Location
This mid terrace unit is located within a busy parade of shops and food outlets which serve the popular suburb of Forest Hall.
The immediate area comprises predominantly private housing, together with a mixture of sole trading business operators. There are a number of food outlets on this strip of Forest Hall Road and these include cafes and hot food takeaways.
The premises were most recently used as a dessert shop but would be suitable for a variety of uses, subject to any required consents.
This is a rare opportunity in this location and an early inspection is recommended.
Description
The property comprises a mid-terrace ground floor retail unit forming part of a larger parade.
Accommodation
The property has been measured in accordance with the RICS Code of Measuring Practice and has the following Gross Internal Areas;
Ground Floor
Retail Space 540 sq.ft. (50 sq.m.).
W.C.
External
1x car parking space
Tenure
The premises are held by way of a 3 year FRI lease which expires 1st May 2025. The current rent is £750 pcm and the lease is available by way of an assignment.
Business Rates
The premises are assessed as follows:
Rateable Value £6,400
Rates free incentives are available.
Services
Water and electricity is installed on site.
EPC
Rating F.
Legal Costs
The ingoing tenant will be expected to make a contribution to the landlord’s reasonable legal costs in the assignment of the new lease.
Money Laundering Regulations:
In accordance with the current Anti-Money Laundering Regulations, the Tenant will be required to provide two forms of identification and proof of the source of income.