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WELLINGBOROUGHUnder Offer

8 Silver Street, NN8 1BQ

Retail Premises TO LET (6 MONTHS RENT FREE)

145.65 Sq m (1,568 Sq ft)

Location

The unit is situated on the southern side of Silver Street, adjacent to the pedestrian thoroughfare leading to the Morrisons food store and car park. Retailers in close vicinity include Thomson, McDonalds and British Red Cross as well as numerous local retailers.

Description

The unit comprises fitted premises arranged over ground and first floors.

Planning

The unit benefits from Class A1 planning permission although has previously been used for educational purposes. Uses other than A1 may therefore be permitted subject to planning.

Rating

We are verbally advised the 2010 Rateable Value for the unit is £9,400, the UBR for 2010/2011 being 40.7p.

Interested parties are advised to make their own enquiries to the Local Authority for verification purposes.

VAT

All figures quoted are exclusive of Value Added Tax which will be charged at the prevailing rate.

Accommodation

The unit comprises the following approximate floor areas:

Sq m Sq ft
Ground Floor 71.72 772
First Floor 73.93 796
Total Accommodation 145.65 1,568

Note: The above areas have been calculated on an approximate net internal basis and must be verified by the ingoing tenant.

Terms

The unit is available to let by way of a new full repairing and insuring lease for a term to be agreed subject to 5 yearly upward only rent reviews at a commencing rental of £9,750 per annum exclusive.

The initial annual building insurance will be in the region of £400.

An incentive equivalent to 6 months rent free is available subject to covenant status and length of lease, to be given as a reduced rent over the first year of the term.

Viewing

Strictly by appointment through sole agents.

Contact

Simon Montgomery

020 7255 8057

smm@rapleys.co.uk