Property description
SITUATION
The subject property lies on the main retail pitch of High Street West close to a number of national occupiers and 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 West.
DESCRIPTION
The property comprises a two-storey brick built building with a pitched slate roof over.
ACCOMMODATION
The accommodation comprises:
Ground floor
44.06m²
(474.25ft²)
First floor
43.07m²
(463.60ft²)
Total
87.13m²
(937.85ft²)
TERMS
The property is available by way of a new FRI lease for a term of years to be agreed at a rental of £15,000 (Fifteen Thousand Pounds) per annum.
RATING ASSESSMENT
Description
RV
Estimated Rates Payable
Shop& Premises
£10,250
£4,827.75
We are advised that the rateable value of the premises as at 1 April 2010 is £10,250 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 :
- Town centre retail unit to let
- Prominently located on Front Street West
- Total size 87.13m² (937.85ft²)
- Within a densely populated area
- Awaiting EPC Rating