Station Road

Key Features

Room Descriptions

• DESCRIPTION

  The property comprises a semi-detached ground-floor retail unit, currently occupied by Streat Boss, with a vacant three-bedroom maisonette on the upper floors.
  The ground floor features a largely open-plan sales/seating area with a return frontage to Melbourne Road.
  The maisonette, spanning part ground, first, and second floors, has front and rear access and benefits from one parking space.

• ACCOMMODATION

  The premises have been measured in accordance with RICS Code of Measuring Practice and report the following Net Internal Areas (NIA) for the commercial accommodation and Gross Internal Areas (GIA) for the maisonette.
  
  Ground Floor Retail 43.0m² 464 sq ft
  Maisonette 67.74m² 729 sq ft
  Total 110.81m² 1,193 sq ft

• TERMS

  The freehold interest in the property is available for sale at £325,000 exclusive. The property is available with ground floor tenant and associated lease in place.

• BUSINESS RATES

  The property has been entered onto the Valuation Office Agency website as the following:
  
  Ground Floor Retail
  Description: Café and Premises
  Rateable Value: £10,000
  Rates Payable 2024/2025: £4,990
  https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief
  
  The maisonette has been assessed as Council Tax Band A

• LEGAL COSTS

  Each party to bear their own costs.

• VAT

  Our client reserves the right to charge VAT in line with current legislation.

• TENANCY

  GROUND FLOOR
  Tenant: Robert Grand T/A Streat Boss
  Term: 5 years from 15 October 2021
  Rent: £12,000 per annum
  Repairs: Effective full repairing and insuring
  
  UPPER FLOORS
  Vacant

• EPC

  The property has an EPC rating of:
  Ground Floor Commercial :C
  Upper Floors Residential: E

• VIEWING AND FURTHER INFORMATION

  Strictly by appointment with the sole agents on 01603 620551.
  
  SUBJECT TO CONTRACT - HRD
  jr/120