A mid terrace shop of approximately 750 sq ft situated in a busy shopping precinct in Staple Hill.
The shop is currently used as an office and benefits from secure electric roller shutters to the front, kitchen and wc.
The shop is available both To Let, at £11,500pa on a Full Repairing and Insuring basis and For Sale with vacant possession at £135,000. The neighbouring shop is also available
The shop is located within an established retail precinct known as The Square, Broad Street, Staple Hill. Nearby notable occupiers include Iceland, Tesco Metro and Greggs.
B1 Office, although the property offers potential for a variety of uses such as A1/Retail & A2/Financial and Professional Services, subject to obtaining the necessary consent.
The shop is currently rated to include 7 & 8 The square with a rateable value of £19,750 with effect from April 2017.
EPC Rating: G. However, our client is happy to obtain a change of use to A1/A2 if required and we are informed that this will bring the EPC rating up to the minimum required standard. Alternatively, if the property is to be retained as office use, our client is willing to contribute towards improvements to ensure the minimum required EPC rating is achieved.
Please note, VAT is applicable to the rent and sale price.
The shop is available to let on a new Full Repairing and Insuring Lease. Each party to incur their own respective legal fees.
The floor plan is provided for indicative purposes only and is not to be relied on. We have included the neighbouring shop within the plan which is also available by separate negotiation.
The property is available both For Sale and To Let with or without the neighbouring property.
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 £250 plus VAT (£300 inc VAT) towards the costs incurred in undertaking appropriate credit and reference checks. Accounts will be requested where available and a deposit and/or personal guarantee may be required.
Strictly by Appointment with Maggs and Allen
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.