RETAIL UNIT TO LET

The property comprises a three-story terrace building constructed of stone and brick under a pitched roof. The ground floor comprises a banking hall and back office and welfare functions along with access to the rear of the property. The upper floors provide separately accessed office accommodation. Tenure An assignment of an existing effectively Fully Repairing and Insuring lease expiring 21st May 2028. There is a tenant only break option dated 21st May 2023. Rent The current passing rent is £13,000 per annum. The next rent review is dated 24th June 2022. Rates From information provided by the Valuation Office website we are informed that the current rateable value of the bank is £9,000. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.
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Location Description

Knighton is a market town situated chiefly in Powys, Wales, within the historic county boundaries of Radnorshire. Lying on the River Teme the town straddles the English-Welsh border; Knighton railway station, as well as a small part of the town's built-up area, is located in Shropshire. The subject property is located on Broad Street, the towns principle shopping thoroughfare. The Street runs approximately 200 metres from West to East and consists of local retailers, pubs and businesses.

Sizes and Measurements

Total Size

2,399sqft

Sales Area

875sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

875sqft

Status

Available

Available from

Now

First Floor

Details

Non-Sales

Size

702sqft

Status

Available

Available from

Immediately

Second Floor

Details

Non-Sales

Size

438sqft

Status

Available

Available from

Immediately

Basement

Details

Non-Sales

Size

384sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease type

Assignment

For rent

£13,000/pa

Ratable Value

£9,000.00

Specification

  • Prominent Corner Building
  • Principle Shopping Thoroughfare
  • Rear Access

Floorplan

KNIGHTON_ BROAD STREET 8

Photos

KNIGHTON_ BROAD STREET 8

Map Data
Map data ©2019 Google
Map DataMap data ©2019 Google
Map data ©2019 Google
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