RETAIL UNIT TO LET Bourne, Lincolnshire
01733 897722
Unit 3 Sedgefield Court, Elsea Park Bourne, Lincolnshire PE10 0YD Size: 900 sq ft (83.61 sq m)
Rent: £22,500 pa
Brand new unit
Co-Op anchor unit
New residential development
On site parking
Popular market town
A1/A2/A3/A4/A5 uses.
Voted by the Estates Gazette ‘Most Active Regional Agent in Cambridgeshire 2012, 2013, 2014, 2015’
Bury St Edmunds
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Cambridge
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Huntingdon
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Peterborough
LOCATION
(Use Classes) Order 1987.
Bourne is a popular market town in South Lincolnshire, located approximately 6 miles to the North of Market Deeping, 8 miles to the east of Stamford, and 16 miles to the north of Peterborough.
TIMING The unit is available immediately.
SERVICE CHARGE
Elsea Park is a major new housing development comprising approximately 1,000 new houses, being built by a variety of developers including Kier and Taylor Wimpey, amongst others. It has rapidly established itself as a popular commuter location for Peterborough, attracting other major occupiers such as Tesco, Marstons, Texaco, McDonalds and Lidl (to be built) in addition to the existing and thriving town centre.
A service charge will be payable in respect of repairs to the structure and common areas, estimated to be in the region of £1.50 per sq ft per annum.
BUSINESS RATES The property has a Rateable Value (2017 List) of £21,000. Rates payable will normally be based upon 46.6 pence in the pound on the rateable value but interested parties are encouraged to check the actual sum payable with the local rating authoirty,.
DESCRIPTION
LEASE TERMS
A new neighbourhood shopping parade built as part of the latest phase of residential development, with pre-lets agreed on Unit 1 to Co-Op Food, and to Barnados on Unit 2. The last remaining Unit 3 is currently available. There is on site parking for 16 cars as well as dedicated loading facilities.
The property is available on the basis of a new effective full repairing and insuring lease for a minimum term of 10 years, with 5 yearly rent review clauses.
RENT
The parade is of steel frame construction under a monopitch roof, and will be provided with mains services connected, shopfront installed, disabledaccess WC installed, and basic kitchenette facility. A contribution is available from the developer towards the fit out of the unit by individual operators.
The rent will be £22,500 per annum exclusive of VAT, Business Rates and other outgoings.
VAT We understand that VAT will be charged on the rent.
LEGAL COSTS
FLOOR AREAS Ground floor sales:
Each party to bear their own in connection with this matter.
900 sq ft (83.61 sq m)
VIEWING
All measurements above are approximate and on a Net Internal Area basis
Strictly by appointment with the joint agents:-
SERVICES
Barker Storey Matthews
Mains electricity gas and water are believed to be available to the premises. Interested parties are however advised to make their own enquiries of the relevant service providers. Often, where buildings are vacant, services can be disconnected so no warranty can be given in respect of the connection, condition or working order of services, fixtures and fittings.
The Lawns, 33 Thorpe Road, Peterborough PE3 6AB Contact: Julian Welch
[email protected] (01733) 897722 4N069 171116
PLANNING The unit can be used for any use within Classes A1, A2, A3, A4 or A5 of the Town & Country Planning
Note: Barker Storey Matthews is the trading name of BSMH Ltd. Reg No. 2566342. These particulars do not constitute or form any part of an offer or contract nor may they be regarded as representations. All interested parties must themselves verify their accuracy. All measurements are approximate. Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax. NIA Refers to Net Internal Area. Where appropriate or stated IPMS 3 relates to the International Property Measurement Standards 1st Edition. A definition can be found at: www.ipmsc.org/standards/office
Bury St Edmunds
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Cambridge
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Huntingdon
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Peterborough
ORDNANCE SURVEY PLAN THIS PLAN IS REPRODUCED FROM THE ORDNANCE SURVEY MAP WITH THE PERMISSION THE CONTROLLER OF HER MAJESTY’S STATIONERY OFFICE, © CROWN COPYRIGHT RESERVED. OF
THIS PLAN IS PUBLISHED FOR IDENTIFICATION PURPOSES ONLY AND ALTHOUGH BELIEVED TO BE CORRECT, ITS ACCURACY IS NOT GUARANTEED AND IT DOES NOT FORM PART OF ANY CONTRACT. LICENCE NO. 100003928