Retail property (high street)

Rooms

Description
A two-storey commercial property on Horse Street located at the base of the high street within the Historic Market town of Chipping Sodbury. Benefitting from a centralised position on the base of the high street. On the ground floor, the property provides a retail unit specifically laid out for catering purposes with a bar and seating area to the front and centre and kitchens/storage to rear, along with a small courtyard garden. The property has undergone extension renovation and is ready for a tenant to take on as a blank canvas to make their desired improvements specific to their business. The kitchen equipment (currently fitted) to the rear is available to purchase via a premium information on this is available upon request and subject to further negotiation.

Location
Set within the centre of historic market town of Chipping Sodbury. Located on Horse Street, with direct access onto the picturesque high street, offering ample free on street parking within the locality.

Accommodation
Net Internal Area – 95.65m² (1029.57ft²)

Services
The property benefits from mains water, gas, drainage and electricity connections.

Terms of Tenancy
The tenancy will be written under the statute of the Landlord and Tenant Act 1954 excluding the renewal provisions contained within s24 to s28 of the same. Ideally the Tenancy term will be for a minimum of 3 years with the opportunity of a Break Clause, if desired. The Landlord will be responsible for external repairs and the structural insurance, the premium of which will be recoverable from the Tenant. The Tenant will be responsible for internal repairs along with all outgoings including but not limited to water, drainage, electric, maintenance contributions and business rates. A deposit of 2 calendar months will be requested from the Tenant prior to entry. This will be returned minus any appropriate deductions at the cessation of the Tenancy.

Business Rates
£7600 Rateable Value.

Costs
The tenant will contribute £500 (plus VAT) toward the preparation of each Tenancy Agreement and a Record of Condition with regards to the tenancy.