Property description
Double fronted retail unit situated amongst nationals in a prime shopping mall in Southport town centre.
Location
This unit is located in Marble Place Shopping Centre in one of Southport's prime covered retail malls. Occupiers of the centre include Body Shop and T K Maxx. Marble Place is situated on Chapel Street one of Southport's prime retail streets close to several national retailers including Marks & Spencers, W H Smith, HMV and British Home Stores. The Post Office is also located within the W H Smith unit, and the general Post Office.
Description
This property has been well maintained. It features excellent window display with a large entrance. The overall presentation of this unit is bright and modern with air conditioning, heating, full alarm system and a fire sprinkler system in place. To the first floor there is a secure storage facility and the unit enjoys the benefit of shared kitchen and staff/toilet facilities.
Accommodation
ShopWidth 8.09 mDepth 12.15m
Business Rates
From an enquiry of the Valuation Office website we understand that the current Business Rates Assessment for the property is as follows:Description: Shop and PremisesRateable Value: £36,500. We understand an appeal has been lodged against the landlord's assessment.The standard business rates multiplier in England for 2014-2015 is 48.2p.
Services
We understand that mains water and electricity are connected to the property (these services have not been tested by ourselves)
Lease Term
Assignment of a 10 year Lease. Annual rental £17,500 per annum from 4th November 2014 to and including 3rd November 2015. The rent then rises on an annual basis so in the third year of the term it is £18,000 exclusive of VAT per annum, in the fourth year it is £19,000 and in the fifth year it is £20,000 per annum. The rent is to be reviewed on 4th November 2018.
Planning
All enquries in respect of planning permission should be made to Sefton Borough Council on 01704 533133 or search for Sefton Planning information online at http://seftonmaps.sefton.gov.uk/NewSeftonMaps/
Costs
Each party will be responsible for their own costs.
VAT
All prices are quoted exclusive of but, may be liable to, VAT at the prevailing rate.
Energy Performance Certificate
An Energy Performance Certificate will be available on request.
Viewing
Strictly by appointment with the agents -Antony Hill Group01704 532728sales@ahgroup.net
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Image of misc
Property Features :
- TO LET BY WAY OF ASSIGNMENT
- PROMINENTLY LOCATED
- LARGE RETAIL UNIT IN INDOOR SHOPPING MALL
- SITUATED AMONST NATIONAL RETAILERS
- PRIME RETAIL LOCATION