A self-contained lock up shop in the heart of Shipston, located on the main through road (A3400). The shop itself has its own front door with window display to the right hand side of this. Through the door is the open plan shop area which is 3.82 m wide tapering down to 2.5 m wide, there is a further area to the rear of the shop and from this area there is a lockable storage cupboard and a door leading to the common toilet area. The landlord is due to redecorate the walls to a neutral colour, clean the floor and make sure the lighting is working correctly. The unit is available as an empty shell and could be fitted out to individual's requirements at their cost. We feel the unit would be suitable for a multitude of retail uses including nail bar, hairdresses or general retail store. The unit has its own electric meter and the landlord recharges water at cost.
Location
The property is accessed off the A3400 Church Street which is the main through road through Shipston. Heading from the Strafford direction, the property is located on the right hand side just after the White Bear Inn and before the George Town House pub.
Accommodation
Gross Internal Area (GIA) is 358 sq ft (33.26 sq m).
Terms
Price:
£XXX per annum.
Tenure:
New lease available.
Service Charge:
To be confirmed.
Rateable Value:
To be confirmed. Source: www.voa.gov.uk
Rates Payable:
The rates payable are calculated as a multiplier of the rateable value. If the rateable value is £XXX or less, small businesses may be entitled to 100% rates relief providing the property is their only business premises. Any interested applicants should contant the local authority and verify the multiplier and check if any rates relief is available for their business.
Insurance:
Standard commercial terms are that the landlord insures the building and the tenant pays the landlord the cost of the buildings insurance annually. The tenant will be responsible for insuring their own stock, content and liabilities.
Legal Costs & Holding Deposit
Each party pays their own legal costs. The landlord may request a holding deposit of £XXX once terms are agreed this will be deducted off the first payment of rent.
Deposit:
The landlord may ask the tenant to provide a deposit, this is typically the equivalent of three months worth of rent but could change and is subject of the tenant’s financial status.
VAT:
Value Added Tax at the prevailing rate is applicable on all costs shown in these particulars apart from business rates.
EPC:
The Energy Performance Rating of the property is = E.
A full copy of this report is available from the agent’s office upon request.
Specification
- Selft Contained Lockup Shop
- Road Frontage Window Display
- Wood Effect Floors