Floorplan
MapShop to rent
Wellington Square, Minehead, TA24
Featured
Shop
Features and description
- Former HSBC Banking Hall
- Ground floor available to rent
- Next to a Wetherspoons Pub
- Ideal conversion for catering use subject to planning permission
- In the very heart of Minehead
- Offers invited on asking rent £22,000 per annum
- New lease terms available
- The owners may consider selling the freehold of the whole building
THE PROPERTY
Extensive ground floor premises formally fitted out and equipped as a banking hall but with a variety of alternative uses (subject to planning approval). The property is situated in a prominent town centre position. Minehead is a popular West Somerset holiday resort with a busy commercial centre and a host of local shops and services with a resident population of around 12,000. As presently arranged, the property comprises a large banking hall of 1,257 sq ft of accommodation together with ancillary accommodation of 569 sq ft.
TENURE
The property is offered on the basis of new full repairing and insuring lease for a term of years to be agreed at a rental of £22,000 per annum plus service charge and insurance contribution. An incoming tenant will need to supply the usual proof of ID, 3 months bank statements and trade/professional references for Landlord's approval.
UNIFORM BUSINESS RATEABLE VALUE
£25,750 UBR, as of 2023, 49.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure
VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.
VIEWING
Strictly by appointment through the selling agents.
LEGAL ADVICE
We strongly recommend that a tenant takes independent legal advice and instructs solicitors to act on their behalf.
Each party bears their own legal costs unless otherwise stated.
PLANNING
It is the responsibility of the proposed tenant to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the tenant’s responsibility.
LEASE TERMS
All leases are on full repair and insuring (FRI) terms unless otherwise stated.
Extensive ground floor premises formally fitted out and equipped as a banking hall but with a variety of alternative uses (subject to planning approval). The property is situated in a prominent town centre position. Minehead is a popular West Somerset holiday resort with a busy commercial centre and a host of local shops and services with a resident population of around 12,000. As presently arranged, the property comprises a large banking hall of 1,257 sq ft of accommodation together with ancillary accommodation of 569 sq ft.
TENURE
The property is offered on the basis of new full repairing and insuring lease for a term of years to be agreed at a rental of £22,000 per annum plus service charge and insurance contribution. An incoming tenant will need to supply the usual proof of ID, 3 months bank statements and trade/professional references for Landlord's approval.
UNIFORM BUSINESS RATEABLE VALUE
£25,750 UBR, as of 2023, 49.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure
VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.
VIEWING
Strictly by appointment through the selling agents.
LEGAL ADVICE
We strongly recommend that a tenant takes independent legal advice and instructs solicitors to act on their behalf.
Each party bears their own legal costs unless otherwise stated.
PLANNING
It is the responsibility of the proposed tenant to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the tenant’s responsibility.
LEASE TERMS
All leases are on full repair and insuring (FRI) terms unless otherwise stated.
Rooms
Former Banking Hall 13.6m x 9.1m
Storage 1 3.4m x 2.64m
Storage 2 4.1m x 2.16m
Storage 3 7.54m x 2.67m
Staff Accommodation 4.55m x 4m
Including kitchette
Male and Female Toilets
Tenure
Leasehold.
Services
All mains connected.
Viewing
Strictly by appointment with the sole selling agent.
Rateable Value
£25,750 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.
WANT TO KNOW MORE?
We recognise that buying a property is a big commitment and, therefore, recommend that you visit the local authority website (contact the branch for details) and the following websites for more helpful information about the property and local area before proceeding.
Property information from this agent
About this agent
Established in 1924, Webbers estate agents are a national award-winning, independent estate agency, voted in the Top 3 estate agents in the UK for customer service in 2014. We have 16 West Country offices for residential sales & lettings in North Devon, West Somerset, Exmoor and Cornwall. Our exclusive Fine & Country marketing enables us to put our property in Park Lane, right in the heart of London, offering fabulous market exposure. In addition, with specialist departments for Commercial Property, Survey & Professional and New Homes, we deliver a comprehensive property service, with an enviable reputation as professionals in property. Minehead is often referred to as "The Gateway to Exmoor" and nestles on the West Somerset coastline of the Bristol Channel surrounded by the superb open countryside of the Exmoor National Park and the Brendon and Quantock Hills. The town has a population of around 10,000 and is made up predominantly of Victorian and Edwardian properties, popular 1930s houses and, during the 1970s a large number of bungalows were built to cater for the many people who retire to the area.