Opportunity to lease a ground floor retail unit of approximately 770 sq ft benefiting from rear access, an electric roller shutter and suspended ceiling. The property offers potential for a variety of different uses within use class E, subject to consent. Offered to let on an effectively full repairing and insuring basis.
DESCRIPTION -
Ground floor shop of approximately 770 sq ft comprising a front retail area with adjoining office, storage, kitchenette and toilet facilities. Benefits include an electric roller shutter, suspended ceiling and rear access.
LOCATION -
The shop is located within an established retail precinct known as The Square, Broad Street, Staple Hill. Nearby notable occupiers include Iceland, Tesco Metro and Greggs.
LEASE DETAILS -
The shop is available to let on a new full repairing and insuring basis. Each party to incur their own respective legal fees.
BUSINESS RATES -
The rateable value with effect from April 2023 is £10,000. We therefore would expect those eligible for small business relief to benefit from 100% exemption at this time. However, we advise all interested parties to confirm directly with the local authority.
ENERGY PERFORMANCE CERTIFICATE -
EPC rating: E (valid until February 2029)
FLOOR PLAN -
The floor plan is provided for indicative purposes only and should not be relied upon.
VAT -
We understand that the property has been elected to incur VAT and therefore VAT is applicable to the rent.
VIEWING -
By appointment with Maggs & Allen.
TENANT APPLICATION FEE -
The ingoing tenant will be charged an application fee of £300 plus VAT (£360 inc VAT) towards the costs incurred in undertaking appropriate credit and reference checks. Accounts will be requested where available and a deposit and/or personal guarantee may be required.
CONTROL OF ASBESTOS REGULATIONS -
As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and or management of any asbestos or asbestos related compounds contained at the property. Maggs & Allen has not tested or inspected for asbestos and therefore recommend all the interested parties to make their own enquiries.
CODE FOR LEASING BUSINESS PREMISES -
We advise all interested parties to refer to the RICS Code for Leasing Business Premises, link available via our website.
