A terraced shop of approximately 740 ft² situated in busy trading position in Clevedon Town Centre. The shop is currently let to Present Company (Clevedon) Ltd at £12,500pa although the tenant is due to vacate in May 2026.
The shop would therefore suit an investor or an owner occupier (from May 2026). The neighbouring shop (let to Greggs PLC) is also available by seperate negotiation.
DESCRIPTION -
A terraced shop of approximately 740 ft² situated in busy trading position in Clevedon Town Centre. The shop is currently let to Present Company (Clevedon) Ltd at £12,500pa although the tenant is due to vacate in May 2026. The shop would therefore suit an investor or an owner occupier (from May 2026).
LOCATION -
The shop is situated in a busy trading position in Clevedon Town Centre. Notable neighbouring occupiers include Cancer Research UK and WHSmith.
NOTES -
The neighbouring shop (3 Station Road) is also available for sale by separate negotiation for £150,000. Please contact the office for further details.
BUSINESS RATES -
The rateable value with effect from April 2023 is £10,750.
VIEWINGS -
By appointment.
LEASE DETAILS -
Let to Present Company (Clevedon) Limited for a 5 year term from May 2021 (therefore due for renewal in May 2026) at £12,500pa on an effectively fully repairing and insuring basis. We understand the tenant plans to vacate at the end of the term. In addition, we understand that the first floor flat pays a further £100pa Ground Rent charge.
ENERGY PERFORMANCE CERTIFICATE (EPC) -
Rating: To be confirmed.
TENURE -
We understand the property will be sold on a freehold basis, subject to the long leasehold interest of the first floor which has been sold off. The shop is subject to a £100pa Ground Rent charge.
VAT -
All figures quoted are exclusive of VAT unless otherwise stated, although we understand the property is not opted for VAT.
FLOOR PLAN -
The floor plan is provided for indicative purposes only and should not be relied upon.
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.
