The ground floor shop forms part of a mixed use building incorporating residential, office, retail and leisure uses. The premises is fitted out with kitchen equipment and extraction, and otherwise ready for an occupier’s cosmetic finishes.
( Agency Pilot Software Ref: 172 )
Location
Formerly occupied by Spice Box, the property is located on the principal High Street next to The Squirrel Brewing Co beer tasting and bottle shop, in the same block as HSBC, close to, and on the same side of the road as Marks & Spencer Simply Foods, Robert Dyas, WH Smith and Waitrose supermarket. The pedestrian entrance/exit to the main public shopping car park is opposite as well as occupiers such as Fat Face, Waterstones, Caffe Nero and Superdrug. Additional Pay & Display parking is located at the rear of the shop accessed to one side of the Laura Ashley unit off Woodside Road.
Accommodation
Approx net area of 875 sq ft plus WC
Terms
TERMS - A new lease is available on terms to be agreed at a rent of £22,000 per annum exclusive of building insurance, business rates, utilities, service charge and VAT. The lease is to be contracted out of the security of tenure provisions of the Landlord and Tenant Act 1954 Part II and will include a Landlord Break option in June 2022.
VAT - We understand VAT is payable on rental sums.
SERVICE CHARGE & SINKING FUND - The estimated service charge for year 1/1/19 to 31/12/19 is £610 + VAT. In addition a sinking fund sum of £76.20 + VAT.
BUILDING INSURANCE - Approx Building insurance premium for year 1/1/19 to 31/12/19 is approx. £444 + VAT
RATES - We understand the shop has a Rateable Value of £24,000. Approx rates payable for tax year 1/4/18 to 31/3/19: £11,520 From April 2019 we understand that significant discounts will apply reducing the payable amount by a third for that year and the following tax year. We recommend you check the rates payable with the Billing Authority at Chiltern District Council – 01494 729000. EPC Rating C (75)