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Property Description
To be offered by way of assignment of the current lease or by way of new lease subject to negotiations, the premises is comprised of a suite of six separate offices and staff facilities situated on the first and second floor of a modern building in the centre of Castle Donington surrounded by free parking facilities.
The offices have their own entrances off Borough Street and are centrally heated, double glazed and carpeted. The first and second floor can easily be split with an entrance providing access to each floor independently.
Castle Donington provides a good commercial base for a growing number of large and small businesses with easy access to main roads including the M1 and A50 Derby South Loop Road. East Midlands Airport is located just outside Castle Donington.
Location
Castle Donington is located within easy reach of the East Midlands cities of Nottingham, Derby and Leicester and is situated close to East Midlands Airport. Nottingham Parkway Train Station provides fast connections to London and other major cities.
The Property
The property is situated on the busy main street in the centre of Castle Donington. The offices are self-contained and centrally heated and have Cat 11 lighting installed. They are situated on the first floor and second floor of a modern building with their own entrances at the rear.
Floor Areas
Office 1 250 sq ft 23.23 sq m
Office 2 160 sq ft 14.86 sq m
Office 3 196 sq ft 18.21 sq m
Office 4 250 sq ft 23.23 sq m
Office 5 160 sq ft 14.86 sq m
Office 6 196 sq ft 18.21 sq m
Total 1,212 sq ft 112.62 sq m
WC and kitchen area on each floor.
Terms
The offices are available by way of assignment of the current lease or new lease to be granted on full repairing and insuring terms for a term to be agreed at an initial rent of £11,000 pa excl.
Rates and Insurance
The Rateable Value for 20/21 is £3850 for office 44c and £3,450 for office 44d. Please note this is not the amount that you will pay. Incoming tenants should look to make their own enquiries as to the eligibility to qualify for small business rates relief, at which point the rates payable would be £0.
The tenant is also liable to pay a proportion of the building insurance – the share of the premium for the full year is £230.
Viewing
Viewing is by prior arrangement.
Letting Procedure
Interested parties should complete a Tenancy Application Form. New businesses will need to provide a business plan for the proposed venture.
Upon approval of references and agreement of lease terms, the incoming tenant will pay a fee of £174 as a contribution towards the costs of drawing up the tenancy agreement.
Please note, by submitting an enquiry regarding this property you agree that we may send your details to the landlord of this property so they may contact you in order to answer any questions, or arrange a convenient viewing time. STRICTLY NO AGENT OR SUB-LETTING CALLS.
