<iframe src="//www.googletagmanager.com/ns.html?id=GTM-P9BVPZL" height="0" width="0" style="display:none;visibility:hidden" ></iframe> High Street Retail Property to Rent, 29 Sandford Avenue, , SY6 6BP - CBRE Commercial

Overview

Leasehold Available in Prime and Prominent Town Location

The available space comprises ground floor and mezzanine accommodation. Tenure The property is held on an FRI lease expiring 21st May 2028. There is a tenant only break clause on 22nd May 2023. Next rent review is on 24th June 2022. Further details available on request. Rent The current rent is £10,300 per annum exclusive. Terms The property is available by way of an assignment of the existing lease expiring on 21st May 2028. Alternatively, a sublease is available up to May 2023.  Offers are invited in respect of Barclays’ leasehold interest. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £7,500.00 and the rates payable are £3,600.00 pa. The UBR for 2018/2019 is 48.00p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

Church Stretton is a market town in South Shropshire, located 13 miles south Shrewsbury and 15 miles north Ludlow and 25 miles south west of Telford.  The premises occupy a prime and prominent position on the north side of Sandford Avenue at its junction with Beaumont Road.  National multiples nearby are Severn Hospice, TSB and British Red Cross Shop.

Sizes and Measurements

Total Size

1,600sqft

Sales Area

713sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

713sqft

Status

Available

Available from

Now

Ground Floor/Mezzanine Ancillary

Details

Non-Sales

Size

717sqft

Status

Available

Available from

Immediately

External Store

Details

Non-Sales

Size

170sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease End

21/05/2018

Next Rent Review

24/06/2022

Next Lease Break

22/05/2023

Lease type

Assignment

For rent

£10,300/pa

UBR

48p

Rateable Value

£7,500.00

Business Rates

£3,600/pa

Specification

  • Leasehold Available
  • Various Uses Permitted
  • Subject to Planning

Photos

CHURCH STRETTON IMAGE

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