We offer small business start-up tenancies on flexible terms. Typically this will allow a tenant the security of a 3 year tenancy but with the option to give notice and vacate on or after the first year
subject to giving 3 months' notice. Other incentives include:
- Rents payable monthly in advance
- No hand over fees
- No necessity for legal fees*
- No deposit**
The size of units at these sites range from 28 sqm (300 sqft) to 555 sqm (6000 sqft).
Rents are from £2,750 per annum plus VAT.
A maintenance rent is charged in addition to the rent. This is for a fixed sum which increases in line with RPI each year. This helps to give certainty as to the cost of future outgoings and helps businesses to budget more effectively. Whereas most business leases require the tenants to repair the inside and outside of their properties, to keep them in repair, and to pay a percentage of the cost of maintaining any shared site areas, at these sites the tenant is only directly responsible for internal repairs. We take care of the repair and maintenance of external and shared areas and charge a maintenance rent to cover the cost of this. The maintenance rent varies from site to site
and is stated on the individual property details.
The uses that we permit at these sites must fall within category B1, B2 or B8 of the Town & County Planning (Use Classes) Order. These include manufacture, processing, research or storage. Other uses may be considered subject to planning.
Please note that all rents are subject to VAT.
Please check the amount of rates payable with the relevant district council.
* To save costs we use a simple standard legal agreement and therefore we do not request from the tenant a contribution towards landlord's legal fees. If you choose to employ your own solicitor you will be responsible for their fees.
** Subject to satisfactory references and credit checking