Retail property (high street)

Description

A desirable high profile retail property located on the historic Market Place in Cirencester. The property provides approximately 350 Sq Ft of retail accommodation with extensive uppers across 2 further floors extending to around 1,075 Sq Ft in total. There is also a basement storage area (not measured).

The property benefits from private WC facilities and kitchenette.

Location

The property is located in a prestigious building in a prominent location fronting on to the Market Square in the centre of Cirencester. This location gives good access to the A417 and A419 leading to the M4 and M5 motorways. Rail services are available at Swindon and Kemble.

Size

The building extends to approximately 1,075 Sq Ft comprising as follows:

• Retail area: 350 Sq Ft

• Rear area: 79 Sq Ft

• First Floor: 279 Sq Ft

• Second Floor: 249 Sq Ft

• Third Floor: 118 Sq Ft

Services

The property is connected to mains electricity and water, both of which are independently metered.

Insurance

The landlord will insure the fabric of the building with the tenant responsible for the insurance of their contents and glass shopfront insurance. The cost of buildings insurance is recovered from the Tenant by way of a service charge.

Local Authority

Cotswold District Council.

Non-Domestic Rates

The property has a rateable value of £16,000 per annum with effect from 1 April 2023

The tenant will be responsible for the payment of any non-domestic rates.

Service Charge

A service charge will be levied to cover the cost of the building maintenance and insurance.

Energy Performance Certificate

Awaiting Preparation

Terms

The property will be offered on a new FRI lease for a period of 10 years, subject to break clauses. All other terms to be negotiated with the landlord

COM2