Freehold lockup retail unit in busy trading location

Key Points

• Rarely available freehold opportunity
• Busy trading location adjacent to chemist
• Customer car parking at front
• Lockup garage in rear block
• Available immediately

Description

The subject property occupies a prominent location on the Cove oneway system (currently operating as a florist) and immediately adjacent to a chemist, with a wide array of local shops in the immediate vicinity, including Tesco Express.

The unit is currently presented in open plan format with tiled floor and lighting, to include a small kitchenette and WC at the rear, with rear access door to yard / garage block, in which a single lockup garage is included in the freehold demise.

The unit is suitable for a variety of uses within Class E.

There is a large shoppers car park immediately to the front of the unit, with further unrestricted car parking along Bridge Road.

The freehold interest provides a modest ground rent income from the maisonette above (owned separately).

The unit is presented in clean order, but will obviously benefit from an upgrade internally, according to the occupier's requirements.

Available area

The accommodation comprises the following areas:

price

Offers in the region of £140,000 for the freehold interest.

availability

Available for immediate occupation.

rates

Rateable value - £6,300 per annum.
Rates payable - £3,143 per annum.

Note: The unit should attract 100% Small Unit Business Rate Relief, subject to status.

EPC

Upon application.

Legal fees

Each party to meet its own legal fees incurred in the transaction.