Retail Property (high street) to rent

54 Hill Street, Wisbech

£15,000 pa

Property Description

Letting information:

Furnishing: Not Specified

Full description

LOCATION
The shop is in Wisbech Town Centre on the edge of the Horse Fair Shopping Centre with prominent visibility from the Hill Street carriageway and with adjacent short stay on street parking. The premises are within 50m of the principal national multiple shops, the Market Place and the Empire Theatre (bingo).

DESCRIPTION
Ground floor corner shop premises formerly used for A3/A5 (hot food take-away) with first floor (accessed by an external steel staircase) staffroom and extensive storage/ancillary space. Extensive Display Windows to Hill Street and Little Church Street.

Ground floor shop premises with first floor ancillary
A3/A5 (Hot Food Take-Away) Planning
Also suitable A1 (retail) or A2 (offices for visiting public)
Town Centre Location (adj to Horse Fair Shopping Centre)
Adjacent on street Parking
Lease to 31st July 2022
Walk in Fridge, Freezer and extraction equipment are included

ACCOMMODATION
The Shop has the following approximate dimensions and areas:
Ground Floor:
Maximum Internal Width: 9.62m

Maximum Depth: 17.47m

Male and Female WCs

Total Approximate Ground Floor Area: 128.07sq m (1,378 sq ft)

Note: The walk in fridge, freezer and extraction equipment are included

First Floor:
The First Floor (via external staircase) is currently divided to provide the following:

Staff Room: 2.34m ave x 3.99m max
With stainless steel sink. Electric convector low level wall heater.
Staff WC
Store: 3.12m x 3.15m overall

Large Store / Office: 8.96m x 7.32m overall

Total First Floor area: 91.17sq m (981 sq ft)

TERMS
The property is available on a sub-lease expiring in July 2022. The ingoing Tenant is to be responsible for all repairs, building insurance premiums, decorations and outgoings.

Important Note: The proposed lease will contain a restriction not to use the premises as a restaurant or food take-away outlet primarily for the sale of chicken or chicken on the bone products. The sale of chicken based items are not to exceed 25% of turnover.

Rent: £15,000 per annum payable by equal quarterly instalments in advance and being subject to review on 1st August 2012 and 1st August 2017.

OUTGOINGS
We note from the Valuation Office Agency Website that the property is assessed to a Rateable Value of £18,250. Rates payable 2010/11: £7,555.50. Intending occupiers must obtain independent confirmation before entering into a commitment.

VAT
The above terms are quoted net of v.a.t. if applicable.

LEGAL COSTS
The ingoing tenant is to be responsible for a contribution of £750 plus VAT towards our
Client’s reasonable legal costs in the matter.


Nearest station

  • March (7.9 mi)
Distances are straight line measurements

To view this property or request more details, contact:

Cruso Residential , Kings Lynn

Waterloo Street, King's Lynn, PE30 1NZ

01553 393031 Local call rate

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