prominent retail unit AWS
PROMINENT RETAIL UNIT TO LET 59 NORTHBROOK STREET, NEWBURY WEST BERKSHIRE, RG14 1AN 741 SQ FT (68.84 SQ M)
SITUATION The property is located at the heart of Newbury Town Centre. Nearby occupiers include Hampton's Estate Agents, Timpson, Eden Bakery and Mcdonalds. DESCRIPTION The property comprises a prominent ground floor retail unit fronting Northbrook Street being opposite the entrance to Park Way. Internally, the space comprises an open plan sales area, with kitchen and WC to the rear. ACCOMMODATION
Total
Sq. M. 68.84
Sq. Ft. 741
RATING ASSESSMENT
PROPOSAL
Rateable Value £23,250
The property is let to Framemakers and is available on an assignment of the existing lease which is dated 22nd March 2010 for 15 years. The lease is protected under the Landlord & Tenant Act 1954. The rent payable is £26,000 per annum exclusive. VAT is applicable.
Rates Payable £10,834.50 (2017/18) SERVICE CHARGE The service charge for the year commencing 1st January is capped at a maximum of £1,500 plus VAT. ENERGY PERFORMANCE CERTIFICATE
LEGAL COSTS Each party is to bear their own costs. VIEWING
This property has an EPC rating of C and a score of 53.
Contact Mr Shane Prater Phone: 01635 551441 Email: [email protected] December 2017
SITUATION The property is located at the heart of Newbury Town Centre. Nearby occupiers include Hampton's Estate Agents, Timpson, Eden Bakery and Mcdonalds. DESCRIPTION The property comprises a prominent ground floor retail unit fronting Northbrook Street being opposite the entrance to Park Way. Internally, the space comprises an open plan sales area, with kitchen and WC to the rear. ACCOMMODATION
Total
Sq. M. 68.84
Sq. Ft. 741
RATING ASSESSMENT
PROPOSAL
Rateable Value £23,250
The property is let to Framemakers and is available on an assignment of the existing lease which is dated 22nd March 2010 for 15 years. The lease is protected under the Landlord & Tenant Act 1954. The rent payable is £26,000 per annum exclusive. VAT is applicable.
Rates Payable £10,834.50 (2017/18) SERVICE CHARGE The service charge for the year commencing 1st January is capped at a maximum of £1,500 plus VAT. ENERGY PERFORMANCE CERTIFICATE
LEGAL COSTS Each party is to bear their own costs. VIEWING
This property has an EPC rating of C and a score of 53.
Contact Mr Shane Prater Phone: 01635 551441 Email: [email protected] December 2017
