Leasehold Commercial Shop to Let on Ladypool Road

A Leasehold Retail Shop available to let on the main Ladypool Road currently running as a Women’s Jewellery & Accessories Shop but can be used for various trades subject to planning permission. The shop is modernised to a good standard having the benefits of Laminated Floor and Full glass shop front with metal roller shutters. Details as follows:

ON THE GROUND FLOOR

Shop Area: Size 3.43m x 8.64m (11.25ft x 28.34ft). Having Power Point. Window overlooking front. Laminated Floor. Suspended Ceiling with LED Spotlights. Gives access to Rear Store and Rear Garden.

Rear Store (In need of modernisation): Size 2.97m x 2.77m (9.74ft x 9.08ft). Having Power Point. Sink unit. Gives access to Stairs leading to First Floor.

Rear Garden: Side Tradesman Entrance. Having metal Staircase leading to First Floor.

ON THE FIRST FLOOR

Landing: Gives access to Room No.1., Room No.2. and Loft space.

Room No.1.: Size 3.73m x 4.13m (12.23ft x 13.54ft). Having Power Point. Window overlooking Front.

Room No.2.: Size 3.30m x 3.72m (10.82ft x 12.20ft). Window overlooking Rear.

Rent: £1,700 PCM (Payable quarterly in advance)

Premium: £25,000

Option for Freehold: £350,000

Term: Min. 5 years (Negotiable)

Deposit: Equal to 3months rent

Rent Review: Every 3 years with 10% increase.

Legal Costs: Incoming Tenant to pay legal costs for both sides.

Building Insurance: Tenant to pay for Building Insurance.

Requirements: I.D.’s, Bank Statements, References and Guarantor required.

LEASEHOLD OPTION: £25,000 PREMIUM + £1,700 PCM

FREEHOLD OPTION: £350,000

VIEWINGS BY APPOINTMENT ONLY