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Description

The premises have prominent frontage to London Road North with ground floor, upper ground floor, lower ground floor and first floor retail areas.

Description: The premises have prominent frontage to London Road North with ground floor, upper ground floor, lower ground floor and first floor retail areas. There is a rear service access from Bon Marche to the rear ground floor loading bay and second floor ancillary space that has been equipped as a staff flat.

Accommodation: The premises comprise of the following:
Ground Floor Retail 14.28 sq m (154 sq ft)
Lower Ground Floor Retail 107.44 sq m (1,156 sq ft)
Upper Ground Floor Retail 108.12 sq m (1,164 sq ft)
First Floor Retail 131.50 sq m (1,415 sq ft)
Lower Ground Floor Stores 31.09 sq m (335 sq ft)
Upper Ground Floor Loading Bay 6.08 sq m (65 sq ft)
Second Floor Ancillary 33.53 sq m (361 sq ft)
Total 432.04 sq m (4,650 sq ft)

Services: Mains three-phase electricity, gas, water and drainage connections. Gas fired boiler serves a pumped wet radiator heating system with electric ancillary devices. There are separate gender toilet facilities.

Rates: Rateable Value: £39,500

Planning Use: Retail Use – Use Class A1

Terms: New Lease for a minimum term of 15 years at an initial exclusive annual rent in the region of £45,000, subject to a lessees full repairing and insuring covenant and the receipt of satisfactory references.

Legal Costs: Each party to be responsible for their own legal costs. Prospective lessees are to enter into a binding undertaking to pay the lessors legal fees in the event of withdrawing from the transaction before completion.

Viewing: Strictly by appointment with the sole agents - Richard Perkins & Associates