Description

Rent: £120,000pa & Premium: £350,000

Great new rental opportunity. Currently being used as a sizable department store, this space consists of one large unit that may be divided into smaller units.

In addition to many other items, it sells carpets, bedding, plastic ware, furniture, groceries, curtains, haberdashery, cookware, and confectionery.

The units are in a fantastic position in an area that very popular for shopping, with many other retail establishments nearby and very brisk daily foot traffic.

There is a specialised furniture company that can create new, customised furniture upon request; business details are negotiable.

This retail space is fully furnished and available for rent.

EQUIPMENT INCLUDED

• Shutters for both front and back of the unit
• 2 x fire exits (3rd can be installed with permission)
• 2 x Entrance doorways (3rd can be installed with permission)
• Large front-facing windows     
• Gated external area at the back of the unit          

AREA SIZE:

Total Area m²/unit:

• Unit 1: 141.11 m2
• Unit 2 139.73 m2
• Unit 3: 280.97 m2  - L Shaped

Areas quoted are approximate and should not be held as 100% accurate. 

RENTAL TERMS

• Whole Unit
• Rent: £120,000.00
• Premium: £ 350,000 Good Will – negotiable
• VAT: Applicable
• Insurance: £1500  (this is a estimated cost)
• Lease: TBC

No Rent free period as the landlord will be redecorating the store so this will be let in a good clean condition

Unit 1: £50,000PA,

Unit 2: £45,000PA

Unit 3:  £65,000PA

BUSINESS RATES 

Rateable value: £94500.00

Base Rate: £300.00