Units 5 & 6, The Sidings, Station Road, Stalbridge, DT10

Property Description

Two modern business units (to be let as one), each of approx 500 sq ft (46.5 sq m).
Low density estate.
Convenient to town centre.
Unit 5 currently fitted out as office space.

Location
Stalbridge, which lies within the renowned Blackmore Vale is an attractive small rural Dorset town with a population of some 2,660 with its boundaries including the river Stour to the east and the County boundary of Somerset to the north. Stalbridge is located on the A357, some 7 miles east of Sherborne and 12 miles west of Shaftesbury. The A303 lies approximately 8 miles to the north. The nearest railway station is at Templecombe, some 3 miles to the north which is on the London (Waterloo)/Plymouth line. Stalbridge has an established commercial quarter centred within business estates at both Station Road and Gibbs Marsh. The Sidings is situated just east of Stalbridge town centre close to premises currently occupied by William Hughes Ltd and Guarantee Laundries.

Description
The Sidings comprises a low density development of 8 small startup units within a single block on a landscaped site with ample parking and circulation areas. Each unit has a sectional up and over loading door (approx 2.7 m (w) by 3.0 m (h)) and also a WC. Unit 5 is currently fitted out as basic office space.

Accommodation
Approximate Gross Internal Areas

Unit 5 46.5 sq m (500 sq ft)
Unit 6 46.5 sq m (500 sq ft)

Total 93.0 sq m (1,000 sq ft)

Lease
The units are to be let together on a new effectively full repairing and insuring lease by way of service charge for a term to be agreed.

Rent
£7,750 per annum for the two units combined.
Rent is exclusive of VAT (applicable), business rates (if applicable), buildings insurance, service charge and all other outgoings.

Rent Deposit
A rent deposit of £1,800 is payable at the outset to be held by the landlord for the duration of the term.

Service Charge/Sinking Fund
A service charge is payable to cover the repair and maintenance of the exterior of the building and also the maintenance of the common areas of the estate. The service charge for the current year is £750 (£187.50 per quarter).

Buildings Insurance
A contribution is payable towards the annual buildings insurance premium. The contribution for the current year is £628.24 (£157.06 per quarter).

Business Rates
Rateable Value £5,800.

The small business rate multiplier for the year 2019/20 is 49.1 p in the £.   However, where the rateable value is £12,000 or less, eligible ratepayers will receive 100% small business rate relief and therefore no rates will be payable.

Services
We understand that all mains services are connected to the property (including 3-phase electricity).

Caution
Woolley and Wallis Commercial have not tested the services mentioned in these particulars.

Planning
Prospective tenants must satisfy themselves as to the permitted planning uses for the property.

Legal Fees
The tenant to contribute £750 towards the landlord’s legal fees in setting up the lease.

Code of Practice
You should be aware that the Code of Practice on commercial leases in England and Wales recommends that you seek professional advice from a qualified Surveyor, Solicitor or Licensed Conveyancer before agreeing or signing a business tenancy agreement. The code is available from professional institutions and trade associations or through the website www.commercialleasecodeew.co.uk.

References
Financial and accountancy references may be sought from any prospective tenant prior to agreement.

Energy Performance Certificate
Unit 5 D (95).
Unit 6 D (94).

Viewing
Strictly by appointment only through Woolley & Wallis Commercial (01722 330333).

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