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Office Property
Marlborough House, Holly Walk, Leamington Spa CV32 4HY
Property Image
  • Net internal area: 1,788sqft (166.10sqm)
  • Recently refurbished
  • First floor offices with 2 car parking spaces
  • First Floor Suite with lift access
  • Open plan
  • Rent: £26,000 per annum (Exclusive)
Ready for occupation
FOR SALE or TO LET
Location
The property is situated in an established business quarter within the town centre and is a short walk from Parade, the main retail area.
An excellent road network is within easy reach including Junctions 13, 14 and 15 of the M40 to the South and the A46 bypass to the north leading both to the M40 together with the M6, M1 and M69 motorways, as well as Coventry and Birmingham via the A45.

Description
Marlborough House is a modern four storey detached office building with the two principal occupiers being Evolution Studios (part of Sony) and Coventry, Solihull & Warwickshire Partnership. Working Links (Employment) Limited have separate access to their ground floor rear suite.

The remaining vacant suite is in the rear section of the building at first floor level. The common parts have been extensively refurbished in early 2008 to include the installation of electric doors, new access controlled intercom to secure the internal door and extensive refurbishment of the common areas and stairs to the upper parts.

The office suite itself will shortly be upgraded to include redecoration, lighting and new carpet tiles.

Outside there are 2 allocated car spaces in the private car park. In the immediate vicinity, there is a combination of time limited ‘pay and display’ and free all day on street car parking. A long stay surface level car park is in Rosefield Street (approximately 75 metres from Marlborough House) and the Royal Priors multi storey car park in Park Street is within approximately 300metres.
Accommodation
First floor open plan office suite with a net internal area of 1788sqft (166.10sqm) which is mainly open plan with a small meeting / director's office leading off. Private kitchenette directly outside the door to the suite accessed off the common parts.

Service
All mains services are understood to be available and connected to the building. Heating is provided to radiators with individual thermostatic valves.

Lease Terms
A new lease for a term to be agreed will be granted. The tenant will be responsible for internal repairs, maintenance and decoration to the suite and for contributing towards the service charge.
A service charge will be levied by the landlord for the repair, maintenance and decoration of the exterior of the building together with the common parts including the heating, lighting and cleaning of the latter plus the maintenance of the lift.

Rent
£26,000 per annum, exclusive of business rates,
VAT payable quarterly in advance.

VAT
VAT will be payable on the rent and service charge.

Rates
The suite will be reassessed for rating purposes. By way of a guide, the other suites have a rates payable figure of approximately £4.45 psf for 2008/2009.

Legal costs
Each party will be responsible for their own legal costs incurred in this matter.
Viewing via agents Wareing & Company Revelan
T 01926 430700 T 0121 561 6050
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