Commercial Property to rentHolderness Road, Hull, East Riding of Yorkshire
£9,500 pa| £792 pcm
- Ground floor retail / (A2) Estate Agency premises
- 1260 sq ft (117.03 sq m)
- Prominent East Hull location.
Full descriptionGround floor retail / (A2) Estate Agency premises of 1260 sq ft (117.03 sq m) in prominent East Hull location.
An excellent ground floor retail unit with A2 consent for estate agency/financial services use. Only available due to the relocation of the existing tenant, this is an ideal opportunity for similar type uses in this busy commercial location. Comprising: showroom with private sales offices, store, kitchen area and staff w.c. There are electronically operated security shutters and gas central heating. Ready for immediate occupation being well presented with suspended ceilings and fluorescent lighting.
Located on Holderness Road where there is an extensive range of amenities and facilities and with easy access to Hull city centre.
Property ref: 121_2394_3954407
715 sq ft
66 sq ft
62 sq ft
53 sq ft
247 sq ft
The premises are available to let by way of an assignment of the existing lease, on the following terms and conditions:
The current rental is on a staged basis being £9,500 per annum (£791.66 per month) for the current year increasing to £10,000 per annum on the 1st April 2016. The rent is payable monthly in advance.
The current lease is on an RICS Small Business Retail Lease format and is dated 1st April 2014. It is for a 5 year term from 1st April 2014. The tenant has a break clause allowing him to terminate the lease if required 30 months after the commencement of the lease. The tenant pays all the usual outgoings including business rates, water, gas, electricity etc. The tenant also contributes towards the buildings insurance premium as normal.
The tenant is required to keep the property in as good a state of repair and decoration as evidenced by a schedule of condition prepared at the commencement of the lease.
The ingoing tenant will be responsible for all parties reasonable legal costs incurred in the transaction and any stamp duty payable thereon.
The Landlord insures the premises and the tenant reimburses the Landlord with the insurance premium in the normal manner.
The tenant will be responsible for the payment of rates. We understand the property is listed as 'Shop and Premises' with a Rateable Value of £11,250. Prospective tenants should satisfy themselves as to the accuracy of the above information.
Under the Finance Act 1989, VAT may be added to the rent quouted; we recommend that prospective tenants satisfy themselves and establish the VAT implications prior to entering into any agreement.
Contact the agent’s Beverley office on 01482 886200 for prior appointment to view.
Chris Wilson Associates, Craven House, 27a Northgate, Hessle, HU13 0LW.
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