Shop for sale
Features and description
- Tenure: Freehold
- Town centre retail premises
- Ideal for a variety of uses, subject to any necessary planning consent
- Retail space circa 400 sq ft
- Kitchen plus store room of 215 sq ft
- Staff cloakroom
- Available with vacant possession
- Would suit an owner/occupier or investor
Within level walking distance of all town centre amenities in a street that faces the main vehicular traffic flow into the centre from the West, therefore being set in a convenient location.
The premises are opposite the junction of Friday Street and Quirk Street. Minehead is often referred to as the 'Gateway to Exmoor National Park' and has a population of about 14,000 which is boosted throughout the year with the influx of tourists who enjoy the beaches and staying at Butlin's Holiday Resort.
Nearby traders include an electrical shop, antique shop, hairdressers, fitted kitchen retailer and a toy/games retailer etc.
THE PREMISES
A ground floor double fronted shop premises offering about 400 sq ft of retail space plus access to a rear yard with two store rooms and a staff cloakroom.
The property is ideal for a variety of retail uses or even offices, subject to any necessary planning consent.
THE PROPOSAL
For sale with vacant possession the shop is ideal for an owner/occupier or investor.
In recent years it was a mobile phone shop and commanded a rent of around £8,400 per annum.
LEGAL ADVICE
We strongly recommend that a buyer takes independent legal advice and instructs solicitors to act on their behalf.
Each party bears their own legal costs unless otherwise stated.
PLANNING
It is the responsibility of the proposed buyer to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the buyer's responsibility.
From Webbers Minehead office turn left heading along Friday Street and the premises are about 100 yards along on the same side of the street.
Rooms
Ground Floor
Retail Space 5.03m x 3.96m
Further Retail Area 4.01m x 3.15m
WC
Store Rooms
Yard
SERVICES
Mains electricity, water and drainage. No gas. We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting
VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.
VIEWING
Strictly by appointment through the selling agents.
RATEABLE VALUE
£7,900 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.
Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.
WANT TO KNOW MORE?
We recognise that buying a property is a big commitment and, therefore, recommend that you visit the local authority website (contact the branch for details) and the following websites for more helpful information about the property and local area before proceeding.