The premises are situated in the busy retail thoroughfare of Stall Street, close to Southgate Shopping Centre. Nearby retailers include Marks & Spencer, Burtons, Carphone Warehouse and HMV.
The property provides a self-contained building arranged over ground and 3 upper floors.
This provides the following approximate net internal floor areas and dimensions:
Internal Width approx: 9.54 m (28 ft 10 ins)
Shop Depth: 17.87 m (54 ft 2 ins)
Ground Floor sales: 119 sq m (1,167 sq ft)
First Floor anc: 41.20 sq m (443 sq ft)
Second Floor anc: 57.10 sq m (615 sq ft)
Third Floor anc: 17.74 sq m (191 sq ft)
All measurements are approximate and measured in accordance with the relevant RICS Code of Measuring Practice
A new full repairing and insuring lease for a term of years to be agreed, subject to 4 yearly upward only rent reviews.
£150,000 per annum exclusive
According to the Valuation Office website the premises are assessed as follows:-Shop & Premises Rateable Value £164,000
Rates Payable 2015/16 £ 80,852
For verification purposes interested parties are advised to make their own enquiries on www.voa.gov.uk
Each party to bear their own costs.
Viewing & Further Information
Strictly by prior appointment with Roy Giles: 01225 477944 firstname.lastname@example.org
SUBJECT TO CONTRACT