The premises, comprising of a prominent double fronted traditional market town retail unit with self contained split level 2 bedroom apartment forming the upper parts. Situated on Market Square in the heart of the town with Lloyds Bank and Café Nero adjacent and a mix of multiple and independent traders and restaurants including Café Rouge and Pizza Express in the immediate vicinity.
Ground floor shop and basement
Approx measurements of 6 High Street are as follows:-
Plus two small storage rooms
53 sq ft
89 sq ft
Basement storage min
337 sq ft
Approx Retail Area 1104 sq ft (336.5m2)
Self contained flat forming the upper parts
The flat is arranged as a two bedroom self contained split level apartment offered in modern presentation with many character features and spacious rooms with pedestrian access from the rear. The accommodation comprises large living room, spacious ‘eat-in’ kitchen, utility room, two bedrooms, and two bathrooms (one en suite).
The ground floor shop and basement - 6 High Street is currently let to County Clothes LLP for a 20 year unbroken term commencing 03.12.14 at a current rent of £37,500 per annum. The lease is on an effective full repairing and insuring terms with five yearly upward only rent reviews.
The self contained split level flat - 6a High Street is currently vacant but was previously let to December 2016 at a rent of £1100 pcm.
Offers in the region of £ 925,000 for the freehold interest and subject to the existing tenancies, subject to contract.
We are advised that the premises is elected for VATand therefore VAT will be applied to the purchase price.
From Internet enquiries only, the business rates are as follows:-
The shop and basement from 2010 Rateable Value £34,250
The flat is listed as Council Tax Band D
Interested parties should verify this information and any transitional adjustments prior to entering into any contract.
Each party to bear their own legal costs in the transaction.
The commercial property – 6 High Street has a rating of C (67).
The residential flat – 6a High Street has a rating of D (61)
Viewing shall be by prior appointment only through:
JOINT SOLE AGENTS
Robinsons with Martin-Brown Crow Watkin
Telephone 01737 229200 Telephone 01737 245886