Summary
Prime Retail Unit within Portland Square Shopping Centre
Location
The property is located within the centre of Bakewell in the heart of the Peak District. Bakewell is a busy market town with an active shopping are particularly popular with tourists. It is estimated that Bakewell draws an estimated two million visitors annually. Bakewell is approximately 17 miles south west of Sheffield and 26 miles north of Derby.
The property is located on Water Street and part of the Portland Square Shopping Centre. The property benefits from excellent visibility from Granby Road. Nearby occupiers include Bakewell Pudding Factory, Rolys Fudge Pantry, Cheese and Wine Emporium - The Cheshire Cheese Company, Silvarious Bakewell as well as national names such as Boots, Co-op, and Holland & Barrett.
Description
The property comprises a ground floor retail premises within a larger stone built Portland Square Shopping Centre. The property benefits from a two doorway entrance onto Water Street and a rear entrance into Portland Square. The available accommodation internally consists of an retail space. The property benefits from electricity, water and drainage.
Accommodation
The premises provide the following approximate net internal areas:
Ground Floor Retail Premises: 361 Sq ft (33.54 Sq m)
Rateable Value
From information obtained from the Valuation Office Agency website the demises are rated as follows:-
Address: 8 Portland Square, Water Lane, Bakewell, Derbyshire, DE45 1EU
Description: Shop and premises
Rateable Value: £14,750
Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.
Lease Terms
The property is available by way of assignment at a current rent passing of £16,000 per annum. The lease is for a term of 5 years from 23rd December 2015, expiring 23rd December 2020. Alternatively we understand the landlord may consider proposals on the basis of a new lease agreement.
Prime location within Portland Square Shopping Centre, Bakewell
Ground floor retail accommodation which could be utilised for a variety of retail uses
High footfall location
Plentiful supply of public car parking in the vicinity
Listed Features
- Parking
- Shopping Centre
- Office
- General Retail
