Shop to Let – £11,500 per annum
The property is centrally located within Yeovil town centre. Princes Street is one of the main retail streets within the town. It links the town centre with Yeovil Hospital.
Other occupiers on Princes Street include Ask, Prezzo, Connells, The Winking Frog and the Emporium.
The property comprises a single fronted lock up shop. It is configured to provide at the front a main retail area with at the rear an office and integral kitchenette. There is a separate single WC together with a basement. A single car parking space could be made available by separate negotiation.
The internal fit out is to a good standard including perimeter trunking and a suspended ceiling with modern lighting and electric heating.
(all areas are approximate)
Front Retail Area – 25.74 sq m (277 sq ft)
Office – 12.81 sq m (138 sq ft)
Total Accommodation – 38.55 sq m (415 sq ft)
There is, in addition, a cellar currently utilised for storage purposes.
The property has the benefit of a WC, mains electric and electric heating.
No tests have been carried out in relation to services, nor are we able to comment on their condition.
Leasehold. The shop is offered by way of an assignment of an existing lease. The lease is dated April 2012 for a term of 10 years expiring on 22nd April 2022.
£11,500 per annum
LEGAL FEES AND INGOING COSTS
Each party to be responsible for their own costs incurred. The costs of the landlord will be met by the current tenant.
The ingoing tenant will be expected to provide a satisfactory bank reference together with a deposit.
BUSINESS RATES (VOA listing 2017)
Description – Shop & premises
Rateable Value – £8,800.
This is not the amount you will pay. The rateable value is used to calculate your rates bill.
If you qualify for small business rate relief you will not pay any business rates in the current financial year.
ENERGY PERFORMANCE CERTIFICATE
Certificate no. 0980-3958-0399-7890-5060
Asset rating – 162
VAT is not chargeable on this rent.
For further information, please contact the Sole Agents,
Contact – David Foot
Tel – 01935 415454