Prominent corner position retail unit with good basement storage

 

Summary

  • Prominent corner position
  • Good basement storage
  • Nearby parking
  • New lease offered
  • £22,000 pa subject to contract
  • NO VAT on the rent

Accommodation

The accommodation comprises the following areas:

NameFloor/Unitsq ftsq mAvailability
Ground - Retail area Ground 844 78.41 Available
Ground - Storage room Ground 99 9.20 Available
Basement - Store and ancillary Basement 588 54.63 Available
Total1,531142.24
4 St. Johns Street - IMG_6051.JPG

Location

4 St Johns Street is an impressive Grade II Listed Building at the junction of St John Street and Wine Street in the town centre, a short distance from both the Market Place and the The Brittox, the central shopping area.

It is located near to a number of food and drink outlets including The Silk Mercer (Wetherspoons); the popular Peppermill restaurant and the Bear Hotel, plus a number of good quality local independent traders.

There is nearby short term on street parking and longer term parking available in the Market Place.

Get directions from Google Maps

Further Information


Description

A doorway at the junction of St Johns Street and Wine Street open into the open plan ground floor sales area that benefits from large display windows to both the St Johns Street and Wine Street frontages.

The sales area has wooden block flooring and spot lights on tracks. There is currently a partitioned fitting room that could be removed to create a larger open plan space. There is a storeroom at the rear.

Stairs lead down to an extensive basement that provides two large storage areas plus separate male and female toilets. One of the store rooms is fitted with a length of worktop incorporating a sink and drainer with fitted units underneath. Most of the space has carpet floor covering and LED lighting.

Terms

The shop and basement are offered by way of a new effectively full repairing and insuring lease for a term to be agreed.

A service charge will be payable toward the repair and maintenance of the external structure.

Rent

£22,000 per annum

NO VAT is payable on the rent.

Business Rates

The Valuation Office Agency lists the property as having a Rateable Value effective from April 2023 of £11,500.

The Rateable Value is therefore below the threshold for full Small Business Rate Relief for qualifying occupiers.

Energy Performance Certificate

A new EPC has been commissioned and will be available from the agent as soon as it has been registered.

Legal Costs

Each party will be responsible for their own legal costs incurred in the negotiation and agreement of the lease.

Joint Agent

Goldstein Leigh
Contact - Aharon Goldstein,
020 8952 6434
aharon@goldsteinleigh.com