The premises comprise a converted two storey end of terrace building which has been used for a number of years as a toy shop. Residential accommodation is on the upper floors which has its own access and is rented out separately.
The front section of the property is an L shape retail area which has a prominent frontage to Clarendon Street. The former workshop at the rear has been used for storage purpose beyond which is a further secure store or off street parking space with roller shutter access from Swan Street.
The retail area and rear storage / workshop can be separated by way of an internal roller shutter door (which provides additional security) and additional basic storage is available in the cellar.
The way in which the accommodation could be used is very flexible and the rear section would be ideally suited as a packing and distribution point for an online business.
Location
Clarendon Street is a busy main road running north to south leading from Lillington Road and connecting with Warwick Street and Willes Road.
Being one of the principal roads taking traffic into and out of the town centre each day, there are high volumes of passing trade and approximately 300 metres to the west is Parade, the main retail area for the town.
The immediate vicinity includes a number of businesses including a bicycle shop, hairdressers, kitchen design company, greengrocers, Post Office, takeaway, offices and residential.
Accommodation
Retail - 473 sq ft (43.90 sq m)
Corridor display area / storage - 163 sq ft (15.16 sq m)
Rear store / workshop - 400 sq ft (37.15 sq m)
Walk-In Store - 44 sq ft (4.05 sq m)
Garage / Additional Store - 236 sq ft (21.09 sq m)
Cellar - 487 sq ft (45.20 sq m)
Terms
Lease Terms - The accommodation is available to let from 1st June 2017 by way of a new lease for a term to be agreed.
The tenant will be responsible for internal repairs, maintenance and decoration as well as the shop front and the insurance of the plate glass. The landlord will look after the exterior of the building and recover any costs in this respect by way of proportional contribution which will also include the building insurance premium. The letting will be taken outside the Security of Tenure Provisions of the Landlord & Tenant Act 1954.
Rent - £15,000 per annum, exclusive of business rates, VAT and all other outgoings payable quarterly in advance.
VAT - VAT will NOT be charged on the rent but there will be provision to recover this on any elements of the service charge, where appropriate.
Specification
- Prominent position on busy street close to town centre
- Extensive accommodation and highly adaptable
- Time limited parking and potential garaging within premises