The property comprises two new self-contained retail units fronting Station Road. The ground floor units each have glazed frontage, open plan retail area and WC facilities. Additionally there is a workshop/warehouse with secure yard unit to the rear accessed via a shared access lane from Station Road. The properties are available to let separately or as a whole.
Location
Yate is an established centre in South Gloucestershire, approx. 5 miles north of Junctions 18 and 19 of the M4 motorway with easy access to Bristol city centre via the Avon ring road and M32 The properties are located on Station Road, a high street and main route through Yate. Yate Town Centre is approximately one mile away and provides an extensive range of facilities with Yate railway station and the Park & Ride within walking distance.
Accommodation
Retail premises
Unit 11a 420 sq ft (39 sq m )
Unit 13a 413sq ft ( 38 sq m )
TOTAL 833sq ft ( 77sq m )
Terms
Planning We are advised that the retail units have planning consent for Class E use. The rear workshop/storage premises has consent for light industrial and distribution uses. Any occupier should make their own enquiries to the Planning Department of South Gloucestershire Council - Tel: 01454 868004 / www.southglos.gov.uk
Business Rates Interested parties should make their own enquiries to South Gloucestershire Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment. www.voa.gov.uk .
Energy Performance Certificate An EPC has been commissioned and will be available for inspection. Code for Leasing For the latest RICS advice on commercial property leasing, please consult the RICS Real Estate Code for Leasing 2020
Terms The properties are offered by way of new full repairing and insuring lease for a term of years to be negotiated to incorporate regular upward only rent reviews. The lease will be drafted outside the Security of Tenure provisions of the 1954 Landlord & Tenant Act. Consideration will be given to the letting of the properties separately with terms available upon request.
Rent £40,000 per annum exclusive of VAT.
Legal Costs Each party is to be responsible for their own legal costs.
References/Rental Deposits Financial and accountancy references may be sought from any prospective tenant prior to agreement.
Prospective tenants may be required to provide a rental deposit subject to the landlord’s discretion.
VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the rent price. We recommend that the prospective tenants establish the VAT implications before entering into any agreement.
AML A successful tenant will be required to provide relevant information to satisfy the AML requirements when Heads of Terms are agreed
Specification
- WC facilities
- Onsite parking