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.
- Asking Price:
- £22,000
- Turnover:
- Not applicable
- Net Profit:
- Not applicable
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. Prospective tenants will be required to provide proof of identity, evidence of funds, two trade or professional references, and a CV for the Landlord’s approval. Where the lease is to be taken in a company name, personal guarantors will typically be required.
- 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 total Banking hall: 1,257 sq ft Ancillary 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.
