The premises are situated on the eastern side of the town centre which is surrounded by mainly residential premises although the town centre itself is within a short level walk with its excellent retail facilities and mainline railway station.
The premises which for many years was used as a meeting hall. There is a main area, a small entrance hall, a kitchenette area and cloakroom/ WC.
A new full repairing and insuring lease on term to be agreed having periodic rent reviews.
Offers for the property on other lease terms will be considered. The landlord follows the 'Code of Practice for Commercial leases in England and Wales' in lease negotiations and applicants are encouraged to familiarise themselves with the code.
The commencing rental to be £6,500 per annum exclusive of rates and all other outgoings.
Each party is to be responsible for their own legal fees.
VAT is not chargeable on the terms quoted.
The current planning consent is for D1 use but the premises do lend themselves to a number of alternative uses.
Rates
According to the Valuation Office website the premises are described as follows:
Education centre and Premises
Rateable Value: £5,000
Payable for the year ending 31st March 2019 = £2,375
100% small business relief available, subject to the status of the tenant. It is advised that you contact the Local Rating Authority for confirmation of the actual amount payable.
• Fully Fitted Kitchen
• Lighting throughout
• Gas central heating
• Small courtyard area
Main Area 410 sq ft (38.08 sq m)
to be reassessed
For further information, email details or to arrange an inspection, please contact the agents:
Simon Hunt Mike Tingley
T: T: M: M: E: E:
Subject to contract mt/08/19