GENERAL DESCRIPTION
A period mid terrace retail premises briefly comprising an open plan sales area, to the rear of which is a kitchen, store and WC. To the rear of the sales area are stairs leading to an open plan storage/office area adjacent to which is a further office. The property has an attractive frontage with canopy over the plate glass display window and also benefits from an area of land to the rear of the property providing parking for two vehicles. With the open plan aspect, the property would suit a wide range of both retail and professional office orientated businesses.
BUSINESS OPPORTUNITY
The property has been occupied since 1985 by Rodney Densem Wines, a company with a longstanding and well-established reputation locally for selling wine and associated products, which has recently declared that they will be closing down shortly unless a buyer of the business can be found. As such anyone interested in continuing the business is encouraged to contact the agents for further information and the trading name and goodwill together with stock at valuation can be made available by way of separate agreement.
SERVICES
All mains services are available. Electric heaters installed. No services have been tested by the agents.
VAT
The sale price/rent is not subject to VAT.
BUSINESS RATES
Rateable Value: £16,000
Rates Payable: £7,984 pa (24/25)
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.
Location
LOCATION
The property has an attractive roadside frontage to Pillory Street and forms part of a popular parade of mixed-use commercial properties within 20 yards of the pedestrianised part of the town centre. There is on street parking along Pillory Street, close to the property and loading/unloading is easily facilitated as there are double yellow lines immediately outside the property.
Accommodation
ACCOMMODATION
Ground Floor First Floor Sales: 709 sq ft
Office 1: 271 sq ft
Kitchen: 30 sq ft
Office 2: 138 sq ft
Storage: 50 sq ft
WC: -
Total NIA: 1,198 sq ft
To the rear of the property and accessed off Barker Street is an area of land upon which two cars can be parked in tandem.
Terms
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 freehold is available, subject to contract and with vacant possession upon completion.
Specification
•Period retail property with ground floor sales extending to 709 sq ft
•Total NIA 1,198 sq ft together with two car parking spaces to the rear
•Main road frontage and town centre location adjacent to pedestrianised areas
•Forming part of a very popular parade of mixed-use commercial units
•Opportunity to acquire the long-established Rodney Densem Wines business
•EPC: 92 (Band D)