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Location
The property is situated in Stoats Nest Road (B2030) approximately quarter of a mile from the junction with the Brighton Road (A23). Smitham and Reedham Stations are approximately half a mile and one mile respectively from the property and bus services operate along Stoats Nest Road.
Accommodation
The shop is currently fitted out as a hair and beauty salon with an office/treatment room, kitchen, wc and shower to the rear. The forecourt to the front of the shop has space for two cars and there is free on street car parking in Stoats Nest Road and adjoining streets.
The property has the following approximate dimensions
:Internal Width 5.63m (18’6)
Retail area 44.1 sq m (475 sq ft)
Kitchen 5.04 sq m ( 54 sq ft)
Terms
Leasehold: The ground floor shop is available to let on a new full repairing and insuring lease for a term to be agreed at a rent of £8,500 per annum, subject to contract and VAT (if applicable).
Freehold: Alternatively the freehold of the entire property is available subject to the ground rent receivable in respect of the residential accommodation above which has been sold off on a long lease. The price required is £120,000 subject to contract and VAT (if applicable)
Energy Performance Certificate:
Available for inspection.
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Legal
Costs
Each party to pay their own legal costs incurred in this transaction.
Business Rates:
According to the Government website the property has a Rateable Value of £2,650. The UBR for 2011/12 is 42.6p in the £.
Viewing
Strictly by appointment only with Sole Agents
Gildersleve and Payne. Contact Peter Gildersleve
Tel: 01883
723888 email info@gpcommercial.co.uk
Property
Midescriptions Act 1991
Please note the agents have not
carried out a survey, have not made planning enquiries nor tested
any of the equipment, apparatus, fixtures, fittings, services or
land and are therefore not able to verify their condition, or
suitability for their purpose
Code of
Practice
Applicants should be aware that the code of
practice
on commercial leases in England and Wales
strongly
recommends you seek professional advice from
a
qualified Surveyor, Solicitor or Licenced Conveyencer
before
agreeing or signing a Business Tenancy
Agreement. The Code is
available through
professional institutions and trade
associations or
through the website www.leasingbusinesspremises.co.uk |
