LOCATION

The subject premises are situated within the prime pedestrianised retailing position of Market Hall Street and occupies a prominent position in the street near to H Samuel, Card Factory, 3 Mobile, Vodafone, Poundbakery, Greggs, New Look, JD Sports, Greggs, Shoe Zone, & Costa Coffee.

DESCRIPTION

The property comprises a large ground floor retail sales area extending to approximately 1,626 sq ft with large glazed frontage, and ancillary first floor storage and offices space amounting to 1,260 sq ft. The property benefits from a rear servicing area for loading to each floor.

SERVICES

It is believed that metered 3 phase electricity, water, and drainage is connected to the property.

The agent has not tested any apparatus, equipment, fixtures, fittings, or services and so cannot verify they are in working order or fit for their purpose.

FLOOR AREAS

The property comprises the following areas:

• Ground Floor Sales Area: 1,626 sq ft

• First floor storage and office: 1,260 sq ft

• Total: 2,886 sq ft (268 sq m)

LEASE TERMS

A new FRI type lease for a term of years to be agreed between the parties and incorporating upward only rent reviews.

RENTAL

£20,000 per annum exclusive.

All rentals etc are quotes exclusive of rates, water rates, service charge, VAT and all other outgoings, etc. Rental to be payable quarterly in advance.

SERVICE CHARGE

A variable charge is levied on the unit in order to cover the economic cost of the upkeep and maintenance and management, etc of common parts and facilities. Levied on a fair proportion basis.

LEGAL COSTS

Each party to pay for their own costs incurred in a transaction.

BUSINESS RATES

2023 Rateable Value: £44,500

POSSESSION

Full vacant possession will be offered upon completion of all legal formalities.

VAT

All rentals etc exclude the liability of VAT, which will be chargeable as an addition and at the appropriate rate prevailing.

EPC

D90