The property comprises a period two storey premises of brick elevations supporting a mixture of pitched and flat roof surfaces predominantly arranged in open plan at ground floor together with a number of offices and welfare facilities at first floor. Previously used for retail/showroom purposes, the property would suit a variety of alternative uses to include office and/or consultancy use and there is also the prospect of converting the first floor into residential accommodation, subject to planning.
Location
The property forms part of an established terrace of mixed use commercial buildings in the pedestrianised town centre in a popular location close to a number of public car parks and is next door to Blacks Menswear. Limited on-street parking is also available fronting the premises.
Accommodation
Ground floor
Sales area: 426 sq ft
Kitchen: 53 sq ft
Storage: 258 sq ft
NIA: 737 sq ft
First floor:
Office 1: 115 sq ft
Office 2: 132 sq ft
Office 3: 93 sq ft
WCs: -
NIA: 340 sq ft
Total NIA: 1,077 sq ft
Terms
SERVICES - Mains electric, water and drainage connected. Electric wall mounted heaters provide heating. No services have been tested by the agents.
VAT - The sale price and rent is not subject to VAT.
TENURE - Available by way of a new full repairing and insuring lease for a term of years to be agreed, subject to rent reviews every three years and with each party bearing their own legal fees. Alternatively, the property is available freehold, subject to contract and with vacant possession upon completion.
PRICE - £150,000
RENT - £12,500 pax
BUSINESS RATES:
Rateable Value: £10,250
Rates Payable: £5,114.75 pa (23/24)
Note: If you qualify for Small Business Rates Relief you should be entitled to a 100% rates payable exemption.
ANTI MONEY LAUNDERING REGULATIONS - In accordance with the anti-money laundering regulations, two forms of identification will be required (e.g. photographic driving license, passport, utility bill) from the applicant and a credit check may also be required, the cost of which will be the responsibility of the applicant. Where appropriate we will also need to see proof of funds.
Specification
- Period retail/office premises extending to 1,077 sq ft
- Prominent town centre location with ground floor sales of 426 sq ft
- Rare freehold opportunity
- Would suit a wide range of commercial uses
- EPC: 75 (Band C)