retail unit with a3 use AWS

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RETAIL UNIT WITH A3 USE TO LET 5 MONUMENT CLOSE, ESSEX STREET, NEWBURY BERKSHIRE, RG14 6QW 773 SQ FT (71.789 SQ M)

MAY SUIT TAKEAWAY USE (A5)

SITUATION The property occupies a prominent position on Essex Street, Newbury. Occupiers within the same parade include Budgens, McColls, Coral, and Blue Dolphin (fish & chips) DESCRIPTION A ground floor retail unit with A1 & A3 planning consent. The property was previously a coffee shop but can be used for alternative uses to include takeaway (A5) subject to planning. ACCOMMODATION

Total

Sq. M. 71.789

Sq. Ft. 773

RATING ASSESSMENT

PROPOSAL

Rateable Value £14,500

The shop is available on a new lease the length of which is open to negotiation. The quoting rent is £20,950 per annum exclusive. A lower rent may be agreed subject to tenant, use etc. VAT is applicable.

Rates Payable £6,757 (2017/18) Those that qualify for small business rates relief can receive a rates discount which we have calculated as £5,630.81. Interested parties are asked to confirm with West Berkshire Council.

LEGAL COSTS Each party is to bear their own costs.

SERVICE CHARGE VIEWING A service charge is levied for the external areas. ENERGY PERFORMANCE CERTIFICATE This property has an EPC rating of TBA and a score of TBA.

Contact Mr Shane Prater Phone: 01635 551441 Email: [email protected] March 2018