Retail Unit to Let

The property is of traditional blockwork construction arranged over two floors with sash wooden windows and a mono-pitched roof. The ground floor comprises a banking hall, meeting rooms, stores and a strong room. The first floor comprises of additional meeting rooms, a kitchenette and staff welfare facilities. The property benefits from 5 car parking spaces to the rear. Tenure An assignment of an existing effectively Fully Repairing and Insuring lease expiring 26th March 2027. There is a tenant only break option dated 26th March 2022. Rent The current passing rent is £18,700 per annum. The next rent review is dated 25th March 2022. Rates From information provided by the Valuation Office website we are informed that the current rateable value of the bank is £16,250. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes. The Uniform Business Rate (UBR) for England for the year 2018/2019 is 48p per pound rateable value.
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Location Description

Burnham-on-Sea is located on the North Somerset coast approximately 27 miles south west of Bristol, 9 miles west of Bridgwater and 11 miles south of Weston Super Mare. The town is easily accessed from Junction 22 of the M5 motorway. The Property is located on the northern section of Victoria Street in the centre of Burnham-on-Sea. Occupiers in the vicinity include Well Pharmacy, William Hill and Nationwide.

Sizes and Measurements

Total Size

3,182sqft

Sales Area

2,360sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

2,360sqft

Status

Available

Available from

Now

First Floor

Details

Non-Sales

Size

822sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease type

Assignment

For rent

£18,700/pa

UBR

48p

Ratable Value

£16,250.00

Business Rates

£7,800/pa

Floorplan

Photos

Map Data
Map data ©2018 Google
Map DataMap data ©2018 Google
Map data ©2018 Google
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