R/O 8 SPENCER ROAD COVENTRY CV5 6PA
Annexe Accommodation To Let, Considered Suitable For Office Use Located To The Rear Of Established Dental Practice Premises Accommodation Extends To 36.65 M² (394 Ft²) Approx. Net Rear Parking For Two Cars Located In A Favoured Professional Quarter Of Coventry Rental - £7,500 Per Annum Exclusive
r/o 8 Spencer Road
LOCATION
LEASE TERMS
The property is located at the rear of 8 Spencer Road which is a mature three storey mixed commercial and residential property, the commercial part being occupied by the Spencer Road Dental Practice.
The premises are available on the basis of a new lease for a term of years to be agreed, but a three year term is suggested with a three yearly rent review pattern if appropriate. The lease will exclude the security of tenure provisions of the Landlord and Tenant Act 1954.
This is a popular location directly facing King Henry VIII School with other mature properties alongside comprising a mix of residential and commercial premises along with institutional users all benefitting from the relative proximity of Coventry City Centre. DESCRIPTION The property comprises the rear annexe part of a character three storey mixed commercial and residential building with the principal ground floor accommodation currently occupied by the Spencer Road Dental Practice. Previously the annexe accommodation, which consists of four inter-connecting rooms together with w.c. facilities, was occupied as a dental laboratory and is considered suited for this use or alternatively as offices. The property also has the benefit of Category II lighting together with gas-fired central heating and perimeter power point provision. In addition the accommodation has the benefit of two parking spaces (to be allocated) in a rear parking court, this having access off Davenport Road. ACCOMMODATION Annexe Accommodation 36.65m² (394 ft²) Comprising four interconnecting rooms
The commencing rental will be £7,500 per annum with a service charge also payable representing an apportioned cost of the gas, electricity, business rates, insurance and water charges incurred. In addition there will be an obligation to make a fair and reasonable contribution towards the cost of maintaining the exterior of the building, rear car park area and landscaping etc. LEGAL COSTS The ingoing tenant is to pay the Landlord’s legal costs incurred in connection with this transaction, including the Stamp Duty payable on the counterpart lease and VAT as applicable. VAT All prices and rents mentioned in these details and any subsequent correspondence are exclusive of VAT if applicable. At the time of preparation of these details (November 2016) the Landlord had not elected to charge VAT on the rent. FIXTURES AND FITTINGS All items usually classed as tenant’s fixtures and fittings and not mentioned in these details are excluded from the letting. LOCAL AUTHORITY
Toilet Comprising wash basin and w.c. All areas are approximate and have been measured on a net internal basis. SERVICES Mains water, drainage, gas and electricity are connected to the premises. No tests have been applied.
Coventry City Council Council House Reception Earl Street Coventry CV1 5RR Tel: 0500 834 333 VIEWING By arrangement with:LOVEITTS COMMERCIAL Telephone: 024 7622 8111 E-mail:
[email protected] (Ref. JRP/AW)
r/o 8 Spencer Road
Subject property for identification purposes only
r/o 8 Spencer Road Conditions under which particulars are issued: Messrs Loveitts for themselves and for vendors or lessors of this property, whose agent they are, give notice that: i)
The particulars are set out as a general outline only for the guidance of intended purchasers or lessees and do not constitute, or constitute part of, an offer or contract.
ii)
All descriptions, dimensions, reference to conditions and necessary permissions for use and occupation, and other details, are given in good faith and are believed to be correct and any intended purchasers or lessees should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of them.
iii)
No partner or any person in the employment of Loveitts has any authority to make or give any representation or warranty whatever in relation to this property.
iv)
All prices and rents quoted are exclusive of V.A.T. unless otherwise stated.