Ground floor retail unit spanning approximately 545 sq ft, located in a highly sought after area on St Michael's Hill, offering a prime position with excellent visibility and accessibility. The premises is arranged as a front shop area, storage, and toilet facilities. It also benefits from 2 parking spaces at the front. The premises would suit a variety of uses within use class E, subject to consent. Offered to let on a new full repairing and insuring basis.
DESCRIPTION -
This ground floor retail unit, spanning approximately 545 sq ft, features a front shop area, storage, and toilet facilities. It also benefits from 2 parking spaces at the front. The premises would suit a variety of uses within use class E, subject to consent.
LOCATION -
The property is ideally situated in a highly sought after area on St Michael's Hill, offering a prime position with excellent visibility and accessibility. It enjoys significant foot traffic throughout both the day and evening, making it an attractive choice for businesses.
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 £11,250. 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) -
EPC rating: C (valid until January 2030)
FLOOR PLAN -
The floor plan is provided for indicative purposes only and should not be relied upon.
VAT -
All figures quoted are exclusive of VAT unless otherwise stated.
VIEWINGS -
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 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.
