The premises forms a ground floor retail shop on a prominent High Street position close to Pump Corner opposite Costa Coffee, Sainsbury’s and NatWest bank. The fully glazed shopfront with deep facia for signage is ideal for retail use and has operated as a shoe shop for many years. The retail area leads to an ancillary store/office/ kitchen to the rear and WC plus basement access by floor trapdoor.
Retail area 37.99 sq m (409 sq ft)
Rear Store/WC area 7.06 sq m (76 sq ft)
Internal width approx. 4.42 m (14’6)
£17,000 per annum exclusive.
April/May 2020 after expiry of the current lease.
We are advised that the premises is not elected for VAT at present.
A new lease to be granted for a term and rent review pattern to be agreed on an equivalent full repairing and insuring basis from April/May 2020.
Each party are to bear their own legal costs in the transaction.
From internet enquiries only the business rate assessment is as follows:
Rateable Value £15,000
Uniform Business Rates £0.504 (April 2019 – March 2020)
Interested parties should verify this information and any transitional adjustments prior to entering into any contract.
An EPC is available for this property. It has been rated C (73). A full copy of the EPC is available upon request.
Strictly by appointment with the Landlord’s Sole Agents Robinsons telephone 01306 884685.