The premises are arranged as a lock-up shop unit with the benefit of a wc and small stockroom with rear access. The unit has been refurbished to a good standard internally with a new suspended ceiling, LED lighting, perimeter trunking with power/ducting and an air-conditioning cassette (not tested).
Location
The premises are situated in an excellent trading position within the Upper Town Centre. Wote Street is generally accepted as the most prime retail positon within the Upper Town Centre, providing direct access to the main link into the Festival Place Shopping Centre and the Upper Town Centre with pedestrian links to the main surface car parks and the Festival Place multi-storey car park. Nearby occupiers include Lloyds Bank, Subway, CEX Entertainment Exchange, Apple Nails, St Michael’s Hospice, Sue Rider, Greggs, Plush and the Sony Centre to name but a few. Potters Walk links Wote Street with Festival Place and Church Street and beyond.
Accommodation
Internal frontage 16’ 4” (5 m)
Shop built depth 31’ 5” (9.6 m)
Total retail NIA - 570 sq ft (53 sq m)
Terms
RENT/TERMS - £23,000 per annum exclusive on terms to be agreed, subject to contract.
A generous rent free period is available, subject to contract and covenant status/security.
LEASE TERMS - A new lease is available for a term to be agreed.
RATES 2017 Draft Valuation
Rateable value £18,500
Uniform Business Rate (2017/18) XXX/£
Rates Payable (estimated) £8,621
These figures are not to be relied upon and it is recommended interested parties should make their own enquiries with the Local Rating Authority, Basingstoke & Deane Borough Council on 012656 844844.
EPC - The property has an Energy Performance Rating of D-84.
LEGAL COSTS - Each party are to be responsible for their own legal costs involved in this transaction.