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Ground Floor Lock-up Shop For Sale

Minehead, Devon, UK
Asking Price:
£9,000
Turnover:
Not applicable
Net Profit:
Not applicable

This is a ground-floor lock-up shop of around 800 square feet in total, with a long frontage onto the main street facing through traffic flow.

LEGAL ADVICE
We strongly recommend that a tenant take independent legal advice and instruct solicitors to act on their behalf. Each party bears their own legal costs unless otherwise stated.

PLANNING
It is the responsibility of the proposed tenant 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 tenant’s responsibility.

LEASE TERMS
All leases are on full repair and insurance (FRI) terms, unless otherwise stated.

BUSINESS RATES
£6,700 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.
Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.

VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.

SERVICES AND UTILITIES
Mains electricity, water and drainage.
We encourage you to check, before viewing a property, the potential broadband speeds and mobile signal coverage. You can do so by visiting

Property Information

Property:

Leasehold

Lease Terms:

The landlord has engaged the services of Webbers Commercial to find a new tenant offering a brand new lease on FRI terms at a commencing rent of £9,000 per annum exclusive.

An incoming tenant will need to provide the usual bank and trade/professional references plus proof of ID and funds.

Leasehold Rent:

£9,000 per annum

Location:

Eye-catching location fronting onto the main eastern approach road into the town center with a good frontage and window display.

Minehead is a popular tourist resort in West Somerset with a population of around 12,000 inhabitants, which is boosted with tourists throughout the year.

Minehead offers the perfect destination for a family seaside holiday.

It has a wonderful long, flat sandy beach, a charming harbor, a bustling town with independent shops and cafes, and heritage attractions.

Just a short stroll from the seafront, you'll find Blenheim Gardens, Minehead's largest park.

Energy Performance Rating:
C