The premises are an end of terrace unit and are arranged on ground floor giving a total clear space of approximately 726 sq ft to include an office, a small kitchenette and WC. The premises are in a good decorative order, with wood flooring throughout, and positioned in an excellent trading location.
End of Terrace Retail Unit With Office, Small Kitchenette and WC in Excellent Trading Location
The premises are situated in South Street, close to the War Memorial roundabout which leads to Cornfield Road, and then to the main shopping thoroughfare of Terminus Road. The mainline railway station is within a short level walk.
£12,500 per annum exclusive of rates, service charge and all other outgoings relating to the premises.
According to the Valuation Office website the premises are described as:
Shop and premises
Rateable Value: £11,250
Payable for the year ending 31st March 2024 = £5,512.50
100% small business relief may be available subject to the status of the tenant. It is advised that you contact the Local Rating Authority for confirmation of the actual amount payable.
To be advised.
Each party is to be responsible for their own legal fees.
A new 5 year effective full repairing and insuring lease will be granted for a term to be negotiated.
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