Office to rent in 10 Sabre Close

£18,000.00 pa < Back to search results

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Property Description

10 Sabre Close occupies a prominent position fronting Bristol Road, close to its junction with Cole Avenue and the A38 Quedgeley Bypass, 2 miles from both the city centre and Junction 12 of the M5. Local facilities are provided opposite the property, including a hotel, deli and coffee shop, as well as a Tesco superstore and retail park within half a mile.

The property comprises a two storey office building, constructed around a steel frame with full height brickwork beneath a sloping roof of insulated profile metal sheeting.

The entrance for the first floor is to the front of the building.

Internally, the accommodation on the first floor provides open plan accommodation, which is finished to a good specification, including suspended ceilings with recessed lighting, air-conditioning, perimeter trunking, carpeting throughout, kitchenette and WC facilities.

The accommodation is to be decorated throughout and re-carpeted.

Externally there is a landscaped area to the front, together with brick paviours around the building. Parking is allocated to the rear of the property, with five spaces provided for the first floor.

The Tenant is to be responsible for payment of a service charge in respect of maintenance and upkeep of external and common areas of the building and provision of services to the site.

The Tenant is to reimburse the Landlord 50% of the total cost of the annual buildings insurance premium.

The Tenant is to be responsible for payment of 50% of the costs incurred for water rates, electricity, and gas charges.

Subject to Contract
The first floor demise is available by way of an Assignment of the existing Lease. The existing Lease expires on 30th September 2023 and is on effectively full repairing and insuring terms by way of a service charge provision.

The current rent is £18,000 per annum exclusive and the Tenant’s liability to annual service charge payments is capped at £2,000 per year, increasing annually linked to Retail Price Index (rpi).

The Lease is excluded from the security of tenure provisions of the Landlord & Tenant Act 1954 Part II.

A rent deposit may be required.

The property is elected for VAT.

Location

Bird Eye View