Warehouse to let in Plough Lane, Hook RG27

Description

The warehouse unit has a concrete floor, single phase electricity, led lights, the unit has a maximum height to the underside of the haunch of 18’4’’ (5.58m) with minimum height to the underside of haunch of 14’7’’ (4.44m). There is an electric loading door which is 10’ (3.05m) wide by 11’3’’ (3.43m) in height. There is no parking with the unit just loading/unloading. There is no waste disposal.

Location

Set in a rural location near Eversley, Hook & Hartley Wintney. Plough Lane is situated off the Bramshill Road from Eversley to Heckfield.

Rent

Offers in the region of £12,500 per annum exclusive (£15 ft²). The rents are paid monthly in advance by standing order and exclude business rates, service charge, building insurance and water rates. In normal circumstances the landlord will require 3 months’ rent in advance. Both individual and communal Electricity costs will be billed separately to the tenant monthly.

Service charge

The annual service charge pro rata is £80 a month plus VAT to be reviewed annually for the first time on 1st April 2025. This will be added to the monthly standing order for the rent and covers insurance and maintenance of common areas.

Electricity

Electricity supply for the unit will be metered and charged separately at current rates.

Business rates

The property is not assessed for business rates.

Terms

The unit is available on a new 3-year lease. The leases are to be excluded from the 1954 Landlord & Tenant Act.

Deposit

A 3-month rent deposit will be required which is based on the full rent including an amount of money equivalent to VAT i.e. A figure of £3,750.

VAT

VAT will be chargeable on the rent and service charge.

Legal costs

Each party is responsible for their own legal costs.