Shop to rent
Property description & features
- Former HSBC Banking Hall
- Ground floor available to rent
- Next to a Wetherspoons Pub
- Ideal conversion for catering use subject to planning permission
- In the very heart of Minehead
- Offers invited on asking rent £37,000 per annum
- New lease terms available
- The owners may consider selling the freehold of the whole building
Extensive ground floor premises formally fitted out and equipped as a banking hall but with a variety of alternative uses (subject to planning approval). The property is situated in a prominent town centre position. Minehead is a popular West Somerset holiday resort with a busy commercial centre and a host of local shops and services with a resident population of around 12,000. As presently arranged, the property comprises a large banking hall of 1,257 sq ft of accommodation together with ancillary accommodation of 569 sq ft.
TENURE
The property is offered on the basis of new full repairing and insuring lease for a term of years to be agreed at a rental of £37,000 per annum plus service charge and insurance contribution. An incoming tenant will need to supply the usual proof of ID, 3 months bank statements and trade/professional references for Landlord's approval.
UNIFORM BUSINESS RATEABLE VALUE
£25,750 UBR, as of 2023, 49.9p 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
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.
LEGAL ADVICE
We strongly recommend that a tenant 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 tenant 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 tenant’s responsibility.
LEASE TERMS
All leases are on full repair and insuring (FRI) terms unless otherwise stated.
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Property reference MIN240205_L. 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 Webbers - Minehead.
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
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Amber: Two bars, may experience problems with connectivity
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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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