Retail property (high street) for sale
Property description & features
LOCATION
Situated in a central position off Fore Street nearby occupiers such as St Margarets Hospice Charity Shop, Burns the Bread, Battens Solicitors, Co-Op. Within the Castle Cary Conservation Area, interested parties must satisfy themselves in respect of any planning matters
DESCRIPTION
Excellent investment opportunity. A ground floor lock-up retail unit let to an established independent business at a passing rent of £7,500pa. EPC Rating D.
ACCOMMODATION
Retail area; max depth 8.59m x 2.92m max width. Traditional timber panel glazed window frontage. Rear preparation room/staff room (7.31sqm), rear lobby, storage area and WC.
Net Internal Area: 31.27sqm / 337sqft
Gross Internal Area: 37.45sqm / 403sqft
There is no external space. There is however rights of access to the side of the property.
SERVICES
We understand that the property benefits from connection to mains electric, water and drainage. Electric plug-in heaters.
TERMS
INVESTMENT INFORMATION
Currently let under counterpart lease dated 16th July 2020, for a 5-Year term, to a private individual trading as ‘Myrobalan Clinic’ a registered medical herbalist. Rent £7,500pa. Tenant is to keep the whole of the Premises in a good and substantial state of repair and condition. A copy of the lease is available following a viewing and at full discretion of the Vendor. The uppers have been sold off on a long-lease, pepper corn ground rent only.
OUTGOINGS
£5,400 (Rateable Value).
VAT
We understand VAT is NOT payable on the purchase price.
VIEWING
Strictly by appointment only through the sole agents Cooper and Tanner 1908 Ltd. Advance notice will be required so that appropriate notice can be given to the occupier.
Property information from this agent
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Property reference 101148033719. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Cooper & Tanner - Commercial.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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