Unit 3 Castle Walk... Retail property (high street) to rent - £1,458 pcm (£337 pw)

GENERAL DESCRIPTION
A ground floor self-contained retail unit forming part of a prime retail development in the town centre. The unit briefly comprise a retail area together with WC with plastered wall surfaces, laminate wood floor coverings and a suspended ceiling. The unit features a secure, electric roller shutter to the front with window frontage onto the busy Castle Walk stretch. Castle Walk is a popular and modern retail
development supporting a wide range of national retailers and forms on of the principal retail areas within the town. Neighbouring operators include New Look, Greggs and Peacocks. A low rent of £17,500pa is offered for the first year with a stepped rent increase of £1,000pa for the first two years, taking the rent to £19,500pa.

Location - Castle Walk was constructed circa 2005 and comprises a range of retail units which link Ironmarket and Hassell Street and is located in the pedestrianised town centre. There are a wide range of national retailers within the development and New Look next door.

Services - Mains electric, water, and drainage are connected. No services have been tested by the agents.

Tenure - Available by way of a new Full Repairing and Insuring lease by way of service charge for a minimum of 3 years and with rent reviews every 3 years and with each party bearing their own legal costs associated with the lease.

Business Rates - Rateable value £14,500
Rates payable £7,235.50pa (24/25)
Note: If you qualify for Small Business Rates Relief you should be entitled to a rate reduction.

Vat - The rent is subject to VAT.

Accommodation - Ground Floor
Depth: 32’0”
Width: 16’0”
GIA: 512 sq ft
Kitchen & WC --

Anti Money Laundering Regulations - In accordance with the anti-money laundering regulations,
two forms of identification will be required (e.g.
photographic driving license, passport, utility bill) from the
applicant and a credit check may also be required, the cost
of which will be the responsibility of the applicant. Where
appropriate we will also need to see proof of funds