A fully fitted café/sandwich shop situated in a modern complex offering refreshments, breakfasts and sandwiches to the busy office environment surrounding the property.
Available on an assignment of a 15 year lease dated 1st February 2010. We understand the lease is on conventional Full Repairing and Insuring terms (subject to service charge). We understand the rent was revised in February 2015 to £11,055p.a and is subject to 5 yearly rent reviews. We understand the service charge currently stands at approximately £682.28p.a. A copy of the lease is available on request.
A copy of the inventory is available on request.
There is an ingoing premium sought to include fixtures and fittings of £10,000.
We are informed the property benefits from a retail consent and has been running as a Cafe/Sandwich shop for several years. Should an ingoing party require further consents including A3 with extraction then i understand the landlord would consider such subject to all the necessary consents and permissions.
The rateable value as per the VOA website is £11,750. Parties are advised to contact the local authority to confirm rates payable. Those eligible for small business rate relief may benefit from full relief.
Planning consent has been obtained for the erection of a 'halo illuminated projecting sign', details available on request.
All figures quoted are exclusive of vat unless otherwise stated.
Each party to incur their own legal costs.
Viewings are by appointment with Maggs & Allen.
As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. Maggs & Allen has not tested or inspected for Asbestos and therefore recommend all interested parties to make their own enquiries.
The ingoing tenant will be charged an application fee of £200 plus VAT (£240 inc VAT) towards the costs incurred in undertaking appropriate credit and reference checks.
Maggs & Allen use all reasonable endeavors to supply accurate property information in line with the Consumer Protection from Unfair Trading Regulations 2008. These property details do not constitute any part of the offer or contract and all measurements are approximate.
It should not be assumed that this property has all the necessary Planning, Building Regulation or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide angle lens.
Any site and floor plans provided are for indicative purposes only and should not be relied upon.