Lowman Way, Tiverton, Devon

Full Property Details

This is a purpose built office, extending to just over 98 sq. mts, which is situated in a high profile location next to McDonalds on the Tiverton Business Park.

The premises are arranged over two floors - the ground floor having a toilet and kitchenette. On, the first floor there is one large open plan office space.

Gas central heating and double glazing throughout.

The Rent - £12,000 per annum

Deposit - Equal to 3 months’ rent.

Lease Terms -The premises are available under a new 5 or 10 year full repairing and insuring lease.

Legal Fees - The tenant is to be responsible for their own legal fees plus the landlords fees up to a maximum of £1500.

Business Rates -
Offices, Current rateable value £6,900 pa
Parking Spaces, Current rateable value £400 pa.
Small Business Rate Relief may be applicable on these premises. For further information, please contact Mid Devon District Council, Business Rates Department on 01884 255 255.

Permitted Payments

As well as paying the rent, you may also be required to make the following permitted payments.

Before the tenancy starts (payable to Seddons Lettings ‘the Agent’)

Holding Deposit: 1 week’s rent

Deposit: 5 weeks’ rent

The holding deposit, the equivalent of one weeks rent, will be allocated to the first month’s rent once satisfactory references have been received. The holding deposit is non-refundable, if a tenant withdraws their application once referencing has commenced or, if misleading information is provided or information is withheld on the application form.

For full details of all permitted Tenant Fees payable when renting a property through Seddons please refer to the Scale of Tenant Fees available on Seddons website, office or on request. For further clarification before arranging a viewing please contact the lettings office dealing with the property.