Unit I Old Bakery is a first floor office set within an attractive courtyard in the centre of the historic market town of Petworth.
The courtyard includes a variety of thriving independent retail businesses and is the main thoroughfare from the adjacent town car park. The unit totals 537 sq ft and comprises two large offices and a kitchen along with adjoining shared WC facilities.
The premises are currently classed as B1 Office. Alternative uses may be appropriate, subject to planning permission.
The unit is available to let by way of a new (effectively) full repairing and insuring lease of £420 pcm exclusive plus VAT. The lease will be contracted out of the provisions of the Landlord and Tenant Act 1954 Sections 24-28. Short term (minimum 6 month) leases will be considered.
The premises have an EPC rating of C and benefit from new electric panel heaters throughout.
Rateable Value: £5,000
Rates Payable 2020/21: £2,695
REPAIRS & MAINTENANCE
The tenant is to be responsible for all repairs other than those that are the subject to a service charge or recharge of the Council’s costs of undertaking the work on a common basis.
The service charge is currently £430 + VAT per month in relation to light, cleaning, heating and repair of common areas.
The lessee will be responsible for rates, utilities, reimbursement of the insurance costs (which will be invoiced to the tenant directly by the Council’s Insurance Officer), insurance of contents and any other outgoings that may be applicable.
RENT DEPOSIT / GUARANTEE
The Council will require a rent deposit as guarantee for the rent and tenant obligations.