First & Second Floor Space at 10A Broad Street, Wells

LOCATION
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Situated in a central position within Wells City Centre, central location on Broad Street. Barbershop below. Close proximity to Wells Bus Station, limited short-stay car parking and Public Car Parks.

DESCRIPTION
Self-contained first and second floor office accommodation within a Grade II Listed building. Independent ground entrance off Broad Street. Most recently used as office space for the Member of Parliament for the Wells Constituency.
Cost-effective office accommodation for 2-5 people.
New electrical heaters installed.

ACCOMMODATION
First Floor (NIA) 26.07 sq m 281 sq ft
Second Floor (NIA) 27.10 sq m 292 sq ft
Net Internal Area (NIA) 53.17 sq m 572 sq ft
Limited Use Areas 8.57 sq m 92 sq ft
IPMS 3 61.74 sq m 665 sq ft

SERVICES
We understand the unit benefits from connection to mains electricity, water and drainage. No gas. Internal heating provided by way of electric heaters. Services and appliances not tested.

TERMS
The asking rent is predicated on a lease on broadly the following terms:-

- Immediately available on a new lease
- Full repairing and insuring equivalent basis
- Rent Review at the 3rd anniversary
- Lease to be excluded from the provisions of the Landlord & Tenant Act 1954 Sections 24-28 inclusive (i.e. no automatic right to renew at lease expiry)
- Deposit subject to references/credit checks.

OUTGOINGS
A search on the Valuation Office Agency website reveals this unit has a Rateable Value of £4,750 (2023 List). This is not the rates payable. Parties may benefit from some relief from business rates and should make their own enquiries of the local billing authority.

VAT
We understand that VAT is not payable on the rent.

PLANNING
Grade II Listed and within the Wells Conservation Area. Most recently used as offices. We understand the unit benefits from consent for Class E - Commercial, Business and Service type uses.

OTHER
Prospective tenants should seek professional advice from a qualified property adviser before entering a legally binding contract. Information can be found via:

VIEWING
By appointment only through the sole agents Cooper and Tanner -