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Showroom to rent

First Floor, 35-37 Mayflower Street, Plymouth, Devon, PL1

Removed 876 sq. ft. | £9,500 pa| £792 pcm

Property Description

Commercial information

  • 876 sq ft (81 sq m)

Full description

Tenure: Leasehold

Description

- First floor retail area
- Currently a beauty salon
- 876 sq ft
- £9,500 per annum exclusive

Location

A short distance from the Drake Circus Shopping Centre, and in close proximity to Plymouth University, Mayflower Street is a popular location for local traders.

The property has an end of terrace position and is located on the first floor of the building. It is accessed from the side road which is the entrance to one of the city's main pay and display car parks and fronts onto Mayflower Street. There is metered car parking in front of the property, making it easily accessible for customers.

Accommodation

All areas are approximate and measured in accordance with the RICS Code of Measuring Practice on a net internal basis.

TOTAL - 81.4 sq m / 876 sq ft

Rent / Price

£9,500 per annum exclusive.

Terms

The property is available by way of a new effective full repairing and insuring lease. Terms to be agreed.

Rateable Value

From a visit to the valuation office agency website (www.voa.gov.uk) we understand that the current rateable value is £8,100 effective from 1st April 2010. Therefore making the approximate rates payable £3,920 per annum for 2016/2017.

Tenants may be eligible for Small Business Rates Relief if this is the only property they occupy and/or any other properties they occupy have a rateable value of less than £2,600 each. Qualifying ratepayers will pay no rates on properties with rateable values up to £6,000 with a tapered relief of between 100 per cent and zero for properties with rateable values between £6,001 and £12,000 up until April 2017.

Interested parties are advised to confirm the rating liability with Plymouth City Council.

Services

It is understood that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries..

EPC

D (87).

Legal Fees

Each party to be responsible for their own legal costs in relation to this transaction.

VAT

We are advised that the property has not been elected for VAT and therefore will not be chargeable.


More information from this agent

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