Property description
SITUATION
The subject property lies on the main retail pitch of High Street East close to a number of national occupiers and nearby to the main entrance to The Forum Shopping Centre – the main covered scheme in the town.
The street provides a busy thoroughfare and the property benefits from being located adjacent to the zebra crossing allowing excellent movement from both sides of High Street East.
DESCRIPTION
The properties comprise ground floor retail units of traditional brick and block construction with large glass frontage.
ACCOMMODATION
The accommodation comprises;
34 High Street
34.7m²
373.5ft²
34a High Street
44.5m²
499.0ft²
TERMS
The properties are available by way of a new FRI lease for a term of years to be agreed at the below annual rent.
34 High Street
£7,200 per annum
34a High Street
£7,800 per annum
RATING ASSESSMENT
Description
RV
Estimated Rates Payable
34 High Street
£4,500
£2,119.50
34a High Street
£6,400
£3,014.40
We are advised that the rateable value of the premises as at 1 April 2010 is £4,500 and £6,400 respectively and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 47.1p in the pound. However, interested parties should confirm the current position with the Local Authority.
As a new occupier rights of appeal may exist against this assessment.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
VIEWING
For general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors.
Property Features :
- 2 x retail units to let
- Prominent located on Front Street East
- Potential to merge into one large unit
- From 34.7m² (373.5ft²) - 44.52m² (479.2ft²)
- EPC Ratings on request