LOCATION
26a Meadowgate is located in close proximity to the town centre of Bourne being to the east of North Street, Bourne. The property is accessed via a private vehicular access off Meadowgate.
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DESCRIPTION
The property comprises of a modern Office with kitchen and W/C facilities.
ACCOMMODATION
A schedule of the accommodation is listed below. Please note all measurements are approximate:
Entrance Hall: 1.58m x 2.68m
Kitchen: 2.17m x 1.54m
W/C: 2.16m x 1.02m
Main Office: 3.86m x 7.48m (less 1.46m x 0.91m)
Total Net Internal Area (NIA) – 35.12 sq. m. (377 sq. ft.)
SERVICES
We understand the property has the benefit of mains water, foul drainage and electric.
TERMS
The property is offered ‘To Let’ on a new lease for a term of six years.
There will be a Tenant break clause at the end of year three, subject to a six-month notice served by the Tenant in writing. The break will be conditional upon all sums of rent, insurance and so on properly due under the terms of the lease being fully paid up to date, up to the date of the break option.
The property is offered ‘To Let’ on a Full repairing and Insuring (FRI) basis.
The Tenant will not be permitted to sub-let or assign the lease.
The lease will be on a full repairing and insuring basis.
OUTGOINGS
The Rateable Value of the unit is £3,550.
Interested parties are advised to contact South Kesteven District Council to confirm the exact amount of rates payable.
LEGAL COSTS
Each party are responsible for their own legal costs.
PLANNING
The Tenant is to be responsible for making sure their use complies with all Planning Regulations and Commercial Use Classes with South Kesteven District Council (SKDC).
OTHER
Deposit:
The Tenant is required to pay a deposit of £1,875. This is to be held by the Landlord for the duration of the Tenancy.
INSURING OBLIGATIONS
The Tenant will be responsible for insuring their use, their contents and for maintaining a Public Liability Policy.
The Tenant will also be responsible for the reimbursement of the Landlord’s buildings insurance for the property, which will be recharged at cost.
The Landlord’s insurance figure is subject to review annually, and likely to increase per annum, in line with nationwide inflation.
OUTGOINGS
The tenant will be responsible for all services/utilities and outgoings including telephone and broadband in connection with the property. The tenant will also be responsible for the payment of all Business Rates.
VIEWING
Viewings are strictly by appointment only with R. Longstaff & Co LLP – Bourne on 01778 420 406.
Property Ref: 58325_101505032487
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