Comprising of a modern ground floor lock up shop. Inside the property has been divided into a front shop of mainly clear space, with a small cupboard and basement access. The centre of the shop has an internal room and the rear part of the shop contains kitchen, two WCs and a long storage area with rear fire access.
Location
The property is situated on the south side of High Street midway between the junctions of Wellington Street and Station Road and being directly opposite the High Street multi storey car park. The property is positioned two doors from the entrance to the Galleries Shopping Centre and next door Frankies Café.
Accommodation
Gross Frontage - 5.00 mts
Nett Frontage - 4.60 mts
Shop Depth - 21.49 mts
Ground Floor Shop Area - 117.00 sq mts (1,250 sq ft)
Basement Storage - 51.41 sq mts (553 sq ft)
Total Floor Area - 168.41 sq mts (1,813 sq ft)
Terms
LEASE
The property is offered by way of a new 10 year full repairing and insuring lease and subject to an upward only open market rent reviews at the fifth year of the term. Note: The basement will be excluded from the lease as it is damp, however the tenant may have free use of this during the tenancy but at their own risk.
RENT
£18,000 per annum exclusive of rates, building insurance, service charges and if applicable VAT.
RATES
We are verbally informed by Rushmoor Borough Council that the premises are assessed for commercial rates of £7,000. Rate in £ XXX (2014/15).
Rates payable £3,367 and subject to small business rate relief via Rushmoor Borough Council.
LEGAL COSTS
Each party is to be responsible for their own legal costs incurred in connection with the preparation of the new the lease.
Specification
- Suspended Acoustic Tiled Ceiling
- Recarpeted throughout
- Category 2 Lighting
- Redecorated throughout
- Kitchen Facilities
- Night Storage heating