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Extensive Ground Floor Retail Premises For Sale

Minehead, Somerset, UK
Asking Price:
£22,000
Turnover:
Not applicable
Net Profit:
Not applicable

Extensive ground-floor premises formerly fitted out and equipped as a banking hall, offering a variety of alternative uses subject to the necessary planning approval. The property occupies a prominent town centre position within this popular West Somerset holiday resort.

Property Information

Property:

Leasehold

Lease Terms:

New full repairing and insuring (FRI) lease for a term of years to be agreed at a rent of £22,000 per annum, plus service charge and insurance contribution. Incoming tenant subject to landlord approval, including proof of ID, three months’ bank statements, and trade/professional references.

Leasehold Rent:

£22,000 per annum per annum

Location:

Situated in Minehead town centre, a busy commercial location serving a resident population of approximately 12,000, which is significantly boosted by tourism throughout the year.

Premises Details:

Large ground-floor banking hall with ancillary accommodation.

VAT: The vendor has not opted to charge VAT
Energy Performance Rating: E
Viewing: Strictly by appointment through the selling agents

Size in square feet:
Approximately 1,826 sq ft in totalBanking hall: 1,257 sq ftAncillary accommodation: 569 sq ft
Planning Consent:

Subject to existing planning permission. Any change of use is the responsibility of the incoming tenant.

Energy Performance Rating:
E

Business Operation

Expansion Potential:

Potential for a variety of alternative commercial uses, subject to planning consent.