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COVID-19 caused the residential market to pause following a spring bounce. As we exit lockdown we are seeing the strong pre-COVID market return. We are here to help so please call us if you are thinking about buying or selling or require expert property advice.
Stay safe, keep well and stay in touch.
COVID-19 caused the residential market to pause following a spring bounce. As we exit lockdown we are seeing the strong pre-COVID market return. We are here to help so please call us if you are thinking about buying or selling or require expert property advice.
Stay safe, keep well and stay in touch.
Workshop/store building, office and yard of approx 0.33 acres (0.13 ha)
Workshop 1500 ft2 (139.4 m2)
Office 500 ft2 (46.5 m2)
New lease
Location
The property is situated to the west of the B3092, just north of the junction with Red Lane and not far from the village. The A30 to the north lies within approximately two miles, while Shaftesbury lies approximately 6.5 miles to the north east (via the A30).
Description
The premises form part of the former Hanson concrete works site and include a portal frame storage/workshop building with solid floor and single skin block work elevations under a pitched corrugated asbestos cement sheet roof. With two loading doors to its front elevation. There is also a single storey former site office also with block work elevations under a pitched corrugated metal roof which will be refurbished to a reasonable standard prior to any letting and includes kitchenette and WC facilities. The yard areas between and behind the buildings comprise approximately 0.33 acres (0.13 ha). Additional yard space may be available subject to negotiations.
Accommodation
Approximate Gross Internal Areas
Workshop 139.4 sq m (1,500 sq ft)
Site office 46.5 sq m (500 sq ft)
Yard 0.13 ha (0.33 acres)
Features
Workshop eaves 4.8m (159)
Loading doors 3.4m (w) x 3.8m (h)
Fluorescent lighting
Lease
The premises are available on a new full repairing and insuring lease on terms to be agreed.
Rent
£16,000 per annum
Rent is exclusive of VAT (understood to be applicable), business rates (if applicable), buildings insurance and all other outgoings.
Tenants Repairing Obligations
The tenant will be responsible for keeping the premises in no better (or worse) condition than at commencement of the lease.
Business Rates
Rateable value: To be assessed
The small business rate multiplier for the year 2018/19 is 48.0 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 mains electricity (single phase) is connected to both buildings (the workshop supply comes in via the site office). There is a private sewage treatment plant providing drainage.
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 and also whether VAT is applicable to this transaction.
Legal Costs
Both parties reasonable legal costs are to be borne by the ingoing tenant.
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.
