Locally renowned retail premises presently trading as "Regalia" selling a selection of bridal and formal women's fashions and offered for sale due to the pending retirement of the current owners. Tastefully modernised interally incorporating 2 separate retail areas, 2 integral changing cubicles and adjacent kitchen/store faciliies, the unit provides extensive window display frontage to both Church Street and Academy Street. The accommodation provides excellent space for a wide range of retail users.
Location
Enjoying the benefit of an extremely prominent central commercial location within the Church Street shopping precinct, the unit is situated close to extensive town centre car parking faciliies and the main business areas of the town. The excellent return frontage means that the property is ideally placed to attract a high proportion of both local and passing trade.
Accommodation
The internal accommodation comprises the following:
- Retail area 1
- Retail area 2
- Hall
- Store
- Kitchen
The approximate net internal floor areas are as follows:-
Retail area 1 approx 43.22 sq.m. (465 sq.ft.)
Retail area 2 approx 19.96 sq.m. (215 sq.ft.)
Hall etc approx. 11.60 sq.m. (125 sq.ft.)
Terms
Services
Mains drainage, water and electricity supplies are laid on to the property. Heating is provided by plug-in electric units.
Rating Assessment
The subjects are currently entered in the Valuation Roll as follows:-
NAV/RV £XXX
Energy Performance Certificate (EPC)
A copy of the EPC will be made available upon request.
Business
No formal offers are sought in respect of the existing longstanding business but our clients would be prepared to consider disposal of the trading name together with existing fixtures and fittings etc. by separate negotiation.
Notes
1. The current occupiers presently utilise toilet accommodation located within the adjacent 1st floor flat and it is anticipated that incoming purchasers will convert the kitchen area back to its former use as a toilet compartment.
2. The owners of the adjacent retail unit at No 44 have a right of access via the rear premises to their nearby toilet accommodation.
3. We understand that the adjacent self-contained flat over will be separately offered to the market approx. one year hence.
Price
Offers in excess of £XXX are invited.
Value Added Tax
All prices, rents and premiums, where quoted, are exclusive of VAT. Prospective purchasers/lessees are advised to satisfy themselves independently as to the incidence of Value Added Tax in respect of this transaction.
Viewing and Further Information
Viewing is strictly by prior appointment.
Specification
- Tastefully modernised retail premises of character
- Prime corner commercial location
- Extensive return frontage display to Academy Street
- Two retail sales areas, adjacent kitchen/staff facilities
- Total area approx. 74.78 sq.m. (805 sq.ft.)
- Goodwill/business available by separate negotiation