Cheltenham - Unit L7 The Link Business Park, Andoversford, GL54 4LB

The property is situated on The Andoversford Industrial Estate, just off the A40 approximately 5 miles east of Cheltenham. The M5 at Junction 11a is approximately 8 miles to the west and Oxford, the A34 and the M40 are all within easy reach along the A40 to the east.

• Units L6 L7 The Link Business Park Andoversford pdf, 0.96 Mb

The rates are assessed jointly with Unit L6 so will need to be re-assessed if the units are let separately.

The property has been used for light industrial and storage which fall within Classes E and B8 of the Use Classes Order 1987.

Terms

The unit is offered by way of a sub-lease, for a term expiring 31st March 2026. The landlord is open to granting a new lease after the existing lease ends via an Agreement to Lease, terms to be agreed. The rent is subject to an RPI increase on the 1st April of each year.

VAT

The property is elected for VAT purposes.

Service Charges

A charge is levied by the Estate Landlord to cover the costs associated with the upkeep and maintenance of the communal areas. INSURANCE The tenant will be responsible for refunding the appropriate insurance premium for the unit to the Landlord on a quarterly basis.

Legal Costs

Each party to bear their own legal costs incurred in the transaction.

ASH Chartered Surveyors for themselves and for the vendors or lessors of this property for whom they act, give notice that:

1. these particulars are a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract;
2. ASH Chartered Surveyors cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy;
3. no employee of ASH Chartered Surveyors has any authority to make or give any representation or warranty or enter into any contract whatever in relation to the property;
4. rents quoted in these particulars may be subject to VAT in addition; (v) ASH Chartered Surveyors will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars; and
5. the reference to any plant, machinery, equipment, services, fixtures or fittings at the property shall not constitute a representation (unless otherwise stated) as to its state or condition or that it is capable of fulfilling its intended function. Prospective purchasers/tenants should satisfy themselves as to the fitness of such items for their requirements.

Code of Practice for Commercial Leases in England and Wales

You should be aware that the Code of practice on commercial leases in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licenced conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations.

Money Laundering Regulations

As part of our obligations under the UK Money Laundering Regulations 2017, ASH will require any tenant/purchaser to provide proof of identity along with any other required documentation to satisfy anti-money laundering regulations.