purchase/lease. All information on the availability of mains services is based on information supplied to us by the vendor/lessor. All other statements regarding service installations, including apparatus, fixtures and fittings, do not warrant the condition or serviceability of the items referred to as no tests have been carried out. Interested parties are recommended to arrange for any necessary tests to be carried out prior to acquisition. No investigations have been made to verify if any equipment, plant, machinery or services in or on the premises are compliantall prices and rents are quoted exclusive of VAT unless expressly stated to the contrary. Please note that these particulars are issued in good faith but without responsibility. These particulars are issued on the distinct understanding that all negotiations are concluded through Wareing & Company. The property is offered Subject to Contract and it still being available at the time of enquiry and that no responsibility can be accepted for any loss or expenses incurred in viewing. Wareing & Company for themselves and for the vendors or lessors of this property whose agents they are, give notice that (i) the particulars are set out as general outline only for the guidance of intending purchases or lessees, and do not constitute, nor constitute part of, an offer or contract (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and