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Retail Property (high street) to rent

Shop - High Street, Holbeach

Withdrawn from Market 77 sq. m. | £8,500 pa| £708 pcm

Property Description

Commercial information

  • 832 sq ft (77 sq m)

Full description

LOCATION
The property is located in the High Street and is situated close to Boots, The Post Office, Lloyds Bank and other Retailers.

DESCRIPTION
A property offering an opportunity to open an individual shop or in viewing of an interconnecting space lends itself to offer a ´side by side´ type retail use. However, the property is offered to let as a whole.

ACCOMMODATION
35 High Street
Glazed front entrance door with side display window to:

MAIN RETAIL AREA:
8.99m x 3.30m plus Display Ara of 1.49m x 1.98m, opening to:

REAR ANCILLARY / STORAGE AREA:
2.89m x 2.51m opening to:

STORE AREA:
0.98m x 3.0m, night storage heater, door to rear yards (for access only).

CLOAKROOM:
Low level WC and wash hand basin.

The space has suspended ceilings, electric points and fluorescent lights.


37 High Street
Glazed front entrance door with side display window to:

MAIN RETAIL AREA:
4.85m x 4.37m opening to:

REAR ANCILLARY / STORAGE AREA:
3.50m x 3.25m presently partitioned to form separate display area. Door to rear yard for access only.

The space has artexed ceilings, electric points, fluorescent lights and carpet flooring.


SCHEDULE OF FLOOR AREAS

35 High Street: Total Area: 42.81m² NIA (460 sq.ft.)

37 High Street: Total Area: 34.50m² NIA (371 sq.ft.)


The Fixtures and Fittings currently in the property are available by separate negotiation.

TERMS
TERM: The current term expires in April 2017. The Landlord is happy for the lease to
be assigned and will grant a new lease from April 2017 if required upon terms to be agreed. The lease is contracted out of the Security Provisions of the Landlord & Tenant Act 1954 Part II.

RENT: £8,500 per annum payable quarterly in advance

BUILDINGS INSURANCE: The reasonable buildings insurance premium is reimbursed to the Landlord by
the tenant.

OUTGOINGS: The tenant is responsible for normal outgoings and business rates.

MAINTENANCE: The tenant is responsible for internal repairs and decorations together with maintenance and decoration of the shop front and 50% of the cost of maintenance of the roof and walls to shop ceiling height.

LEGAL COSTS: The incoming tenant will be responsible for the Landlord´s legal costs as well as their own legal costs.

USE: The use will be subject to the approval of the Landlord in the normal way.

REFERENCES: A new letting will be subject to the receipt of satisfactory references if required by the Landlord and the payment of a security deposit (if required).

OUTGOINGS
Rateable Value: £9,700 (2010 List)
Interested parties are recommended to contact the Local Authority regarding any small business rate relief.


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