The property comprises a self-contained ground floor retail premises with an open plan sales area and stockroom to the rear, which is internally linked to the rear to a self-contained ground and first floor office premises. The rear office premises has its own address (The Croft, 24 Abbots Walk, ST16 3BN) and can either be let as one collective package or split, with each section being available at a rent of £6,000 pax. Both parts of the property are well presented and modernised throughout and would suit a wide range of uses, especially those businesses that require a degree of customer facing accommodation together with some private consultancy rooms, such as hair dressing with separate beauty treatment rooms.
Location
The property forms part of an established terrace of mixed use commercial and residential properties approximately ¼ of a mile to the north of the pedestrianised town centre. Marston Road is a one-way street and there is unrestricted street parking fronting the property. The A34 is within 500 yards of the property via Browning Street with Junction 14 of the M6 approx. 1.5 miles to the north.
Accommodation
16 Marston Road Ground floor: Sales area: 432 sq ft WC: (to be installed): - 24 Abbots Walk Ground floor: Office: 129 sq ft Kitchen: 16 sq ft WC: - First floor: Office: 197 sq ft Total NIA: 774 sq ft Note: If only the ground floor sales area (16 Marston Road) is required the two units can be let separately.
Terms
The property is available either as one or individually by way of a new Full Repairing and Insuring lease for a term of years to be agreed and with rent reviews every three years and with each arty bearing their own legal fees. Each part will also attract a 33% liability towards the cost of the building insurance policy that the landlord takes out.
Specification
VAT
The rent is not subject to VAT
EPCs
16 Marston Road: 66 (Band C) 24 Abbots Walk: 60 (Band C)
SERVICES Mains electricity, water and drainage connected. Each unit is separately metered for electricity. Each unit will pay £300 pa for water which the landlord is responsible for. Gas is not connected. Electric wall mounted panel heaters serve 16 Marston Road. There are electric heaters and two air con units serving 24 Abbots Way. No services have been tested by the agents.
BUSINESS RATES
16 Marston Road Rateable value: £4,850 Rates Payable: £2,420.15 pa (24/25) 24 Abbots Walk Rateable Value: £3,800 Rates Payable: £1896.20 pa (24/25)
If you qualify for Small Business Rates Relief, you should be entitled to a 100% rates payable exemption.
ANTI MONEY LAUNDERING REGULATIONS
In accordance with the anti-money laundering regulations, two forms of identification will be required (e.g. photographic driving license, passport, utility bill) from the applicant and a credit check may also be required, the cost of which will be the responsibility of the applicant. Where appropriate we will also need to see proof of funds.