LOCATION
The Lakes Innovation Centre forms part of the Lakes Industrial Estate which is located on the east side of Braintree between the town Centre and Freeport Designer Village. There are two entry points into the estate, the first being opposite the Post Office sorting office in Lakes Road and the second being opposite the Salvation Army at Anglia Way.

DESCRIPTION
A self-contained business unit totaling circa 620 Sq. Ft. benefiting from its own WC and kitchen facilities, a suspended ceiling, lighting, glazed frontage located in a secure courtyard with two allocated car parking spaces.

TERMS
£866.67 plus VAT per calendar month (£10,400 plus VAT per annum).
The property is available To Let by way of a new lease, terms to be agreed.

OUTGOINGS
The property will require reassessment. We would advise interested parties to make direct enquiries with Braintree District Council Rates Department.

VAT
The property is elected for VAT.

LEGAL COSTS
Each party to bear their own legal costs.

SERVICE CHARGE
The rent is inclusive of refuse collection, cleaning of common areas, CCTV, buildings insurance and external maintenance and repairs of the building. The rent excludes internal repairs and decoration, electricity, water, broadband, phone lines and business rates.

PARKING NOTES
2 allocated car parking spaces.

OTHER
Administration Fee
Upon Heads of Terms being agreed and prior to Solicitors being instructed, the prospective tenant is to pay an administrative fee of £250 plus VAT to Nicholas Percival Ltd. This fee will cover all associated administrative costs including any referencing fees incurred.

Anti-Money Laundering Regulations
Anti-Money Laundering Regulations (AML): Anti-Money Laundering Regulations require Nicholas Percival to formally verify all tenants.

EPC
Unit 101 has an EPC rating of D (86).

In accordance with the Estate Agents Act 1979 we inform all interested parties that a member of staff from Nicholas Percival has an interest in Rosper Estates Limited, developers of this scheme.

VIEWING
Strictly by prior appointment with the sole Agents Nicholas Percival Ltd
FAO: Ollie Percival