Retail property (high street) to rent
Property description & features
- Thriving Cotswold tourist village
- Lock-up shop
- Attractive shopping arcade
- Wide frontage display window
- Just off town centre location
- Good footfall from both car park and high street
- Good village community
- Shops, cafes, restaurants and pubs
To let on a new lease
31.7 sq m 341.2 sq ft
£12,000 plus VAT, per annum
PROPERTY DESCRIPTION
Prime location between the High Street and village car park
Situated in wide arcade with a full width display window
Rear lobby, cloakroom off and door to car park
One dedicated parking space
Lease Terms
Term: Negotiable, minimum three years
Initial Rent: £12,500 pa plus VAT, payable quarterly in advance
Rent Reviews: Every four years
Repair: Tenant to be responsible for all internal repairs and decoration and to contribute to repairs of structure by way of service charge
Modest additional costs apply for a pro-rata contribution to service charges and building insurance. Details available upon request.
Use Class E
EPC: Band C (56)
Outgoings
The current Rateable value is £12,000
Business rates payable for the current year (2023/24 at 49.9p in the £) are £5,988
Small Business Rate relief may apply
Services
Main electricity, water and drainage are connected
Reservation Deposit
On agreeing to take the lease the prospective lessee will be expected to pay a reservation deposit of £1,000 – this will be refunded upon completion
However, should the prospective lessee withdraw from the transaction for any reason, or amend or alter the terms agreed such that the lessor withdraws from the transaction, the lessor’s agents and solicitor’s abortive costs will be deducted from the deposit, and the balance, if any, will be refunded
References
Bank, trade, accountant’s and personal references will be required
SITUATION
Broadway is one of the best-known North Cotswold villages, having a good range of shopping facilities including chemist, butcher, health centre and a number of galleries, antique, clothes and gift shops
Larger centres within easy reach are Cheltenham (approx. 15 miles) and Stratford-upon-Avon (approx. 15)
There is a mainline station to London Paddington at Moreton-in-Marsh (approx. 9 miles) scheduled travel time from 92 minutes
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Property reference MIM200149_L. 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 Hayman-Joyce - Moreton-in-Marsh.
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