Property Description

THE PROPERTY
Prominent corner property with large display windows to both High Street and New Road
South and west facing enjoying a light atmosphere
Highly visible location
Counter space at rear of the shop
Newly fitted kitchenette and W/C
EPC – B
Class Use E – Business.
Mains water, electricity and drainage are connected
The Rateable value is to be assessed (unit been split)

TERMS
A new tenant is sought for a period of 10 years, with rent reviews at 5 yearly intervals
Initial Rent: £30,000 pa payable quarterly in advance
Each party is to cover their own legal fees.
Bank, trade, accountants, and personal references will be required.
Full repairing and insuring lease with shared
responsibilities for the exterior with the residential property above (to include full responsibility for the windows and external door on the ground floor).

RESERVATION DEPOSIT
On agreeing to take a new lease the prospective lessee will be expected to pay a reservation deposit of £1,000 which will be refunded on completion.
Should however the prospective lessee withdraw from the transaction for any reason, or amend or alter the terms agreed such that the lessor withdraws from the transaction, then the lessor’s agents and solicitor’s abortive costs will be deducted from the deposit, and the balance, if any, will be refunded.

VIEWING
Strictly by appointment only with the sole letting agent