PRIME SHOP TO LET
- In the heart of Sherborne opposite the Post Office. To lease on new terms at a rent of £16,000 p/a
The property enjoys a prime location within the heart of the pedestrianised Cheap Street. The property is directly opposite the Post Office approximately mid-way up Cheap Street. Multiple retailers represented in the town in close proximity include Waitrose, Costa, Starbucks, M & Co, Fat Face and Crew.
The property comprises a period listed property. Internally the property is arranged into 3 interconnected sales areas with a small amount of storage and a WC at the rear.
ACCOMMODATION (all areas are approximate)
Front retail area
Total 18.87 sq m
Middle retail area
Total 17.32 sq m
Rear retail area
Total 13.33 sq m
Rear store 1.5 x 2.3 (3.45 sq m)
TOTAL 52.97 sqm (570 sq ft)
Electric heating and mains water and drainage.
The ingoing tenant will be expected to make a contribution of £750 plus VAT by way of a contribution towards the cost of the new lease. The contribution to be considered a non refundable deposit. The ingoing tenant may be expected to provide if required a bank reference, a deposit and a guarantee.
The lease term offered is on a flexible basis subject to negotiation.
REPAIRS & INSURANCE
The tenant is to be responsible for internal repair and decoration. The landlord is responsible for external repair, decoration and insurance. The tenant will be required to contribute 1/3 of these costs on demand.
VAT is not chargeable on the rent.
RATEABLE VALUE (VOA Listing 2017)
The property has an RV of £10,250. If you qualify for small business rate relief there will be no rates payable.
ENERGY PERFORMANCE CERTIFICATE
The property is exempt as it is a listed building.
For further information please contact the Sole Agents, Chesters Commercial Ltd:
Telephone: (01935) 415454