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Industrial Unit To Let Addlestone
PROPERTY ID: 119822
PROPERTY TYPE
Industrial Unit
STATUS
Available
SIZE
2,583 sq.ft
Key Features
Property Details
The Subject Property Is Located On Ground Floor Level Within A Residential Development. Curchod & Co Have Been Informed There Are 39 Flats On-site. The Subject Property Is Let To Vet-ai Ltd (company Number: 11343174) On A 20-year Lease Term From 28th July 2023 At A Rent Of £55,000 Per Annum Exclusive. The Lease Is Outside The Security Of Tenure Provisions Within The Landlord And Tenant Act 1954. There Is A Mutual Break Option On 28th July 2033 (break Date). There Is A 12-month Rent Deposit Held. The Rent Is To Be Reviewed On An Upward Only Basis Every 5 Years To Be The Higher Of Either Open Market Rental Value Or Rpi Compounded Annually Subject To A Collar Of 2% And Cap Of 5%. The Tenant Is To Pay A Service Charge On An Annual Basis. Curchod & Co Can Provide The Required Lease Documentation On Request.