Name | sq ft | sq m | Availability |
3rd | 464 | 43.11 | Available |
2nd - Suite 3 | 511 | 47.47 | Available |
2nd - Suite 2 | 667 | 61.97 | Occupied |
2nd - Suite 1 | 452 | 41.99 | Occupied |
1st - Suite 1 | 445 | 41.34 | Occupied |
1st - Suite 2 | 520 | 48.31 | Occupied |
1st - Suite 3 | 530 | 49.24 | Occupied |
Ground | 1,485 | 137.96 | Occupied |
Lower Ground | 1,324 | 123 | Occupied |
Total | 6,398 | 594.39 |
The property is situated on a prominent gateway position to the town centre and is directly opposite one of the latest mixed-use developments. Nearby occupiers include Total Fitness, Sainsbury’s, California Coffee & Wine and Travelodge to name a few.
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1-5 The Downs offers modern office suites over five levels. The common areas have recently been refurbished and the WCs have also been upgraded. The available suites are located on the upper floors.
The property is offered by way of a new effective full repairing and insuring lease for a term of years to be negotiated.
The RV is £3,550 (third floor) / £6,500 (second floor) so zero rated should you be eligible for SBR. Under the terms of the lease, the tenant is responsible for the payment of rates and all outgoings. The landlord will insure the premises but will recover the proportionate cost of the building insurance from the tenant.
The tenant will be directly responsible for paying electricity, gas and water.
Rentals are exclusive of VAT. The property and landlord is VAT registered.