Introduction
Self contained ground floor office premises having been refurbished to a good standard close to the A165 Holderness Road/Witham a short distance from Hull City Centre. The immediate area is of a mixed commercial and residential use.
Property additional info
Location:
The property is located on Wilton Street, which connects with the A165 Holderness Road, approx. 0.9 miles from Hull City centre and is convenient for this main arterial road and the A63 giving access from east to west across the city.
Accommodation:
The accommodation is to the ground floor and comprises of a number of office rooms and newly fitted kitchen and WC. The Net Internal Area (NIA) extends to approximately 49.8m² (535ft²)
External:
On street parking is available.
Services:
Mains water, drainage and electric are connected.
Terms:
The unit is available under a lease, based upon multiples of three years on the following terms, conditions and rent. The lease will be a RICS Small Business Retail lease and will not be contracted out of security of tenure under the 1954 Act.
Rent:
The commencing rent on the unit exclusive of business rates and all other outgoings payable monthly in advance by bankers order is based upon £400 PCM. Deposit is one month's rent.
Repairs & Insurance:
The incoming tenant will be responsible for all internal repairs and any redecorations, a photo condition schedule will be prepared prior to occupation. A proportion of the sum as the Landlord may spend on insuring the premises will be payable annually in addition to the rent. Further details are available upon request.
Business Rates:
The tenant will be responsible for the payment of the business rates. Internet enquiries through the Valuation Office Agency website have revealed the property has a current rateable value of £3,700 subject to either the national or small business multiplier or other reliefs. Interested parties should clarify this position with the local rating authority, Hull City Council.
VAT:
We are advised that the premises are not registered for VAT and therefore VAT will not be charged in addition to the rental sums quoted.
Possession:
Possession of the office suite would be available following completion of the lease documentation, payment of the first months rent & deposit
Costs:
A referencing charge of £90.00 + VAT and lease/photo condition schedule contribution of £190 + VAT will be payable by the incoming tenant towards these costs.
Energy Performance Certificate (EPC):
The property has an Energy Efficiency Rating of C. A copy of the EPC Certificate in relation to the premises EPC are available upon request.
Viewings:
By appointment through the Sole letting Agents Leonards (01482) 37521 (Ref: MJB/RMB)
