The subjects comprise a single storey end terrace retail unit consisting of blockwork walls under a flat felt roof. The unit also benefits from a return shop frontage visible from the main road. Internally, the unit is open plan in nature with ancillary toilet and sink facilities as well as a storage cupboard.
( Agency Pilot Software ref: 11744 )
Location
The Kiosk is located within Summerhill Court shopping centre near the junction of Summerhill Road and the Lang Stracht. It is located approximately 2 miles north-west of the City Centre and less than 0.2 miles from the city’s main ring road, Anderson Drive (A92), providing easy access to all parts of the city. Nearby occupiers include Farmfoods, William Hill, Summerhill Pharmacy, Autosave Components, Peter Vardy, Premier Inn, Toby Carvery and Papa John’s Pizza. The location is shown on the plan above which is provided for indicative purposes only.
Accommodation
26.93 sq m (289 sq ft)
Terms
Rateable Value: We are advised that the subjects are currently entered in the Valuation Roll with a NAV/RV of £5,600 effective from 1 April 2017. An incoming occupier could benefit from 100% rates relief for the duration of their lease if qualifying for the Small Business Bonus Scheme (SBBS)
. Lease Terms: The landlord is willing to consider flexible lease terms. Any medium to long-term lease terms will provide for periodic rent reviews. Rent: £6,000 per annum, exclusive of VAT and payable quarterly in advance.
Service Charge: It should be noted that any ingoing tenant will be liable for a service charge which totals approximately £700 per annum. Invoices are sent out quarterly.
Energy Performance Certificate (EPC): The subjects have an EPC Rating of G. A copy of the EPC and the Recommendation Report can be provided upon request.
VAT: All monies due under the lease will be VAT chargeable at the applicable rate.
Legal Costs: Each party will bear their own legal costs incurred in the transaction. The ingoing tenant will be responsible for LBTT and registration dues, where applicable.