The premises comprise a recently constructed retail unit on ground & 1st floors having the benefit of rear access and some limited car parking. The Landlords have indicated that they are prepared to consider installing a shop front.
Location
Situated in a busy High Street position on the corner of Ashley Avenue with the High Street, the B2064. Cheriton is a suburb of Folkestone and about 1.5 miles northwest of the town centre. The premises immediately adjoin Paddy Power and other occupiers close by include a CoOp, a post office, a pharmacy and Coral bookmakers, together with a wide variety of local retailers.
Accommodation
Ground floor - The premises are L-shaped.
Front section Internal width - 28’9” (8.8m)
Depth - 71’6” (21.8m)
2,056 sq ft (191.0 sq m)
Rear section - 21’3” x 26’3” (6.5m x 8.0m) 558 sq ft (51.8 sq m)
Alcove - 15’ x 8’9” (4.6m x 2.7m) 131 sq ft (12.2 sq m)
Total Overall Area - 2,745 sq ft (255.0 sq m)
Height to underside of beam - 9’9” (3.0m
4 large windows facing the High Street + basic shell fitout.
Concrete stairs leading to:
Ist Floor
Large landing.
Front section - 18’ x 49’6” (5.5m x 15.1m) + 11’ x 10’9” (3.4m x 3.3m)
1,009 sq ft (93.7 sq m)
Outside - Small rear service yard with parking & loading access.
Terms
TERMS - New 10 year lease on a normal full repairing and insuring basis with a review after 5 years.
RENT - £39,950 per annum exclusive of rates.
RATES - Local Authority: Folkestone & Hythe SBR (23/24): 49.9p
Rateable value : To be assessed
Incentives The Landlords is prepared to offer 1 year rent free to assist with fitting out.
VAT - Under the Finance Act 1989 VAT may be chargeable on the rental. It is recommended that a prospective tenant should make their own enquiries to establish whether or not VAT is chargeable prior to entering into an agreement.
SERVICES - The mention of any appliances and/or services in these details does not imply they are in full and efficient working order.