Retail property (high street) to rent

LOCATION
The property is prominently located in the town centre of March on Nene Parade, just off the main retail street, Broad Street.

March is located approximately 19 miles east of Peterborough and approximately 32 miles north of Cambridge.

DESCRIPTION
A Ground Floor premises fronting onto Nene Parade and the river. The property extends to approximately 115.1sqm (Gross Internal Area) and currently comprises a Retail Area, Kitchen, Store Room with separate Male, Female and Disabled Toilets.

ACCOMMODATION
Retail Area 66.9 sqm (720 sqft)
Kitchen 21.3 sqm (229 sqft)
Store Room
Male, Female and Disabled Toilets

SERVICES
It is understood that the property benefits from mains gas, electricity, water and drainage.

TERMS
The property is offered To Let on a new Lease. The quoting rent is £13,000 per annum. The Lease will be on Internal Repairing & Insuring terms, the Tenant will also be responsible for insuring and maintaining the shop front, including the glass.

OUTGOINGS
Rateable Value (2017 - Present List): £8,000.00
Uniform Business Rates 2022/23: 49.9p in the £
Estimated Business Rates: £3,992.00

The property may be eligible for Small Business Rates Relief, prospective Tenants are advised to make their own enquiries of Fenland District Council.

VAT
It is understood that the property has not been elected for VAT.

LEGAL COSTS
The Tenant will be responsible for the Landlord's reasonable legal costs incurred in the preparation of the lease.

PLANNING
The last use at the property falls within Use Class E(b) "Sale of food and drink for consumption (mostly) on the premises" as defined by The Town and Country Planning (Use Classes) Order 1987 (As Amended).

Under The Town and Country Planning (General Permitted Development) (England) Order 2015 (As Amended) the property can be used for other uses as defined within Use Class E without the need for planning consent, these include retail use, provision of financial and professional services, indoor sport/recreation, provision of medical or health services and creche or nursery use.

VIEWING
Viewings strictly by appointment with the Agent.