Webbers Commercial are acting for the vendors in selling this large retail store.
The shop has an internal frontage of 22 feet which widens to 26 feet and an internal depth of about 80 feet.
In all around 1,939 square feet of retail space.
There is a stock room beyond and to the first floor three further store rooms and a staff cloakroom.
The rear ground floor has pedestrian access over a private car park but there is no parking on the property.
There are plans drawn up to convert the upper floors to residential subject to planning permission.
We are selling the freehold interest subject to a short-term lease.
In 2023 Webbers Commercial let the premises as a second-hand furniture store to a local retailer at a stepped rent.
The internal repairing and insuring lease is dated from the 27th of April 2023 for a period of three years with a tenant's break clause after 18 months.
Rent for year one £10,000 per annum, year two for £15,000 per annum and year three for £20,000 per annum.
A copy of the existing lease is available upon request to seriously interested parties.
The business is operating and trade is unaffected by this sale.
Development potential
There are plans available to convert part of the rear of the property to a 2 bedroom house and the upper floors to 2 residential 2 bedroom apartments.
Plans available for inspection with Webbers Commercial.
If interested, please contact the seller through the form on this page.
Information package available to all qualified Buyers upon a Non-Disclosure Agreement being executed.
VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.
SERVICES
All mains connected.
BUSINESS RATES
£33,000 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.
LEGAL ADVICE
We strongly recommend that a buyer takes independent legal advice and instructs solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated.
PLANNING
It is the responsibility of the proposed buyer to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the buyer’s responsibility.
