The accommodation provides retail lock up shop at ground floor with shared WC at the rear of the unit. There is storage at the rear and first floor. This was formerly used as a barbers and therefore benefits from A1 planning consent.
( Agency Pilot Software ref: 11489 )
Location
Arlesey is one of Central Bedfordshire’s growth towns, situated to the north west of Letchworth Garden City, with a population of approximately 5,000 inhabitants. It has a good selection of shops, a post office, public houses, lower school within the village and upper school close by on the road between Arlesey and Stotfold. Arlesey has its own mainline railway station at the northern end of the town, known as Church End. This provides a train service direct to London Kings Cross. Local buses are available and the main road through the village links to the A507 to the north, providing access to both the A1 and M1. Planned residential development will provide approx. 3,000 additional houses in the period from 2015 – 2035 with development already commenced to the west of the High Street.
Accommodation
Ground Floor Retail area 250 sq ft (23.2 sq m)
Store area 327 sq ft (30.4 sq m)
First Floor Storage 239 sq ft (22.2 sq m)
Total Total net useable area 816 sq ft (75.8 sq m)
Terms
Tenure Our clients are able to offer a new full repairing and insuring lease for a term to be agreed. Landlord’s Redevelopment Break Clause A new lease will have a Landlord’s Redevelopment Break clause to accommodate the new commercial units being provided on the High Street.
Further details on application
Rental £XXX per annum.
Service Charge There will be a £XXX annual charge to cover costs of sinking fund and a fair contribution to building fabric repairs.
Buildings Insurance The tenant will be responsible for a fair proportion of the building insurance premium for the property, which will be paid by the landlord and recoverable from the tenant. The current premium is £XXX per annum.
Rates We understand from the Valuation Office Agency website (www.voa.gov.uk) that the rateable values are: Ground Floor- £XXX First Floor – £XXX The UBR for 2022/2023 is XXX in the £XXX
Rates payable may be subject to transitional arrangements and/or small business relief, which should be verified with the Charging Authority. Assessments may be subject to appeal.
Energy Performance Certificate (EPC) The Energy Performance Asset rating is E-111. Certificate number: 0290-2229-0320-3880-4020.
VAT VAT is not applicable in this case.