Retail property (high street) to rent
Property description & features
DESCRIPTION
An opportunity has arisen due to Vendor’s desire to retire from the specialist gift and jewellery business “Yin Yang”, which currently occupies the retail part of the prominent Grade II listed building. Situated in the heart of Glastonbury town centre.
The business, established for over 20 years, is also available for sale as a going concern, or interest is being invited on a new lease basis. The business and stock will be available by separate negotiation.
The first floor provides three good-sized owner-occupied consultation rooms/offices which could be included subject to negotiation. There is access via the Mews to the upper floors.
The entire building is also available for sale freehold, to include flat over and all ancillary rooms/units.
SERVICES
We understand that the Property is connected to mains electricity, water, and drainage. Interested parties must satisfy themselves.
TERMS
• Flexible on lease term duration
• Tenant breaks and upward-only reviews at sensible intervals (i.e. 3 or 5 yearly patterns)
• Service Charge details TBC
• Lease to be Contracted Out (i.e. no automatic right to renew at lease expiry)
• Tenant to contribute towards Landlord’s proper and reasonable legal costs. Minimum contribution of £500 + VAT.
• Deposit subject to references/credit checks
OUTGOINGS
Currently rated as the ground and first floor. Rateable Value £19,000. Not rates payable and will need updating with the VOA.
VAT
VAT is not payable on the rent.
PLANNING
Interested parties should rely on their own enquiries with the local planning authority. Grade II listed building. Conservation Area.
VIEWING
By appointment only through the sole agents.
Cooper and Tanner Commercial Department
Tel.[use Contact Agent Button]
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Property reference 101148033817. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Cooper & Tanner - Commercial.
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Broadband availability and predicted speed: obtained from Ofcom on March 4, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on March 4, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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