The unit is located on a busy location on King Street, directly in front of the main entrance to The Mall Shopping Centre. and is directly adjacent to Greggs and Starbucks, and opposite Costa Coffee and Claires Accessories.
The property is arranged over ground and first floor, and comprises the following approximate areas:
Ground Floor Sales | 608 sq ft | 56.5 sq m |
1 st Floor Storage | 529 sq ft | 49.15 sq m |
The property is held by way of an existing FRI lease, due to expire 2 nd Oct 2021, at a passing rental of £52,500 per annum exclusive.
Our client is prepared to offer an extended rent-free period to assign their lease, subject to status, or alternatively will consider a new sub-lease, to expire at the end of their lease, at £40,000 pax.
Rateable Value £39,500
Interested parties should contact the Local Authority to confirm this figure, and obtain the exact rates payable figure.
An EPC is available on request.
Unless otherwise stated all prices and rents are quoted exclusive of VAT. Any intending purchaser or lessee must satisfy themselves independently as to the incidence of VAT in respect of any transaction. Each party to be responsible for their own legal costs. Subject to contract.