The Parade, Minehead, TA24 Property - £1,083 pcm (£250 pw)

DESCRIPTION
1b The Parade occupies a prime trading position in the town's principal shopping thoroughfare. Nearby national retailers include Specsavers, W H Smiths, Costa, Boots and Superdrug.

ACCOMMODATION
A prominent double fronted shop, presently arranged to provide retail and ancillary accommodation as follows:

Internal width 19'7" (5.97 metres)
Shop depth 18'4" (5.58 metres)
Total sales 329 square feet (30.56 sq. metres)
Storage/staff kitchen 101 sq ft (9.38 sq. metres
Staff toilet

RATEABLE VALUE
£9,500 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure. Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.

THE LEASE
A new full repairing and insuring lease for a term of 10 years, subject to review at the end of the fifth year of the term.

VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.