Frequently asked questions
Who is eligible?
Small businesses & start-up businesses aimed at job creation, improved local opportunities, growth allowing everyone to start well, live well and age well through healthy sustainable buildings, working towards a net zero economy and jobs paying at least the Real Living Wage.
What are the likely uses?
Aimed at offices and workshops. This may be suitable for research and development, tourism, innovation, professionals, renewable/green, digital or training, to name but a few sectors.
How will the units be let?
A long term lease with minimum 24 month term. Start-up businesses will receive preferential rates for years 1 & 2. The units will be let by DAD Property Ltd. An advance payment will be required equal to 1 months rent.
What will the units cost per month?
Units 1-6 £1,100 + VAT per calendar month
Unit 7 £1,645+ VAT per calendar month
The above includes a management company fee for maintenance of the buildings, hard & soft landscaped areas.
Electricity will be metered and charged separately with a reduced tariff due to on-site generation. Internet to be arranged separately by individual tenants.
What will business rates cost?
If you have one property only and a rateable value of less than £15,000 you can get small business rate relief. This equates to 100% relief for a rateable value up to £12,000 and for £12,000 - £14,999 it will reduce on a sliding scale from 100% to 0%.
Can we sublet all or part of the space?
With prior agreement.
When will they be available?
Units will be available from April 2025, but will be marketed prior.
Can units be combined?
Units 1-6 cannot be combined horizontally. Units 1-2 can be linked via staircase to Units 4-5. Units 7-8 can be combined.
How will units be handed over?
Units will be handed over un-furnished but will be ready-to-go with 2nd fix items included such as sanitaryware, kitchen, flooring, lighting and sockets.
Can we fit out to bespoke end-users requirements?
By negotiation, but will depend upon the length of lease agreed.
How will the site be maintained?
The buildings, hard and soft landscaping will be maintained by a management company.
How does the management company work?
This will be an independent company set-up to specifically manage the site. A management fee has been included within the monthly rental cost.
Will parking be allocated?
Units will have allocated parking and dedicated visitor parking.
Will there be cycle access to the Sustans-National Cycle Trail?
Yes, this scheme actively promotes Green Travel, the cycle network and footpaths provides superb accessibility with the added health benefits.
Will we receive cheaper electricity and how will it be charged?
Due to on-site generation electricity will be supplied to tenants at a reduced tariff via a meter to each unit.
Will buildings be run on 100% renewable energy?
Yes! Electrical energy will be provided by a 100% renewable energy supplier, coupled with on-site generation. The heating and hot water will be supplied via a ground source heat pump providing 450% efficiency. The buildings other low energy systems are designed to keep your energy consumption/costs to a minimum.
What is the largest vehicle that will be able to access the complex?
The site has been designed to accommodate fire engines and refuse vehicles and a 16-20 tonne delivery lorry (6-8 wheeler).
Will I have to have my own building and contents insurance?
You will only require Contents insurance as DAD Property Ltd will provide Buildings Insurance.
