The subjects comprise a ground floor shop unit with timber display frontage and upstairs studio/showroom and storage.
An ambulant disabled toilet equipped with extractor fan ventilation low level W.C. & wash basin, situated at the rear of the shop.
No VAT on rent.
No rates payable to eligible SBBS tenant.
Location
The subjects occupy a good trading location within the pedestrian area to the east of the Callendar Square shopping centre, and currently is benefitting from the Councils initiative to develop and regenerate the East End. The position also benefits from the landscaping and upgrading that has taken place in recent years and a good pedestrian flow to the B & M Store to the west. The town has a resident population of approximately 40,000 persons with a total catchment in the order of 150,000.
Accommodation
Floor Area - Approximately 1950 sq. ft. (excluding toilet, stairwells and cupboard areas).
All measurements are approximate and should be checked by the prospective tenant.
First Floor: Showroom with slatwall shop fitting. Approx: 582 sq.ft. Gas central heating. Access to rear store and workshop.
Stores and workshop - Approx: 938 sq.ft. This area is included free of charge and not included in the rental calculation due to the water ingress and general condition of this section. It nonetheless can be useful storage space. The workshop area is dry and has gas central heating. There is a rear access to the premises from the stores which lead to a car parking yard to the rear.
Car Parking - There is provision for one car parking space in the yard to the rear of the premises.
Terms
Services - Electricity,gas and mains water supplies are laid onto the premises, drainage is to main sewer.
Lease - The property is to be let on a full repairing and insuring lease with three yearly rent reviews.
The rental is £10,000 year 1 & £11,000 year 2 and £12,000 year 3. Paid monthly or quarterly as requested.
Deposit - A deposit equivalent to one quarters rental is required.
V.A.T - V.A.T. is not chargeable on the rent
Rates - The premises have an RV less than £15k and would qualify for the Small Business Bonus Scheme. This means there would be no rates payable for an eligible tenant.
Legal Costs - In the usual manner the ingoing tenant will be responsible for the landlords legal costs.
Specification
- Roller security shutters.
- Gas central heating.
- Extractor fan ventilation in shop area.
- Slatwall shop fitting.