Business Summary

SITUATION AND DESCRIPTION

Located in an established secondary trading position which is now frequented by various estate agents, lettings agents and other financial services. The majority of the occupiers nearby are local traders although there is a Tesco Express within the parade.

The premises comprises a lock up shop formerly used as an estate agents. The premises have Class A2 office consent.

ACCOMMODATION

Shop Width :17’00” (5.18m)
Shop Depth :18’00” (5.48m) average
Sales Area :306 sq.ft. (28.43 sq.m.) approx.
Kitchenette
Cloakroom

RATEABLE VALUE -£5,100

With effect from 1st October 2010 to 1st April 2015 premises with rateable values below £6,000 will receive 100% small business rate relief. (No rates paid)

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 or Class A2 office use.
No Catering.

TENURE

Available on a new lease with terms to be negotiated at a rental of £7,250 p.a.

Alternatively a new tenancy agreement for a term up to three years, prepared by Ellis and Partners is available. The incoming tenant will be expected to pay an administration fee of £300 plus VAT for the preparation of the tenancy agreement.

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

Other Business Details