Steeple House, Percy Street, Coventry, CV1 3BY

Description
Steeple House offers a number of well-presented office suites over ground and first floors, with communal welfare facilities on each floor. Internally, most suites benefit from suspended ceilings with inset LED lighting, mains electricity and are carpeted throughout. Externally there is a communal car park to the front and garden to the rear. Access to the property is via a main door on the ground floor with each suite being individually locked.

Location
Steeple House is situated just outside the inner ring road, on the corner of Percy Street and Gloucester Street. The immediate surrounding area is largely residential, however the property is only a short walk from the popular Spon Street and Skydome complex. Steeple House provides good access to the inner ring road and Holyhead Road (A4114), a main arterial route within the City.

Business Rates
All units are separately assessed and fall below the threshold that business rates become payable for single premises occupiers.

Service Charge
A service charge is payable towards the repairs and maintenance of structural/communal elements, utilities and building insurance. Further details listed above.

Tenure
The suites are available by way of new leases for a term of years be agreed.

Rent/Service Charge
Unit 1: £1,950.00 per annum / 5.22% at £3,603 per annum
Unit 4: £1,950.00 per annum / 5.22% at £3,603 per annum
Unit 7: £1,687.50 per annum / 4.51% at £3,118 per annum
Unit 9: £2,075.00 per annum / 5.55.% at £3,834 per annum
Unit 16: £1,750.00 per annum / 4.68% at £3,233 per annum

VAT
Holt Commercial understand the property is not elected for VAT.

Legal Fees
Each party will be responsible for their own legal costs incurred in the preparation and granting of a new Lease. Abortive fees may be payable.