Business Summary

SITUATION AND DESCRIPTION

The property is situated close to the Lansdowne roundabout in an established secondary trading area on the edge of the town center that caters for the offices workers from the central business district as well as the numerous students from the University and College

The property comprises a recently refurbished lock up shop suitable for retail or office uses only.

ACCOMMODATION

Shop Width: 18’05” (5.61m)
Shop Depth: 33’10” (10.31m) max.

Retail sales Area: 358 sq.ft. (33.2 sq.m.) approx..
Ancillary Area: 155 sq.ft. (14.4 sq.m.) approx..
Lower Sales: 400 sq.ft. (37.17 sq.m.) approx..

Gross Floor Area: 912 sq.ft. (84.77 sq.m.) approx..

The landlord will install a new cloakroom and kitchenette within the ancillary floor area and provide new electric sockets to match the incoming tenants requirements

RATEABLE VALUE - £7,500 (previously £5,600)

U.B.R. 2013/2014: Payable; 46.2% (if eligible for small rate relief), otherwise 47.1%

Interested parties should enquire of the local Rating Authority as to the implications of the phasing arrangements on the amount of rates actually payable. Parties should also make enquiries concerning the implications of the small business allowance.

PLANNING

Class A1 retail sales or A2 office use.

No Catering

TENURE

The premises are available by way of a new lease with terms to be negotiated at a commencing rental of £12,500 p.a.

LEGAL FEES

The incoming tenant will be responsible for their own legal fees.

VIEWING AND FURTHER DETAILS

By arrangement with Ellis and Partners through whom all negotiations are to be conducted.

Tel: 01202 551821
Website: www.ellis-partners.co.uk

Property Details

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