The premises comprise an end of terrace lock-up shop within a purpose built block being one of two which form the precinct. The development is set behind a pedestrian forecourt beyond which is a service road, leading off Kinwarton Road, which provides on-street car parking directly outside the shops. The subject unit is immediately adjacent to Coral Bookmakers and other occupiers in the precinct include Tesco Express, butchers / greengrocers, pharmacy and fish and chip shop.
The retail area is rectangular with an internal width of 18’ 6” (5.65 metres), an internal shop front width of approximately 15’ 10” (4.83 metres) and shop depth of 38’ 11” (11.85 metres).The aluminium framed shop front has a matching glazed door to one side and external electric roller shutter. Internally, there is a solid floor with laminate covering and suspended ceiling with integral fluorescent lights.
At the rear of the shop are a kitchen / staff room, WC and basic store room with double door access from the rear of the terrace.
Location
The market town of Alcester is situated on the A46 between Stratford upon Avon and Redditch. The local road network provides access to a number of other centres including Worcester, Evesham, Warwick, Leamington Spa and Bromsgrove whilst the M40 Motorway is approximately eight miles distance.
Kinwarton Road is a short distance from the town centre which can be accessed via Henley Street and High Street. In the opposite direction it links with B4089 which leads to the north east of the area and connects with the A3400 at Wootton Wawen.
Accommodation
Retail area - 714 sq ft (66.03 sq m)
Kitchen / Staff room - 145 sq ft (13.48 sq m)
Store - 95 sq ft (8.85 sq m)
Terms
Sub Lease Terms - A new sub-lease will be granted outside the Security of Tenure provisions of the Landlord & Tenant Act 1954 for a term to be agreed. The sub-tenant will be responsible for internal repairs, maintenance and decoration and the upkeep of the shop front, doors and windows and plate glass insurance. A pro-rata contribution will be made towards the upkeep of the external parts of the property, the common parts of the development and the building insurance premium
Business Rates Under the Draft 2017 Rating List - Rateable Value £XXX
For occupiers who are able to claim Small Business Rate Relief, there may be an opportunity to obtain 100% relief. For further information, please liaise direct with the Rating Authority, Stratford Upon Avon District Council, on 01789 260993.
Rent - £XXX per annum payable quarterly in advance and exclusive of business rates and service charge and all other outgoings. VAT will be payable in addition.
Planning - Class A1 (retail). Any alternative uses will be subject to obtaining the necessary planning consent from the Local Authority and consent from both Coral Estates Limited and the freeholder of the block.
Legal Costs - Each party to be responsible for their own legal costs incurred in this matter. Any costs of the freeholder for granting consent to the underletting will be equally shared by Ladbrokes Coral and their new ingoing sub-tenant.