Business Summary

SITUATION AND DESCRIPTION

The property is located in a parade of specialist shops and local traders who of which are in close proximity to the Local Post Office and The Kinson Hub (public library).

The property comprises a single fronted lock-up shop with a large forecourt to front and Kitchenette/WC to rear.

ACCOMMODATION

Shop Width 14’8” (4.50 m) approx..
Shop Depth 23’3” (7.10 m) average
Total retail area: 345 sq. ft. (31.95 sq.m.) approx

WC

RATEABLE VALUE - To Be Reassessed

With effect from 1st October 2010 to 1st April 2014 premises with rateable value 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 Use

Class A2 Office Use

Class A3 Restaurant/ Café Use
(Permitted Development - Temporary)

TENURE

The premises are available on a new lease with terms to be negotiated at a rental of £500 per calendar month.

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.

LEGAL FEES

The incoming tenant will be responsible for their own legal fees plus those of the Landlord if a new lease is required.

NB: An interest is declared under the Estate Agents Act 1979.

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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