Retail property (high street) to rent
Property description & features
- Ground floor retail unit 38.5 sqm (414 sqft) NIA
- Popular retail location
- Close to town centre
- New IRI lease available
- Terms Negotiable
- RV: £7,000
- May suit alternative uses subject to consent
- EPC Rating: C (59)
Rooms
LOCATION
The property is located in the Bristol Arcade which is in the centre of the market town of Sleaford. The town has a good range of local amenities and facilities to include shops, restaurants, banks, schools, sports and leisure clubs. The A15 and A17 main roads and a railway station provide good communication links.
HERITAGE
Bristol Arcade is situated within Sleaford’s conservation area and is a Grade II listed building.
ACCOMMODATION
The shop unit extends to approximately 38.5 sqm (414sqft) net with a depth of 8.91m.
There is a communal toilet facility provided in the Arcade for use by the various tenants.
RENT
£7,500 per annum exclusive payable quarterly in advance by standing order.
A deposit equivalent to a quarters rent will be required as security.
LEASE TERMS
The property is available to let by way of a new IRI lease with terms fully negotiable.
The property is available for immediate occupation.
SERVICE CHARGE
A service charge will be payable for the maintenance and upkeep of any communal areas. This will be charged on a proportion of the space occcupied and indicative figures can be provided to any interest party.
VAT
The Landlord advises that VAT will be charged on the rent passing at the prevailing rate.
LEGAL FEES
In the usual manner the ingoing tenant will be responsible for all legal fees incurred in the transaction.
ENERGY PERFORMANCE CERTIFICATE
The property has an EPC rating of C (59).
RATEABLE VALUE
The property has a listed rateable value of £7,000 as defined by the 2017 ratings list.
PERMITTED USE
The property has been previously occupied as a retail shop. In our opinion it may be suitable for a variety of uses subject to the necessary statutory consents and the Landlord's consent being obtained.
AGENTS NOTE
Please note, the photographs used for the purposes of this marketing were taken prior to the current tenants occupation.
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