To Let

Property Details

828 Sq Ft
£20,000 pa
  • Ref: 33897361
  • Type: Retail
  • Availability: To Let

Property Summary

To Let - High Street Shopping Centre Class E/ Retail Unit
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Property Features

  • High Street Location
  • 828 sq ft (77 sqm)
  • Recently renovated

Full Details

Description
The property comprises a mid terraced retail unit which forms the under cover part of the Centre. A rectangular unit with rear access.

Accommodation
Ground Floor 828 sq ft (76.92 sq m)

Terms
The unit is offered on new effectively full repairing and insuring lease terms to be agreed. A Rent Deposit of 3-6 months and/or Personal Guarantee may be required subject to status

Rent
£20,000 per annum exclusive of service charge, rates, utilities, building insurance and VAT. Rent is payable quarterly in advance on the usual quarter days.

Business Rates
Rateable Value £14,250
Rates Payable £7,111
The property's rateable value qualifies for Small Business Rates Relief. Prospective tenants are advised to check their business rates liabilities with Basildon District Council

Service Charge
The property is subject to a service charge - 2024/2025 approx. £3,357.84 and building insurance approx. £1,070.00

Planning and Use
The property falls into Use Class E. Uses that conflict with existing tenants in the Centre may not be permitted

Energy Performance Certificate
C 71

VAT
Value added tax is applicable to the rent and service charge.

Legal Costs
Each party to bear their own legal costs. The Tenant may be required to provide a legal undertaking to be responsible for the Landlord's abortive costs should they withdraw after formal terms have been agreed