High Street Retail Property to Rent, 31 Westgate, , TS14 6BG - CBRE Commercial

Overview

LEASEHOLD AVAILABLE

The property is built over ground and first floor. The ground floor comprises a large main sales area, staff accommodation, customer toilets and storage facilities while the first floor comprises additional storage space and staff areas. Tenure The premises are available by way of an assignment of the existing lease expiring 17/06/2028, with the option to break on 17/06/2023. Alternatively, the premises are available by way of a sub-lease. Rent The current passing rent is £32,500, exclusive of all other outgoings. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £31,750.00 and the rates payable are £15,843.25 pa. The UBR for 2019/2020 is 49.90p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
Less

Location Description

Guisborough is a popular market town situated on the edge of the North Yorkshire Moors approximately 9 miles south-east of Middlesbrough and 20 miles west of Whitby. It is a busy commercial and leisure destination and an attractive commuter town. The A171 bypasses the town centre. The subject property occupies a prime position on Westgate with a return frontage onto Chaloner Street. Westgate is the principle retail provision in the town. National retailers in the immediate vicinity includes Cooplands, Costa, Greggs and Boots.

Sizes and Measurements

Total Size

1,957sqft

Sales Area

1,057sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,057sqft

Status

Available

Available from

Now

1st

Details

Non-Sales

Size

900sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease End

17/06/2028

Next Lease Break

17/06/2023

Lease type

Assignment

For rent

£32,500/pa

UBR

49.9p

Rateable Value

£31,750.00

Business Rates

£15,843.25/pa

Floorplan

GUISBOROUGH 1

Photos

IMG_0670

Other properties in this area