***TRIPLE FRONTED RETAIL PREMISES***
Attractive retail premises spanning over 40ft and most recently occupied by one tenant. The property boasts just over 1,200sqft in retail, office and storage areas and would make a great investment with an anticipated income of �16,000 per annum. Further benefits include multiple front doors providing the option to split the units. The property is also advertised to let.
Description - Triple front retail unit of approximately 1,290sqft currently arranged as a main sales area with additional office and stores. The property would suit an ongoing retail use given the fantastic retail frontage. There is on street permit parking to the front (30 minutes free).
Location - Situated within close proximity to Cabot Circus, just off the main route into the City (West Street/Old Market Street) offering a busy central location. The property is located within a varied rank of shops, offices and eateries with notable nearby occupiers including Gardiner Haskins.
Tenure - We are informed the property will be offered for sale on a new long leasehold basis.
Planning - The property has been occupied by a retail tenant for a numbers of years and benefits from A1 consent. The property may suit alternate uses subject to obtaining the relevant consents.
Energy Performance Certificate - Ratings
Unit 5: C
Unit 7-7a: D
Floor Plan - The floor plan is provided for indicative purposes only and is not to be relied upon.
Vat - We are informed that VAT is not applicable to the property.
Business Rates - The rateable value as per the VOA website is �7,700. Interested parties are advised to contact the local authority to confirm their possible eligibility for small business rate relief.
Notes - The property is also available to let at �16,000 per annum.
Control Of Asbestos - 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.
Viewing - Strictly by appointment with Maggs & Allen.
Maggs & Allen use all reasonable endeavors to supply accurate property information in line with the Consumer Protection from Unfair Trading Regulations 2008. These property details do not constitute any part of the offer or contract and all measurements are approximate.
It should not be assumed that this property has all the necessary Planning, Building Regulation or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide angle lens.
Any site and floor plans provided are for indicative purposes only and should not be relied upon.