Residential Lettings
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- Information for Tenants
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This ‘E’ class unit is situated within a terrace of similar two storey brick built premises under a tiled roof and flat roofs to the rear together with street bay parking serving the whole parade. Currently the ground floor is arranged as an electrical appliance showroom with ancillary kitchen and WC who will remain in occupation under their current lease until 30.4.24 when due to the owners retirement they will vacate.
Front retail area
Depth
Width
859 sq ft
58’4”
15’10”
(79.81m2)
( 17.78 m)
(4.82 m)
Total Retail Area approximately 850 sq ft ( 79.81m2)
RENTAL
£18,000 per annum exclusive.
The premises are also available for sale on a long leasehold basis at £300,000. Separate details are available.
We understand that the premises is not elected for VAT. All rents, prices and premiums are stated exclusive of VAT under the Finance Act 1989.
THE LEASE
A new lease is being offered for a term and rent review pattern to be agreed on a full repairing and insuring basis.
LEGAL COSTS
Each party to be responsible for their own legal costs in the transaction.
From April 2024 after the current Tenants depart.
BUSINESS RATES
From internet enquiries only the business rate assessment is as follows:
Rateable Value £11,750
Uniform Business Rate £0.49.9 (1 April 2023 to March 2024)
Interested parties should verify this information and any transitional adjustments prior to entering into any contract.
The premises have a valid rating of C(55) valid until 8.3.33.
Strictly by prior appointment only through sole agents: