Office Space and Light Industrial Units available to let
The Centre currently has a number of offices in the main
block and upper block available for let. These
range from individual offices from 250 sq feet upwards
to other areas which are currently divided into suites.
Initial rents will be negotiable. Our standard lease
agreement is for 5 years but with tenant friendly terms which
gives security to both parties while allowing easy out. We
feel this is prudent in the current economic climate.
The Centre currently has a number of offices available, for more
information on the size and location of the offices please contact
the Centre Manager Sandra Farrington on 01279 446441 or
email her on sandra.farrington@harlow.gov.uk
Standard Terms for Occupation at the Latton Bush
Centre
1. Rent
payable is based on £8.00 per square foot per annum
2. Service
charges based on £71.82 per square meter per annum for the main
block and £64.89 per square meter per annum for the business centre
units which are metered separately for electricity.
3. We offer
agreement periods of up to five years.
4. The
agreement is excluded from business tenancy statutory protection
(this means that you are giving up certain statutory rights.
We will provide a clear warning notice explaining the rights that
you are giving up).
5. Fully
comprehensive service charge clause (this means that the agreement
lists all the services you are entitled to receive in return for
the service charge payable)
6.
“Non-Assignable” this means you cannot sell or part with the
agreement to another party (be it another person or another legal
entity for example a limited company). This applies
even if that limited company is created by you and you
want your new limited company to pay your rent.
7. Tenant
friendly break clause (this means that following three months
continuous occupation you can break the agreement subject to
certain conditions)
We will require cleared funds in order to
proceed with a lease agreement.
If you operate as a Limited
Company
We will need full details of your company
name, registered address and copy documentation of your Memorandum
of Association and Articles of Association. Where possible,
we would like to see trading accounts.
We may ask for a rent deposit (this is a
cash deposit that will be held by us under a separately
identifiable code within our fully audited accounts system for the
up to whole time of the agreement period). As long as
the agreement terms are not broken by you, the deposit
together with interest will be returned to you at the end of the
agreement period.
If you trade as an individual or under a
“trading as” name, we may wish to seek both trade and bank
references
We may ask for a rent deposit (this is a
cash deposit that will be held by us under a separately
identifiable code within our fully audited accounts system for the
up to whole time of the agreement period). As long as the
agreement terms are not broken by you, the deposit together with
interest will be returned to you at the end of the agreement
period.
If you are a Registered
Charity
We will need details of your registered
charity name, charity number and copy documentation confirming your
aims, powers and objectives. We will need full details of
your trustees, and details of any limitation of liability.
Regardless of your type of operation; on or
prior to occupation, we will require that rent and service charges
for up to the first three months of occupation are paid fully.
On signing the agreement you will be
contractually obliged to pay a rent, service charge and insurance
in advance by way of direct debit. These payments are
separate from any business rates charged.
Because of the nature of the agreement, we
strongly advise you to seek independent legal advice.
Planning Permission
There may be planning issues where the use
of the space changes. This will mean that a planning
application must be made and determined before occupation and this
can take around 6 weeks. Taking occupation before the
decision is made would be at “tenants risk” and would not be
recommended. We will assist as much as possible with any
application by providing information regarding former
occupiers. But all tenants are ultimately responsible for
ensuring that there are no planning issues. Cost of planning
application is £295.00
Legal Fees
Our fees will be waived for the first 4
hours of work undertaken, thereafter a % charge will be made up to
a maximum of £500 for non-contentious issues.