Ground floor retail unit located on Stockwell Drive, Mangotsfield, extending to approximately 464 sq ft (43.1 sq m). Arranged primarily as open plan shop space the premises offers a flexible layout suitable for a variety of commercial uses. The unit also benefits from rear storage area and a WC. The premises would be ideal for businesses within Use Class E – which includes retail, office, café and other commercial uses, subject to consent.
DESCRIPTION -
Ground floor retail unit extending to approximately 464 sq ft (43.1 sq m), arranged primarily as open plan shop space, offering a flexible layout suitable for a variety of commercial uses. The unit also benefits from rear storage area and a WC. The premises would be ideal for businesses within Use Class E – which includes retail, office, café and other commercial uses, subject to consent.
LOCATION -
The property enjoys a highly visible corner position on Stockwell Drive, in the popular area of Mangotsfield.
LEASE DETAILS -
The shop is available to let on a new Full Repairing and Insuring Lease. Each party to incur their own respective legal fees.
BUSINESS RATES -
The rateable value with effect from April 2023 is £4,250. We therefore would expect those eligible for small business relief to benefit from 100% exemption at this time. However, we advise all interested parties to confirm directly with the local authority.
ENERGY PERFORMANCE CERTIFICATE (EPC) -
EPC rating: D
FLOOR PLAN -
The floor plan is provided for indicative purposes only and should not be relied upon.
VAT -
All figures quoted are exclusive of VAT unless otherwise stated.
VIEWINGS -
By appointment with Maggs & Allen.
TENANT APPLICATION FEE -
The ingoing tenant will be charged an application fee of £300 plus VAT (£360 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.
CONTROL OF ASBESTOS REGULATIONS -
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.
CODE FOR LEASING BUSINESS PREMISES -
We advise all interested parties to refer to the RICS Code for Leasing Business Premises, link available via our website.
