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Description

The premises comprise of good quality modern accessible ground floor offices with access through shared front and rear entrances.

LOCATION:
Situated within Lowestoft Town Centre, close to Station Square and the principal retail areas. Lowestoft with a resident population of approximately 70,000 and a catchment population in excess of 100,000 is the second largest town in Suffolk, a centre for industrial, retail and port activities and one of the principal service centres to the Southern North Sea Oil & Gas Fields.

DESCRIPTION:
The premises comprise of good quality modern accessible ground floor offices with access through shared front and rear entrances. The offices have the shared use of kitchen and toilet facilities. There are two car-parking spaces available to the rear of the building.

ACCOMMODATION:
Offices: 97.86 sq m (1,053 sq ft)
Total: 97.86 sq m (1,053 sq ft)

SERVICES:
The premises are fully heated with mains electricity, water and drainage connections. The building has a fire detection installation and emergency lighting. The offices have the shared use of kitchen and toilet facilities, with an access toilet at ground floor level. There is a lift serving all floors. 

SERVICE CHARGE:
A service charge is payable, which covers the cost of heating, water supply and drainage, cleaning of the common parts, building maintenance, building insurance and the use of the shared kitchen and toilets. This is calculated as a percentage of the net lettable floor area of the building, which for these offices is 14.85%.

RATING:
Rateable Value: £6,300

PLANNING USE:
Office Use – Use Class B1

TERMS:
New lease for a minimum term of 5 years subject to a lessee’s full repairing and decorating covenant at an initial annual exclusive rent in the region of £9,500, subject to the receipt of satisfactory references.

VAT:
VAT will be applied to the rent and service charge.

LEGAL COSTS:
Each party to be responsible for their own legal costs. Prospective lessee’s are to enter into a binding undertaking to pay the lessors legal fees in the event of withdrawing from the transaction before completion.

VIEWING:
Strictly by appointment with the sole agents:
Richard Perkins & Associates