The property comprises a double-fronted ground floor retail unit which is fitted with a UPVC shop front and motorised shutter. The internal finish includes a linoleum floor covering, painted and plastered walls and ceilings and inset lighting. The property is currently unheated. The demise includes a single WC and kitchenette to the rear. The property does currently have some stud partition internally which subdivides the sales area, and we are advised that our client is happy to consider internal alterations subject to them being of a non-structural nature and subject to them approving plans prior to any works being carried out.
( Agency Pilot Software ref: 1338 )
Location
The property is located fronting Chorley Road in Swinton, within a mixed use parade. The parade is approximately 0.2 miles from Swinton Square Shopping Centre, which includes occupiers such as Boots, Asda, Greggs, Costa and Betfred, however the immediate area is predominantly residentia
Accommodation
753 SQ FT (70M2 )
Terms
A new lease on effective full repairing and insuring terms for a term of years to be agreed at an annual rent of £10,800 exclusive. Alternatively, the long leasehold interest in the whole property (999 years from 25 December 1865; 841 years unexpired), to include the upstairs apartment, is available for £230,000 exclusive. The apartment is currently producing £8,700 per annum (£725.00 per calendar month).
A service charge may be levied by the Landlord as a contribution to maintain any common parts (predominantly the roof and external items). This will be payable on an adhoc basis subject to the Landlord providing evidence of the works being carried out.
The proportion payable by the tenant of the ground floor unit will be 50%, and will be capped at £500.00 per annum for the first 3 years of the lease. The property has a sub-meter for electricity
Specification
• Double fronted premises
• White box finish internally, ready for fitting out
• Small Business Rates Relief for qualifying occupiers
• Long-leasehold interest (841 years) also available, to include the income-producing apartment upstairs