Property Description
Casterton Suite - 576 Sq Ft - All inclusive Rent £13,250 per annum Casterton - £7,500 Rent + £5,750 budgeted Service charge Lyndon Suite - 286 Sq Ft - All inclusive Rent £7,575 per annum Lyndon - £4,000 Rent + £3,575 budgeted Service Charge Business Rates - The Casterton RV is £6,900 Lyndon office RV is £4,550 Small Business Rates Relief could apply Legal Fees - Each party to bear their own costs. Note the £550 + VAT Admin Fee payable by the tenant VAT - Applicable EPC - C (52) Property These 2 Offices are within the serviced office complex at The King Centre which adjoins open fields. There is a manned reception desk along with the on-site Cafe'. The Offices are on the ground floor. The 2 offices are close together, separated only by a corridor so could be leased together. Location The Business centre is approximately 3/4 of a mile from the train station in Oakham which is a popular Market town and is the County capital of Rutland, the smallest County in the UK. Rutland is home to Rutland Water, popular for locals and tourists for cycling, fishing, bird watching and walking. Terms A new Internal repairing and Insuring lease will be prepared for a 5 year lease with a 3 year review and break if required. A rent deposit equal to 3 month rent including VAT will be held for the period of the lease. References will be required. Rent and service charge are paid quarterly in advance and please note the contribution required towards the Landlords Administration costs. Buildings Insurance is charged in addition VAT will be applicable on the rent and any other additional charges. The Lease Admin fee of £550 + VAT is payable on issue of the Heads of Terms Accommodation There is a manned reception desk which will operate between 9am to 5pm Monday to Friday to service the 31 individual office and R & D space. The Reception service will include the ability to transfer incoming calls to the main line to individual offices. There is also an area for meeting and greeting clients. Current Availability Casterton Suite - £7,500 Rent + £5,750 budgeted Service charge Lyndon Suite - £4,000 Rent + £3,575 budgeted Service Charge Service Charge The Service charge covers Buildings Insurance, High Speed Broadband, Reception Services including basic Admin support, Light, Heat, Communal Cleaning/Refuse, CCTV, access control & linked alarm system and parking. Tenants responsible for their own telephone services