Waldeck House - Unit 8

The proposed terms of occupation are listed below:

Accommodation
Gross internal area of 157.9 sq m (1700 sq ft).  The unit is located on the first floor of the building.

Rent
£15,000 per annum payable quaterly in advance by bankers standing order.  The rent will be subject to upwards only review at regular intervals depending on length of lease agreed between parties.

Term
The length of the lease is to be agreed between the parties, commencing on a date to be agreed.

Use
The premises are to be used for light industrial and or storage purposes,  but excluding any use associated with vehicle body repairs, panel beating and paint spraying.

Floor loadings
Any equipment or goods stored is not to exceed the load bearing capability of the floor which is designed to a uniform distribution load of 150lbs per sq ft.

Outgoings
The tenant will pay business rates and any other outgoings on the premises.  The RV (Rateable Value) is £14,000 (2005 list).  The UBR (Uniform Business Rate) is 43.3p for 2006/7.

Repairs
The tenant will be responsible for keeping the interior of the demise premises in good repair, decoration including ceilings, walls, floors, windows, together with glazing and doors.  The Council will be responsible for the external and structural repairs, together with maintenance of the lifts and common parts.

Insurance
The Council will insure the premises against loss and damage due to fire and other usual perils and will recharge a fair
and reasonable proportion of the premium to the tenant.   The tenant is to insure its stock, fixtures and fittings and staff/employees.   The tenant shall indemnify the Council against all claims which may be made against it as a result of the lessee's wilful neglect or non-observance of its covenants.

Utilities
The in-going tenant is to make all necessary arrangements with regard to the supply, connection and payment of all services to the unit.

Communal Services
The Council provide and maintain the following services at no additional service charge:

1. Loading bay with 4.2m (14 ft) headroom
2. Two hydraulic goods lifts, with maximum loadings of 1 and 3 tonnes respectively
3. Entrance foyers and stairwells with companies name board
4. Communal cloakrooms (3 female and 3 male)
5. Bulk refuse bins, located in bin store outside the building
6. Communal car park.   (Generally 3 parking permits are allocated to each unit)
7. On-site caretaker during normal working hours

Assignment and Sub-letting
Will be subject to the Council's prior written consent (such consent not be unreasonably withheld).

Lease
The tenant will be expected to enter into a formal lease with the Council which will contain other conditions deemed necessary to protect its interest.

Costs
The tenant will be expected to bear the Council's reasonable legal costs incurred in the preparation of the lease.

Rental
Offers are invited for the annual rental, which will be payable quarterly in advance.

Whilst all due care and attention has been taken in the preparation of these particulars, their accuracy is not guaranteed, furthermore, they do not form a part of any contract.  In addition, the Council does not bind itself to accept the highest or any offer received.  All measurements and areas quoted are approximate and the plan supplied is for identification purposes only.

For further details please contact either:
Kempton Carr Croft (David Pearce) Tel. 01628 771221
or
Lambert Smith Hampton (Derek Tremellen) Tel. 01628 676001