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Property
206
Features and description
- Town centre shop in prime trading position.
- 206 Sq ft Retail
- 95 sq ft ancillary accommodation
- Available on new 10 year lease
1 The Parade occupies an excellent corner position in the town's principal shopping thoroughfare. Nearby national retailers include Costa, Specsavers, W H Smiths, Boots and Superdrug.
ACCOMMODATION
A prominently situated shop with ground floor retail accommodation and first floor storage as follows:
Internal width 12'6" (3.81 metres)
Shop depth 18'7" (5.66 metres)
Total sales 206 square feet (30.56 sq. metres)
First floor storage 95 sq ft (19.13 sq. metres)
First floor staff toilet
RATEABLE VALUE
£5,600 UBR, as of April 2024, 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. Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.
THE LEASE
A new full repairing and insuring lease for a term of 10 years, subject to review at the end of the fifth year of the term.
VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.
ACCOMMODATION
A prominently situated shop with ground floor retail accommodation and first floor storage as follows:
Internal width 12'6" (3.81 metres)
Shop depth 18'7" (5.66 metres)
Total sales 206 square feet (30.56 sq. metres)
First floor storage 95 sq ft (19.13 sq. metres)
First floor staff toilet
RATEABLE VALUE
£5,600 UBR, as of April 2024, 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. Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.
THE LEASE
A new full repairing and insuring lease for a term of 10 years, subject to review at the end of the fifth year of the term.
VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.
Property information from this agent
About this agent
Established in 1924, Webbers estate agents are a national award-winning, independent estate agency, voted in the Top 3 estate agents in the UK for customer service in 2014. We have 16 West Country offices for residential sales & lettings in North Devon, West Somerset, Exmoor and Cornwall. Our exclusive Fine & Country marketing enables us to put our property in Park Lane, right in the heart of London, offering fabulous market exposure. In addition, with specialist departments for Commercial Property, Survey & Professional and New Homes, we deliver a comprehensive property service, with an enviable reputation as professionals in property. Minehead is often referred to as "The Gateway to Exmoor" and nestles on the West Somerset coastline of the Bristol Channel surrounded by the superb open countryside of the Exmoor National Park and the Brendon and Quantock Hills. The town has a population of around 10,000 and is made up predominantly of Victorian and Edwardian properties, popular 1930s houses and, during the 1970s a large number of bungalows were built to cater for the many people who retire to the area.