Broad Street, Wells

LOCATION
W3W///duet.masons.towers
Situated in a central position within Wells City Centre, at the end of Broad Street close to it´s junction with Queen Street and Priory Road. Close proximity to Wells Bus Station, limited short-stay car parking and Public Car Parks.

DESCRIPTION
Self-contained first and second floor office accommodation within a Grade II Listed building. Separate ground floor entrance off Broad Street. Ground floor entrance lobby leading to first floor open-plan dual aspect office space, stairs leading to a second floor with a further three separate offices, kitchen and WC.

ACCOMMODATION
First (NIA) 39 sq m 416 sq ft
Second (NIA) 41 sq m 441 sq ft
Net Internal Area (NIA) 80 sq m 857 sq ft
Limited Use Areas 13 sq m 145 sq ft
IPMS3 93 sq m 1,002 sq ft
Measured in accordance with RICS Property Measurement Statement (2nd Edition).

SERVICES
We understand the unit benefits from connection to mains water, electricity and drainage. No gas. Internal heating from electric heaters. Services and appliances not tested.

TERMS
The asking rent is predicated on a new sub-lease on broadly the following terms:-

- Immediately Available.
- Full repairing and insuring equivalent basis.
- Upward-only Rent Review and Tenant-only breaks at 3-yearly sensible intervals.
- Lease to be excluded from the provisions of the Landlord & Tenant Act 1954 Sections 24-28 inclusive (i.e. no automatic right to renew at lease expiry).
- Tenant to contribute £350 towards Landlord´s proper and reasonable legal costs.
- Deposit subject to references/credit checks.

OUTGOINGS
A search on the Valuation Office Agency website reveals this unit has a Rateable Value of £6,000 (2023 List). This is not the rates payable. Parties may benefit from relief from business rates and should make their own enquiries of the local billing authority.

VAT
We understand VAT is not applicable to the rent.

LEGAL COSTS
Tenant to contribute £350 towards Landlord´s proper and reasonable legal costs.

PARKING NOTES
None

PLANNING
Most recently used as offices for a recruitment company. We understand the unit benefits from consent for Class E - Commercial, Business and Service type uses. We understand the property is Grade II Listed and within the Wells Conservation Area.

VIEWING
By appointment only through Cooper and Tanner - - Opt. 2