FOUNTAIN COURT
£10,500 pa
- RARE OPPORTUNITY
- SMART RETAIL PREMISES
- APPROX 411 SQ FT
- SITUATED IN A BUSY THOROUGHFARE
- DUAL ASPECT WINDOW DISPLAY
- KITCHEN AND WC FACILITIES
A RARE OPPORTUNITY TO ACQUIRE THESE SMART RETAIL PREMISES, SITUATED IN AN ATTRACTIVE COMMERCIAL COURTYARD JUST OFF THE TOWN CENTRE. THIS POPULAR COURTYARD HAS AN EXCELLENT MIX OF BUSINESSES AND PROVIDES A BUSY THOROUGHFARE LINKING THE HIGH STREET TO EAST STREET. THE PREMISES FEATURE A DUAL ASPECT WINDOW DISPLAY AND COMPRISE APPROX 411 SQ FT, INCORPORATING KITCHEN AND WC FACILITIES. FURTHER BENEFITS INCLUDE AIR CONDITIONING/HEATING AND PUBLIC PARKING IN THE ADJACENT CAR PARK.
TERMS
LEASE: By way of an Assignment of the reversionary lease granted 01/09/2021, extending the term to 31/03/2028.
DEPOSIT: Equal to 3 months� rent.
RENT REVIEW: 31/03/2025
BREAK CLAUSE: 31/03/2026
SERVICE CHARGE: £1,276.00 per annum including VAT, payable quarterly. This represents 19.5% of the total courtyard costs, which include Buildings Insurance, general maintenance/repairs, exterior electricity and CCTV.
COMMERCIAL BUSINESS RATES: Rateable value £9,600.00 per annum
Payable £4,790.40 per annum
However, the premises do qualify for small business relief and a 100% exemption may be applicable subject to the status of the tenant.
DEPOSIT: Equal to 3 months� rent.
RENT REVIEW: 31/03/2025
BREAK CLAUSE: 31/03/2026
SERVICE CHARGE: £1,276.00 per annum including VAT, payable quarterly. This represents 19.5% of the total courtyard costs, which include Buildings Insurance, general maintenance/repairs, exterior electricity and CCTV.
COMMERCIAL BUSINESS RATES: Rateable value £9,600.00 per annum
Payable £4,790.40 per annum
However, the premises do qualify for small business relief and a 100% exemption may be applicable subject to the status of the tenant.
Map
Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective tenant.
