Taking Care of Business: Studio Property

I managed to find good property (three railway arches) in a good location with parking available. It is suitable for a workshop and it is a large enough space to hold all the equipment. The photos available on the website aren't fantastic, it would also need to be renovated. I plan to ring up and ask for a floor plan and more information, which will allow us to plan out the design of the studio and progress further.

Property Information 

Arches 84-86 Railway Street, off Marsh Lane, Leeds, LS9 8HB 

Property Reference: LDS25310 

Town / City: Leeds 

Type: Light Industrial, Warehousing, Storage, Office 

Local Authority: Leeds City Council Size: 3,156 sq ft (293 sq m) 

Rent: £9,950 Per Annum + VAT (£830 per month) 

Available from: January 2015 Deposit: £2487.50

Location: 

The premises can be found at the top end of Railway Street, which is off Marsh Lane and Close to Quarry House (the large DSS building). Easy access can be obtained from the both the M1 &M621 Motorways and the Leeds Ring Road.

Description: 

The premises comprise of three, interconnecting and secure Arch units. Access is via Arch 85 through an electrically operated, steel roller shutter door, with integral pedestrian door. There are also three rhino posts in the pavement for added security. Arches 84 and 86 can be entered through two respective side arches leading from Arch 85. All three arches have a solid concrete floor, roof lining sheets, fluorescent lighting and ample power sockets. There is a three phase incoming electricity supply and also a toilet with wash hand basin and a small kitchenette unit within Arch 86. 

Key Details: 

● Secure Unit 

● Roller Shutter Door 

● 3 phase electric 

● Solutions Agreement 

● Flexible Terms Property Agreement

This is a three year tenancy agreement, where both the Landlord and tenant are able to serve six months notice to end the tenancy and where there is no automatic right to renew it on expiry. (This means that it is contracted-out of the security of tenure provisions of Sections 24-28 of the Landlord &Tenant Act 1954 Part ll). 

Insurance: 

The tenant is to pay the sum of £849 per annum in respect of a contribution to insurance.