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Retail Property (high street) to rent

Unit 2, Martley Road, Henwick Park, Worcester, WR2

£22,500 pa| £1,875 pcm

Property Description

Full description

New Unit For Sale or To Let

New Unit as a Result of the Proposed Extension to the Tesco Express, Situated at the Junction of Martley Road and Monarch Drive on the B4204, just off the A443 in Worcester.

This successful, well established scheme is anchored by Tesco and located on the junction of Martley Road and Monarch Drive on the B4204, just off the A443. The scheme is approximately 1.5 miles South West of Worcester City Centre and the centre benefits from 21 free car parking spaces plus a further 3 spaces directly in front of the proposed new unit.

DESCRIPTION
As a result of the proposed extension to the Tesco Express, a brand new ground floor retail unit will be created, with the benefit of car parking and drop-off points. The unit will be suitable for a variety of uses, subject to receipt of planning consent, including A1 (Retail), A2, Financial & Professional Services), A3 (Café/Restaurant) and A5 (Hot Food Takeaway).

ACCOMMODATION
Approximate internal dimensions/areas of the proposed unit are as follows:-

Internal Width 18'11" 5.76 m
Shop Depth 39'0" 11.88 m
Gross Floor Area 740 sq ft 69 sq m
Car Parking

LEASE
The premises are to be let on the basis of a new Lease for a term to be agreed upon, in multiples of 5 years subject to 5 yearly upward only rent reviews to be based upon RPI.

COMPLETION
It is anticipated that the unit will be available Autumn 2017.

RATING ASSESSMENT
The property has yet to be assessed for rating purposes. Interested parties are advised to make their own enquiries direct.

LEGAL COSTS
Each party are to be responsible for their own legal costs incurred in this transaction.

REFERENCES
The successful applicant for a tenancy will need to provide a satisfactory bank, accountants, solicitors, landlord and two satisfactory trade references for submission to the Landlord. In respect of a limited company the last three years audited trading accounts.

VAT
We understand that VAT will be payable on the rental, however, interested parties are advised to make their own enquiries.

MONEY LAUNDERING
In accordance with Anti-Money Laundering Regulations, two forms of identity and confirmation of the source of funding will be required from the successful Tenant.

VIEWINGS
Strictly by prior appointment with the sole letting agents Andrew Grant Commercial, on 0330 024 3000.


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