Shop 2 is located in the reception area of the Civic Hall to the front left hand side as you enter the building. The shop has a glazed entrance door and a glazed window to the right. The shop has high ceilings, wood effect type floor, patio doors to the rear area behind the Civic Hall, a further sash window as well as modern overhead lights. The tenant pays a contribution towards electricity rather than electric being billed on a separate meter and the tenant also pays a proportion of the service charge based upon the floor area they occupy.
Location
Located on Rother Street in the heart of Stratford upon Avon with pedestrian access to the front of the building via the main entrance hall as well as rear access to the Rother Street carpark via a set of opening patio doors.
Accommodation
Gross Internal Area (GIA) is 287 sq ft (26.66 sq m).
Terms
Price - £7,800 per annum.
Tenure - New lease available.
Service Charge - £3,346.00 per annum payable.
Rateable Value - £3,800 source: www.voa.gov.uk.
Rates Payable - The rates payable are calculated as a multiplier of the rateable value. If the rateable value is £12,000 or less small business maybe entitle 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 annual cost of which is included in the service charge. 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 £1000 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 - An Energy Performance Certificate is not required as it is a listing building.
Specification
- Self Contained Shop/Office
- Period Features
- High Ceilings
- 287 sq ft (26.66 sq m)
- Central Location
- £7,800 pa + VAT