Unit 10 Stephenson Court, Newark

Description 

Stephenson Court is situated on the well established Brunel Drive Business Park in Newark.  Unit 10 is a self-contained, modern office suite extending to 1,000sq.ft and benefiting from on-site car parking, with six spaces included.

The property is fitted to a high specification, including air conditioning, perimeter trunking and provides disabled access.

Accommodation 

Entrance lobby.
Main open plan office.
Private office/meeting room.
Kitchenette, disabled W/C facilities and rear lobby.

The floor area is approximately 1,000 sq ft (92 sq m) .

Location 

The town of Newark has a population of approximately 35,000 with a catchment of upwards of 60,000 people.  Situated adjacent to the A1, it is within 20 miles of Nottingham and 15 miles of Lincoln.  Newark is located on the Edinburgh to Kings Cross East Coast Main Line, providing excellent rail links.

Tenure 

The property is to let on a new full repairing and insuring lease.

Rent

£10,250 per annum exclusive.

Service Charge 

A modest service charge is payable for the upkeep and maintenance of the common areas of the estate.

VAT

The property is VAT registered, and VAT is payable on rent, service charge and insurance.

Rateable Value 

The rateable value £8,800.
Standard Multiplier (2024/2025) 54.6p in the £
Small Business Multiplier (2024/25) 49.9p in the £

The property may qualify for Small Business Rate Relief.

Energy Performance Certificate 

D (79) Rating. The EPC and Recommendation Report are available on request.

Services

Mains electricity, water, and drainage are available to the property.   There is an air-conditioning / heating system.

Planning

We understand that the property has consent for uses falling within Class E of the Town and Country Planning Use Classes Order.  This includes offices, retail, financial services, medical and health services.