Description
The accommodation is built to a good standard and is understood to have originally been commissioned by the nuclear industry as a training centre; being accessed via a single entrance/egress which is security controlled.

Note
Our clients, ISG plc, hold a lease over the entire building and have the flexibility to either assign the whole or sub-let the vacant space in parcels tailored to meet occupiers specific requirements but the current void provides approx. 29,449 ft².

Head Lease
We understand that the entire property is held upon a lease for a term expiring 21st March 2027 with provision for a rent review at 5 yearly intervals.

Terms
The premises are available for a term up until 21st March
2027 at a quoting rent of £15 psf.

Business Rates
From internet enquiries of the Valuation Office Agency website (www.voa.gov.uk) we understand that the premises have combined Rateable Value of £231,210. For the year April 2023/24 business rates are normally payable at the Uniform Business Rate multiplier of 51.2p in the £.

VAT
We understand that VAT is NOT applicable in this instance.

EPC
C Rating

Legal Costs
Each party to bear their own legal costs.

Service Charge
A service charge of £5 psf linked to RPI will be charged in respect to the cost of the upkeep of the common parts of the building, security, external landscaping etc..

Important
The services, fixtures, fittings, appliances and other items of equipment referred to have not been tested by this firm and therefore no warranty can be given in respect of their condition. Interested parties should satisfy themselves as to their condition.