The subjects comprise a ground floor retail unit within a mid terraced, two storey and attic traditional building. To the front, the subjects benefit from a single glazed, aluminium framed retail frontage with a pedestrian entrance doorway of similar design. A signage fascia above completes the subjects to the front.
Internally, the subjects comprise retail accommodation which is predominately open plan in nature. The main retail area is finished throughout with laminate covered suspended timber flooring and painted plasterboard lined walls and ceilings. Artificial lighting is provided via fluorescent fitments mounted on tracks. A smaller retail space is situated to the rear, with this being similarly finished. The rearmost area is divided to provide a small store room and staff WC.
Location
The subjects are located on Chapel Street which is situated just south of Union Street. The premises therefore benefits from all city centre amenities whilst also having swift access to the local and national road network and the public transport system. Surrounding occupiers are a mixture of residential and retail users, largely local in nature. Other business on Chapel Street include Copper & Grey, Almondine and Tiger Lily Boutique.
Accommodation
40.51 sqm (436 sqft)
Terms
Rental The Detail £12,000 per annum exclusive of VAT and payable quarterly in advance.
Lease Terms The premises are available on the basis of a new lease of negotiable duration.
Price Offers over £135,000 are sought for our client’s interest in the subjects.
Rateable Value The subjects are currently entered into the Valuation Roll at a rateable value of £10,750. An ingoing occupier will have the opportunity to appeal this figure. In addition, rates relief may be available with further information available upon request.
Energy Performance Certificate The subjects have a current Energy Performance Certificate Rating of G. Further information and a recommendation report is available to seriously interested parties on request.
VAT All figures quoted are exclusive of VAT at the prevailing rate.
Legal Costs Each party will be responsible for their own legal costs incurred in the transaction. The ingoing purchaser/tenant will be responsible for any Land and Building Transaction Tax (LBTT) and Registration Dues, if applicable.
Specification
- Suitable for a variety of commercial uses
- Size: 40.51 sqm (436 sqft)
- 100% rates relief available to qualifying occupiers