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Commercial Property to rent

Wallingford Street, Wantage

Removed £14,000 pa| £1,167 pcm

Property Description

Letting information:

Furnishing: Unfurnished

Full description

General description:
Double-fronted, split-level, ground floor retail premises established in Use Class A1 Shops, with separate entrances off Post Office Lane in the town centre shopping area.

Location:
Generally - the historic market town of Wantage, a formally designated and rapidly growing ‘Growth Town’ in affluent southern Oxfordshire, which straddles the junction of the A338 and A417 approximately 6 miles west of the A34 Milton interchange near Didcot.
Specifically – within both the designated Primary Shop Frontage and Conservation Areas, facing a busy main road to/from the town centre on its east side and opposite a large Waitrose store.

Accommodation (all dimensions approximate):
Sales area 1 – irregular/L-shaped but totalling 283sq.ft/26.33sq.m overall with steps up to..
Sales area 2 – 308sq.ft/28.61sq.m (excluding WC) with separate entrance from Post Office Lane
Total overall floor area – 51.65sq.m/556sq.ft.

Price Guide and terms:
Rental/leasehold only at £14,000pa exclusive. Full repairing and insuring lease of negotiable term.

VAT:
We understand the premises are not elected in for VAT purposes and therefore VAT is not payable in addition to the rent.

Business Rates:
Rateable Value (April 2010) - £8,700. Small Business Rate Relief Multiplier 2016/17 is x 0.484 = £4,210.80 payable. As the RV is below £12,000* further Small Business Rate Relief should be available but please contact VWHDC directly for confirmation (see also Agent’s note below).
*Agent’s note - Budget, March 2016. As the RV is below £12,000 and subject to no increase there should be no business rates payable from April 2017 onwards.

Services:
Mains water, electricity and drainage are connected. Telephone/broadband by subscription.

Local planning and rating authority:
Vale of White Horse District Council
135 Eastern Avenue
Milton Park
Milton
Oxfordshire OX14 4SB
Tel: 01235 520202

Tenancy applications
Completion of a commercial tenancy application form and payment of a non-refundable referencing fee of £120.00 including VAT per prospective lessee is required prior to Heads of Terms as negotiated being issued.

Viewing:
By prior appointment with the sole agent, Green & Co Commercial and Development Agency, during usual business hours Monday to Friday on 01235 763561
Ref. RH or via robin.heath@greenand.co.uk

Directions:
The shop is located on the east side of the shopping area, on the south side of Wallingford Street and to the right of “Rowe’s Costcutter” opposite Waitrose.


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Property reference 6657504. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Green & Co, South Oxfordshire - Lettings.

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