Property description
Located on the corner of Marine Parade and Regent Road, a prime seasonal position with a very high footfall. The unit is refurbished and ready to go with new flooring, decoration, electricals, exclusive WC and a front roller shutter. There is an easy start up law society lease arranged in just 7 working days.
Unit 1 - 47.5m2 (510 sq ft)
£9,500 per annum Refurbished shop unit with WC, new floor covering, roller shutter door to front.
Unit 2 - 41.61m2 (448 sq ft)
£8,500 per annum Refurbished shop unit with WC, new floor covering, roller shutter door to front.
Planning
The shop has A1 Retail use which also includes retail warehouses, post offices, ticket and travel agents, hairdressers, funeral director and undertakers, domestic hire shops, dry cleaners, sandwich bars - sandwiches or other cold food purchased and consumed off the premises, internet cafes and cyber cafes, all other uses would be acceptable subject to agreement and the need for planning consent.
Services
Mains water, electricity and drainage are believed to be connected.
Business Rates
2010 rateable value is to be confirmed.We assess the approximate value is:-Unit 1 - £9,400Unit 2 - £8,300The amount payable in the £ for 2015/16 is 0.48p.Small business rate relief - You can get small business rate relief if you only use one property and your property's rateable value is less than £12,000. You'll get 100% relief until 31 March 2017 for properties with a rateable value of £6,000 or less. This means you won't pay business rates on properties with a rateable value of £6,000 or less. The rate of relief will gradually decrease from 100% to 0% for properties with a rateable value between £6,001 and £12,000.
Leases
Low cost quick Law Society Lease setup. The in-going tenant will pay £350 plus VAT for a lease setup including a photographic schedule.
Tenure
Leasehold
VAT
No VAT on rents.
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Property Features :
- Prime seasonal location
- Major seasonal footfall
- Opposite and close to all holiday trade attractions
- Easy start up lease
- Flexible seasonal terms