Shop 1, The Royal Arcade, Broad Street, Pershore, Worcestershire, WR10 1AG
LOCATION
Originally the Royal Arcade development was a coaching inn known as The Royal Three Tuns Hotel and in recent years has been converted and further developed and provides a range of high quality shops together with office units and restaurant.
The Royal Arcade is positioned towards to the centre of Pershore at the junction of the High Street/Broad Street. Pershore being a busy route side market town, approximately 9 miles from Worcester; 7 miles from Evesham and within 8 miles of junction 7 of the M5 motorway.
The available unit occupies a prime prominent corner position on the outer side of the development and enjoys frontage to the main Bridge Street and High Street.
DESCRIPTION
The available shop unit is within the original part of the development and is approached from hardwood front entrance door with alongside window opening and presents open plan retail accommodation with WC accommodation.
The entire shop unit is at ground floor level, and benefits from additional display cabinet use within the entrance archway to The Royal Arcade.
SERVICES
Mains electricity, drainage, and water are connected to the property. The agents have not tested any apparatus on site and therefore cannot verify the condition.
FLOOR AREA
Total floor area: 610 Sq ft (56.67 Sq m)
RENTAL
£15,000 per annum.
Exclusive of service charge, building insurance, business rates, and all other outgoings.
LEASE TERMS
The premises will be available under a new repairing and insuring lease for a term to be agreed.
SERVICE CHARGE
A variable service charge is levied to cover the cost of external repairs, upkeep maintenance and management, etc of common parts and facilities. The charge is levied on a fair proportion basis.
POSSESSION
Full vacant possession will be offered to a new tenant upon completion of all legal formalities.
LEGAL COSTS
Each party will be responsible for their own legal costs incurred in the transaction.
BUSINESS RATES
2023 Rateable Value: £8,300
Up to 100% Small business rate relief may available subject to eligibility.
PLANNING
From verbal enquiries of the Local Planning Authority, it is understood that the property enjoys consent for retail use (Class E), although prospective tenants should make their own enquiries.
EPC
C74.
VAT
The property is not opted for Tax.
Notice and Conditions
White Rose Real Estates Ltd for themselves, for any joint Agents, the vendors or lessors give notice that these particulars have been prepared and are intended for general guidance of the prospective purchasers or lessees but do not constitute or form part of any offer or contract. All Information, descriptions, dimensions, references to permissions, use, occupation and other details is supplied in good faith and believed to be correct at the date of issue. The accuracy of such information cannot however be guaranteed and intending purchasers or lessees must rely on their own inspection, enquiries and survey. Neither the directors nor the staff of White Rose Real Estates Ltd or any joint Agent or sub Agent has authority to make or give any representations or warranties whatsoever in relation to the property.