toletonanewleasetolet onanewlease first floor offices, 7
TO LET ON A NEW LEASE FIRST FLOOR OFFICES, 7 SMITH STREET WARWICK CV34 4JA
• Attractive Suite Of First Floor Offices Forming Part Of A Period Building With A Private Car Parking Space At The Rear • The Offices Will Also Benefit From Refurbished Communal Areas • Prominently Situated Fronting Historic Smith Street Close To The East Gate & St. Peter’s Chapel And The Commercial Heart Of Warwick • Net Internal Area Around 104. 104.63 m² (1,126 (1,126 ft²) • Rental: £9 £9,750 750 Per Annum Exclusive
First Floor Offices, 7 Smith Street, Warwick, CV34 4JA
LOCATION These premises are prominently located close to The East Gate & St. Peter’s Chapel end of historic Smith Street (A429), which is a picturesque one-way street close to the commercial heart of the town and comprising many Listed Buildings with a number of independent retailers, restaurants, etc.
There is a right to park one vehicle in the landlord’s car park at the rear (located off Priory Road Surface Car Park). Note: The communal areas are currently being refurbished including the provision of new separate male and female wc’s. ACCOMMODATION
Smith Street is understood to be the oldest shopping street in Warwick, benefitting from short-stay on-street pay-and-display parking. There are also a number of nearby public car parking facilities including Priory Road Surface Car Park. Warwick’s medieval Castle is also nearby as are St Nicholas Park, St. John’s House Museum, the Railway Station, etc. The premises are also conveniently situated for the A46 (Warwick By-Pass – about two miles) with access to Coventry (10 miles north) and Stratford-Upon-Avon (9 miles south). Junctions 13, 14 and 15 of the M40 are also readily accessible being just a few miles distant to the south providing access to Birmingham (about 25 miles north-west) and London (about 100 miles south-east).
All measurements are approximate and on a Net Internal Area basis. Ground Floor Communal entrance off Smith Street. Stairs to: First Floor Landing with communal male and female toilets off. Door to: First Floor Suite, 7 Smith Street Briefly comprising: Main Open Plan Area; Three Further Offices; Store Room; Kitchen Area.
Warwick is the county town of Warwickshire and has a population of 31,345 (2011 Census).
WCs
DESCRIPTION
CURRENT TOTAL NET INTERNAL AREA 104. 104.63 M² (1,126 (1,126 Ft²)
The property comprises as suite of first floor offices forming part of a three storey principally brick built period building providing three retail units on the ground floor with offices arranged on two upper floors. The suite, which is approached via a communal entrance directly off Smith Street, is arranged as a main open plan area with attractive exposed floorboards and glazed partition, with three further offices, store room, kitchen area and private wc’s.
Outside Single car parking space at the rear.
SERVICES Mains electricity, water and drainage are understood to be installed to the premises, subject to connection charges by the utility companies. Storage heaters to the offices. No tests have been applied.
First Floor Offices, 7 Smith Street, Warwick, CV34 4JA
LEASE
RATES
The premises are available on a new tenant’s effective full repairing and insuring lease (recoverable by way of a service charge) for a term by agreement, but a six year lease, subject to an upward only rent review at the end of the third year, is suggested.
We are informally advised by the Local Authority that the current assessment is split as (exclusive of any business rates which may be applicable to the car parking space):-
INITIAL RENT
Rateable Value (2017 List): £5,300*
The premises are available at a commencing rental of £9,750 per annum exclusive.
1st Floor Rear, 7 Smith Street
1st Floor Front, 7 Smith Street
Rateable Value (2017 List): £4,600* COSTS Incoming tenant to pay all reasonable legal costs in respect of the transaction, including Stamp Duty and VAT, if applicable. VAT All prices and rents mentioned in these details and any subsequent correspondence are exclusive of VAT, if applicable. FIXTURES AND FITTINGS
*the rateable occupier may apply to have the suite re—assessed as a whole for business rates purposes. Please note that this is not the Rates Payable and prospective occupiers are advised to make their own enquiries with the Local Authority for verification of the Rateable Value and confirmation of the amount of Rates Payable. Any queries regarding Business Rates Relief should also be directed to the Local Authority.
All items usually classed as tenant’s fixtures and fittings and not mentioned in these details are excluded from the letting.
VIEWING
LOCAL AUTHORITY
LOVEITTS COMMERCIAL Telephone: 024 7622 8111 E-mail: [email protected] (Ref: SRE)
Warwick District Council Riverside House Milverton Hall Leamington Spa CV32 5HZ Tel: 01926 410410 TOWN PLANNING/USE The premises are understood to have an existing use for office purposes and are situated within Warwick Conservation Area. Prospective occupiers should rely on their own enquiries with the Planning Authority as to whether planning permission is necessary for their proposed use.
By arrangement with:-
First Floor Offices, 7 Smith Street, Warwick, CV34 4JA
Subject property for identification purposes only
First Floor Offices, 7 Smith Street, Warwick, CV34 4JA
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.
• Attractive Suite Of First Floor Offices Forming Part Of A Period Building With A Private Car Parking Space At The Rear • The Offices Will Also Benefit From Refurbished Communal Areas • Prominently Situated Fronting Historic Smith Street Close To The East Gate & St. Peter’s Chapel And The Commercial Heart Of Warwick • Net Internal Area Around 104. 104.63 m² (1,126 (1,126 ft²) • Rental: £9 £9,750 750 Per Annum Exclusive
First Floor Offices, 7 Smith Street, Warwick, CV34 4JA
LOCATION These premises are prominently located close to The East Gate & St. Peter’s Chapel end of historic Smith Street (A429), which is a picturesque one-way street close to the commercial heart of the town and comprising many Listed Buildings with a number of independent retailers, restaurants, etc.
There is a right to park one vehicle in the landlord’s car park at the rear (located off Priory Road Surface Car Park). Note: The communal areas are currently being refurbished including the provision of new separate male and female wc’s. ACCOMMODATION
Smith Street is understood to be the oldest shopping street in Warwick, benefitting from short-stay on-street pay-and-display parking. There are also a number of nearby public car parking facilities including Priory Road Surface Car Park. Warwick’s medieval Castle is also nearby as are St Nicholas Park, St. John’s House Museum, the Railway Station, etc. The premises are also conveniently situated for the A46 (Warwick By-Pass – about two miles) with access to Coventry (10 miles north) and Stratford-Upon-Avon (9 miles south). Junctions 13, 14 and 15 of the M40 are also readily accessible being just a few miles distant to the south providing access to Birmingham (about 25 miles north-west) and London (about 100 miles south-east).
All measurements are approximate and on a Net Internal Area basis. Ground Floor Communal entrance off Smith Street. Stairs to: First Floor Landing with communal male and female toilets off. Door to: First Floor Suite, 7 Smith Street Briefly comprising: Main Open Plan Area; Three Further Offices; Store Room; Kitchen Area.
Warwick is the county town of Warwickshire and has a population of 31,345 (2011 Census).
WCs
DESCRIPTION
CURRENT TOTAL NET INTERNAL AREA 104. 104.63 M² (1,126 (1,126 Ft²)
The property comprises as suite of first floor offices forming part of a three storey principally brick built period building providing three retail units on the ground floor with offices arranged on two upper floors. The suite, which is approached via a communal entrance directly off Smith Street, is arranged as a main open plan area with attractive exposed floorboards and glazed partition, with three further offices, store room, kitchen area and private wc’s.
Outside Single car parking space at the rear.
SERVICES Mains electricity, water and drainage are understood to be installed to the premises, subject to connection charges by the utility companies. Storage heaters to the offices. No tests have been applied.
First Floor Offices, 7 Smith Street, Warwick, CV34 4JA
LEASE
RATES
The premises are available on a new tenant’s effective full repairing and insuring lease (recoverable by way of a service charge) for a term by agreement, but a six year lease, subject to an upward only rent review at the end of the third year, is suggested.
We are informally advised by the Local Authority that the current assessment is split as (exclusive of any business rates which may be applicable to the car parking space):-
INITIAL RENT
Rateable Value (2017 List): £5,300*
The premises are available at a commencing rental of £9,750 per annum exclusive.
1st Floor Rear, 7 Smith Street
1st Floor Front, 7 Smith Street
Rateable Value (2017 List): £4,600* COSTS Incoming tenant to pay all reasonable legal costs in respect of the transaction, including Stamp Duty and VAT, if applicable. VAT All prices and rents mentioned in these details and any subsequent correspondence are exclusive of VAT, if applicable. FIXTURES AND FITTINGS
*the rateable occupier may apply to have the suite re—assessed as a whole for business rates purposes. Please note that this is not the Rates Payable and prospective occupiers are advised to make their own enquiries with the Local Authority for verification of the Rateable Value and confirmation of the amount of Rates Payable. Any queries regarding Business Rates Relief should also be directed to the Local Authority.
All items usually classed as tenant’s fixtures and fittings and not mentioned in these details are excluded from the letting.
VIEWING
LOCAL AUTHORITY
LOVEITTS COMMERCIAL Telephone: 024 7622 8111 E-mail: [email protected] (Ref: SRE)
Warwick District Council Riverside House Milverton Hall Leamington Spa CV32 5HZ Tel: 01926 410410 TOWN PLANNING/USE The premises are understood to have an existing use for office purposes and are situated within Warwick Conservation Area. Prospective occupiers should rely on their own enquiries with the Planning Authority as to whether planning permission is necessary for their proposed use.
By arrangement with:-
First Floor Offices, 7 Smith Street, Warwick, CV34 4JA
Subject property for identification purposes only
First Floor Offices, 7 Smith Street, Warwick, CV34 4JA
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.
