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15 Market Place, Wells, Somerset, BA5 2RF

£2,208 pcm
£26,500 pa

Business rates & charges may apply

Cooper and Tanner, Cooper and Tanner Commercial
SIZE

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SECTOR

High street retail property to lease

Lease details

Lease available date:
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Key features

  • Excellent Retail property
  • Situated within the heart of Wells City Centre
  • Strong trading position
  • Available on new lease terms

Description

A Grade II*, mid-terrace, three-storey property providing retail space at ground and first floor levels with ancillary space on each level. Recessed timber shopfront. Staircase to front right-hand side leading to first floor sales area. Staircase (staff) to rear. Front servicing unit. Level entrance.

The previous occupier used the property as a retail space, with storage on the first floor and office accommodation on the second floor. However, the property has also previously been configured as a café, accommodating approximately 35 seats. (15 downstairs and 20 upstairs). Subject to necessary consents it could again be utilised for such use with scope to increase capacity with separate table and pavement licence from the town council.

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The property is situated in a strong trading position at the heart of the Market Place in Wells, which hosts twice weekly markets on Wednesday and Saturday. This pitch has a mix of well established local independent retailers. The property is within an 100m walk from both Wells Cathedral and the Bishop's Palace and the High Street


Internal accommodation as follows:

Accommodation
Ground - Sales & Kitchen 50.20 sq m 540 sq ft
First - Sales 33.69 sq m 363 sq ft
Sales 83.89 sq m 903 sq ft

Ground - Ancillary 6.90 sq m 74 sq ft
First - Ancillary 7.03 sq m 76 sq ft
Second - Ancillary 48.68 sq m 524 sq ft
Ancillary 62.61 sq m 674 sq ft

Net Internal Area 146.5 sq m 1,577 sq ft

Max Sales Area Width - 5.588m / 18' 4"
Sales Area Depth - 8.597m / 28' 2"

Small external courtyard area / bin-store to rear.


Local authority Somerset Council (former Mendip Area). Grade II* Listed and within the Wells Conservation Area.

Interested parties should rely on their own enquiries in respect of any planning history, opportunities and existing consented uses and works with the local planning authority.


The property benefits from connection to mains water, electricity and drainage. No tests have been carried out on any appliances or services at the premises and neither the vendors nor their agents give any warranty as to their condition. Prospective occupiers should make their own investigations. All fixtures, fittings and trading equipment are specifically excluded unless mentioned in these particulars.

Cooper and Tanner Commercial Department:
Tel.
Email:


VAT is not payable on the rent.

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)
Tenant to contribute £600 + VAT towards Landlord's proper and reasonable legal costs
Deposit subject to references/credit checks.

Energy Performance Certificates

EPC Certificate

Brochures

15 Market Place, Wells, Somerset, BA5 2RF

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Castle Cary Station9.3 miles

About Cooper and Tanner, Cooper and Tanner Commercial

41 High Street, Glastonbury, BA6 9DS

With nine offices through North and South Somerset, extending into Bath and West Wiltshire, Cooper & Tanner are well placed to deal with a wide selection of Commercial properties throughout the South West region.

From shops and offices, industrial land and premises, investments, development opportunities or commercial management, we are able to provide a professional and effective approach tailored to suit your individual requirements.

As Chartered Surveyors, our team of experienced Surveyors, gives you unrivalled access to a range of professional services including Valuations for most RICS Red Book purposes, Building Surveys, Schedules of Dilapidations and Inventories. Whether a landlord or tenant, Cooper & Tanner can offer expert guidance on most tenancy matters including Rent Reviews and Lease Renewals.

For further information about how Cooper & Tanner can be of assistance to you, contact us by telephone or email.

Our list of available properties throughout our region, is regularly updated. When calling, ask for a copy to be sent to you.

Notes

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Disclaimer - Property reference 33116LH. 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 Cooper and Tanner, Cooper and Tanner Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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