Summary
The property comprises a self-contained ground floor retail premises with an open plan sales area and WC to the rear. The property is well presented throughout and has an attractive glazed frontage to Marston Road and would suit a wide range of retail, office or consultancy businesses.
Key Points
Ground floor retail unitSales area: 432 sq. ft.Main road frontage and edge of town centre locationVersatile property that would suit: retail/office/beauty/medical uses (STP)Modernised and well-presented property
VAT
The rent is not subject to VAT
Services
Mains electricity, water and drainage connected. The unit is separately metered for electricity and the tenant will be required to pay £300 pa for water which the landlord is
responsible for. Gas is not connected. Electric wall mounted panel heaters provide the heating. 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)
If you qualify for Small Business Rates Relief, you should be
entitled to a 100% rates payable exemption.
Tenure
The property is available 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. The tenant will be required to pay a 33%
contribution towards the cost of the building insurance policy that the landlord takes out.
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.
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.