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Kings Road East, Swanage, 570.00 sqft For Sale
Asking Price £8,500
Leasehold lock-up shop unit held on a five year lease (excluded from 1954 Act). Communal lessee toilets and dustbin area. Tenant only break clauses. Available from 01/01/2020. N.B.: THIS UNIT COULD BE SPLIT INTO TWO SMALLER UNITS AVAILABLE AT £4500 each. Full details on request.
- Leasehold lock-up shop unit
- 5 year lease
- Tenant only break clauses
- Communal lessees W.C.
- Full details on request
Within Swanage town centre just off the High Street almost adjacent the town library and nearly opposite Lloyds Bank.
A lock-up shop unit within a block purpose-built in 2011 comprising this unit and five other shops to the ground floor, with residential flats to the upper two floors. The property can be split into two smaller units each of which would be available at £4,500 per annum. Possession by agreement.
Communal toilets for the use of the shop tenants only. Dustbin store.
Overall dimensions of 31’6” (9.61m) x 19’4” (5.88m). Double unit with two entrance doors, which could be split into two smaller units that would be available separately and individually.
Electric and water connected to each unit. N.B. Any services or appliances mentioned have not been tested by Miles and Son.
TENURE & MAINTENANCE:
Five year lease (excluded from the 1954 Act) with tenant only break clauses at 1.5, 2.5 and 3.5 years, subject to six months written notice. The rent is payable quarterly in advance with the tenant to provide the equivalent of six month’s rent as a deposit secure by a rent deposit deed. In addition there will be a service charge to cover a proportion of the buildings insurance and cleaning of the open mall area.
Any interested applicants will need to confirm with Purbeck District Council the rateable value and the rates payable for the premises, and whether there may be an adjustment for small business rates relief.
By appointment only please, with the Agents MILES & SON. Our office is open Monday-Friday 9.00am-5.30 pm and Saturday 9.00am-4pm April-October inclusive, 9.00am-12.30 pm at other times. Lunchtimes included.
THE PROPERTY MISDESCRIPTION ACT 1991:
These particulars have been prepared to the best of our knowledge and belief in accordance with the Act and they shall not constitute an offer or the basis of any contract. Our inspection of the property was purely to prepare these particulars and no form of survey, structural or otherwise was carried out. Defects and/or other matters may be revealed on a survey carried out on your instructions. Room measurements, taken in accordance with the RICS recommended practice, to the nearest three inches. Site measurements where given, are approximate and intended only as a guide as obstacles may well have prevented accuracy. An appointment to view should be made and all negotiations conducted through Miles & Son.