Property description
A prominently positioned attractive lock up shop unit, trading as Café on the Cop, providing a sales area of approximately 422 Sq. Ft. (39.214 Sq. M.) with valuable A3 (Café) UseBusiness, Goodwill, Fixtures and Fittings £20,000. Rent: £12,000 per annum exclusive
Situation And Description
The property comprises of an attractive, well fitted ground floor lock up shop unit, providing a sales area of approximately 422 Sq. Ft. (39.214 Sq. M.) with rear lobby area and W.C., which trades as Cafe on the Cop. The property is situated fronting onto Wyle Cop, which serves as one of the main pedestrian and vehicular routes into Shrewsbury town centre. Wyle Cop offers a sought after trading location.Shrewsbury is the County town of Shropshire and is an administrative and tourist centre with a population of over 90,000 and a tourist and catchment area of approximately 200,000.
Rent
£12,000 per annum (twelve thousand pounds) exclusive, payable quarterly in advance by Standing Order.
VAT
All prices and figures quoted within these particulars are exclusive of VAT. It is understood that the property is not elected for VAT, however, this will be confirmed.
Legal Costs
Each party is to be responsible for their own legal costs in respect of this transaction.
Tenure
The propery has the benefit of the balance of a six year Lease from 7 August 2012, at a rental of £12,000 per annum. There is a tenant only break clause at the end of the third year, subject to six months prior written notice. A copy of the Lease is available from the Agents, the Lease is understood to be Internal Repairing.
Accommodation
Sales Area 422 Sq. Ft. (39.214 Sq. M.)Lobby 25 Sq. Ft. (2.267 Sq. M.)W.C.The accommodation includes a well fitted kitchen and server to the rear of the retail area.
Services
Prospective tenants should make their own enquiries regarding satisfactory connections of the services, but it is understood that mains water, electricity and drainage are connected to the property.
Consideration
The Business, Goodwill, Fixtures and Fittings are available at £20,000. Trading information will be provided to interested parties. A Schedule of Fixtures and Fittings will also be provided.
Rateable Values
Verbal enquiries were made to the Local Authority and we were advised as follows:Rateable Value: £8,100Rates payable: £3,450.60 per annum
Local Authority
Shropshire CouncilShirehallAbbey ForegateShrewsburyShropshireSY2 6NDT: 0345 678 9000
Planning
Viewing
Strictly by prior appointment.Contact Julian F. Spencer BSc. (Est. Man.) MRICS or Steve JakemanJulian Spencer Associates LimitedEstate House46a MardolShrewsburySY1 1PPT: 01743 297 297E-mail: julian@julianspencer.com
Image of kitchen