- Town centre shop in prime trading position.
- 206 Sq ft Retail
- 95 sq ft ancillary accommodation
- Available on new 10 year lease
Retail Property (High Street) for rent in Somerset
Town centre shop in prime trading position.
206 Sq ft Retail
95 sq ft ancillary accommodation
Available on new 10 year lease
1 The Parade occupies an excellent corner position in the town's principal shopping thoroughfare. Nearby national retailers include Costa, Specsavers, W H Smiths, Boots and Superdrug.
ACCOMMODATION
A prominently situated shop with ground floor retail accommodation and first floor storage as follows:
Internal width 12'6" (3.81 metres)
Shop depth 18'7" (5.66 metres)
Total sales 206 square feet (30.56 sq. metres)
First floor storage 95 sq ft (19.13 sq. metres)
First floor staff toilet
RATEABLE VALUE
£5,600 UBR, as of April 2024, 49.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure. Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.
THE LEASE
A new full repairing and insuring lease for a term of 10 years, subject to review at the end of the fifth year of the term.
VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.
LEGAL ADVICE
We strongly recommend that a tenant takes independent legal advice and instructs solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated.
PLANNING
It is the responsibility of the proposed tenant to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the tenant's responsibility.
LEASE TERMS
All leases are on full repair and insuring (FRI) terms unless otherwise stated.
Important information
This is not a Shared Ownership Property
Property Ref: 55707_COM240082_L
Similar Properties
Office | £6,500pa
Town centre lock-up shop next to the Co-Op. The premises offer around 275 sq ft of retail space plus rear hallway, kitch...
Simonsbath, Minehead, Somerset
Retail Property (High Street) | £6,500pa
Once in a lifetime opportunity to rent a shop at Simonsbath on Exmoor comprising of a new build modern unit of around 65...
Queen Street, Barnstaple, Devon
Office | £6,000pa
Lock-up premises close to the town Bus Station and Queen Street car park with one parking space.
North Road, South Molton, Devon
Office | £8,000pa
**STEP RENT INCENTIVE**Facing the main approach road into South Molton, next door to One Stop Stores, this is a lock-up...
Queens House, Queen Street, Barnstaple
Office | £8,000pa
**STEP RENT INCENTIVE**Town centre shop unit circa 558 sq ft with stock room circa 120 sq ft plus staff cloakroom and on...
Bear Street, Barnstaple, Devon
Office | £9,600pa
Brand new lease available. In a most convenient town centre location, this is a first floor suite of 4/5 modernised offi...
How much is your home worth?
Use our short form to request a valuation of your property.
Request a Valuation
©2024 The Guild of Property Professionals. All rights reserved.
Terms and Conditions |
Privacy Policy |
Cookie Policy |
Complaints Policy |
Members Login
The Guild of Property Professionals Trading Address: 121 Park Lane, London W1K 7AG. GPEA Limited.
Registered in England & Wales.
Company No: 02819824.
Registered Office Address: 2 St. Stephen's Court, St. Stephen's Road, Bournemouth, Dorset, England, BH2 6LA.
VAT Registration No: 576 8795 61
