Progress Way, C Brandon Court, Binley, Office To Lease, Coventry

DescriptionC1 is an established office in a courtyard development setting. The floor plans is 'L' shaped with partitioned offices and has the following fixtures and fittings.- Suspended ceilings with fluorescent light boxes- New air conditioning installation throughout- Carpet tilesLocationBrandon Court is situated approximately 2 miles to the east of Coventry City Centre near to Binley Business Park and adjacent to the A46 Coventry Eastern by-pass. The by-pass provides dual carriageway connections to the A45, M69 and M6 (2 miles) for routes to the Midlands motorway network and Birmingham Airport.Brandon Court is located at the end of Progress Way, a turning off Herald Way, on Binley Industrial Estate. Tenants on site include Microsoft Limited, Cityfibre, Minitab, Comex 2000 (UK) Limited and Bennett's Motorcycling Services Limited.Morrisons, B&Q and the Warwickshire Shopping Park are all close. New developments are on going at Ansty Park (Sainsbury, MTC, London Taxi, Faunc & AVL) and Whitley (Jaguar Land Rover), to underline the strength of the east side of Coventry as a commercial location.Lease TermsThe office is offered on a new 6 year full repairing and insuring lease at a commencing rent of £44,000 per annum. A service charge is levied under the lease for maintenance of the common parts of the estate (currently £2,500 per annum).VAT is levied on all sums reserved under the lease.Business RatesRateable Value: £30,500Business Rates Payable 2023/2024: £15,220Legal CostsEach party is to bear their own legal costs associated with the lease assignment including any stamp duty and VAT.