Retail property (high street) to rent
Property description & features
. Modern building extending to 4,365 sq ft with 2,345 sq ft of sales
. One of the most prominent locations in town next door to Lloyds
. New lease available
. Low first years rent
General Description - GENERAL DESCRIPTION
A double fronted retail premises with upper floors occupying
a prime location in the town centre. Although the ornate
frontage is of Georgian style, the property was originally
constructed in the 1980's and is steel framed with a
suspected concrete first floor and traditional brick and block
elevations. The ground floor sales area is arranged in open plan
and benefits from a suspended ceiling and recessed ceiling
mounted air conditioning units together with a double fronted
and dual accessed frontage. At first floor level are a range of
stock rooms together with kitchen and toilet facilities, with
further storage at second floor level (limited access and
unmeasured.
Rent at year 1 will be £30,000 and £33,000 in year 2 with a rent
review at the end of the third year.
Location - The property occupies a prime location in the pedestrianised
town centre, inn between Lloyds and the entrance to The
Roebuck Shopping Centre, which provides access to the
multistorey car park. Having an extensive and imposing
frontage to the High Street, the property is also highly visible
from the Ironmarket
Services - Mains water, electricity and drainage connected. Heating is via
air conditioning units. No services have been tested by the
agents.
Vat - The rent is not subject to VAT.
Tenure - Available by way of a new Full Repairing and Insuring lease for
a term of years to be agreed with rent reviews every three
years and with each party bearing their own legal costs.
Business Rates - Rateable Value: £42,250
Rates Payable: £21,082.pa (23/24)
Accommodation - Ground Floor
Sales area: 2,345 sq ft
First floor
Storage & Kitchen 2,020 sq ft
Total NIA: 2,475 sq ft
Anti Money Laundering Regulations - In accordance with the anti-money laundering regulations, two
forms of identification will be required (e.g. photographic
driving license, passport, utility bill) from the applicant and a
credit check may also be required, the cost of which will be the
responsibility of the applicant. Where appropriate we will also
need to see proof of funds.
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