Charlecote

DESCRIPTION

10 Shelley Road comprises cellular office accommodation arranged over ground and first floors with a small kitchen and W.C located at ground floor level.

Externally there is access to a shared courtyard with the adjoining building 26 Grafton Road (comprising 2,647 sq ft) which is also for sale.

Amenities

• Gas central heating

• Air conditioning

• Modern LED panel lighting

• Carpet tiles

• Double glazing

• Kitchenette

• 8 parking spaces (5 on licence)

LEASE

The property is held on a lease to Investment Solutions Wealth Management Limited for a term of ten years expiring 30th May 2029. The passing rent is £13,000 per annum exclusive.

TERMS

Freehold for sale with vacant possession.

Alternatively a new lease on terms to be agreed.

PRICE

Offers in the region of £350,000.

RENT

£17,000 per annum exclusive.

VAT

We are advised that VAT is not chargeable on the rental outgoings.

RATEABLE VALUE

10 Shelley road RV £12,750@49.9 p in the £ (Apr 2025/26).

ENERGY PERFORMANCE CERTIFICATE

Certificate No: 0940-4900-0321-8900-5020, rated D 87, valid until 11th April 2029.

LEGAL COSTS

Each party is to be responsible for their own legal costs.

MONEY LAUNDERING REGULATIONS

Under the Money Laundering Regulations 2017 (as amended) we are legally required to obtain proof of funds and identity.