Property description

LOCATION  The property is situated on the South side of High Street midway between the junctions of Wellington Street and Station Road directly opposite the High Street multi storey car park which holds a car boot on Sunday.  The property is positioned two doors from the entrance to The Galleries Shopping Centre and next door to Frankies Cafe.

DESCRIPTION  Comprising of a modern ground floor lock up shop.  Inside the property has been divided into a front shop of mainly clear space, with a small cupboard and basement access.  The centre of the shop has an internal room and the rear part of the shop contains kitchen, two WCs and a long storage area with fire acess.

GROSS FRONTAGE  5m

NETT FRONTAGE     4.6m

SHOP DEPTH          21.49m

GROUND FLOOR SHOP AREA   117 sq m (1,250 sq ft)

BASEMENT STORAGE  51.41 sq m  (553 sq ft)

TOTAL FLOOR AREA  168.41 sq m  (1,813 sq ft)

AMENITIES  

Suspended Acoustic Tiled Ceiling.  Category 2 Lighting.  Kitchen Facilities

LEASE  The property is offered by way of a new 10 year full repairing and insuring lease and subject to an upward only open market rent reviews at the fifth year of term.

RENT  £18,000 per annum exclusive of rates, building insurance, service charges and if applicable VAT.

RATES  We are verbally informed by Rushmoor Borough Council that the premises are assessed for commercial rates of £7,000. Rate in £ 48.1p (2014/15).  Rates payable £3,367 and subject to small business rate relief via Rushmoor Borough Council.

LEGAL COSTS  Each party to be responsible for their own legal costs incurred in connection with the preparation of the new lease. 

Property Features :

• Kitchen facilities
• 2 x WCs
• New 10 year lease
• Small Business relief rates