Business Summary

SITUATION AND DESCRIPTION

The property is located in a parade of four shops between Kinson Road and School Lane opposite the new Kinson Library. The property comprises a mid terraced ground floor shop with off road parking at the rear.

The accommodation comprises ground floor shop with office/ stores behind leading to additional offices/ stores and kitchenette.

ACCOMMODATION

Shop
Width : 18’00” (5.48m)
Depth : 27’00” (8.22m)
Sales Area : 486 sq.ft. (45.15 sq.m.) approx

Office / Stores : 13’00” x 13’06” (3.96m x 4.11m)
Office / Stores 9’00” x 16’06” (2.74m x 5.02m)
Including kitchenette
Understairs
cupboard 2’10” x 10’06” (0.86m x 3.20m)
Outside WC

RATEABLE VALUE - £6,200 (previously £5,200)

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

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

TENURE

The ground floor shop only can be let on a new lease with terms to be negotiated at a rental of £7,000 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 £250 plus VAT for the preparation of the tenancy agreement.

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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