0 Bed Commercial Property To Rent

DESCRIPTION

North Northamptonshire Council are inviting applicants to register their interest in becoming the new Tenant of this detached retail unit in the town centre of Wellingborough.



THE PROPERTY

A detached retail unit of approximately 1,391sqft including a basement for ancillary storage. The property has rear and front access with ample free parking close by. Internally the property is in need of refurbishment works before being occupied, this is to be carried out by the ingoing Tenant with a rent free period granted. Rent free period to be negotiated. This building has had standard statutory compliance checks.



LOCATION

Located to the northern fringe of Wellingborough town centre, this property occupies a prominent position on Oxford Street in close proximity to Morrison's and the Swansgate Shopping Centre in an area characterised by a vibrant mix of independent retailers.



AREA

The ground floor is comprised of three rooms totalling approximately 677 sqft. The first floor comprises 5 rooms totalling approximately 714sqft. The basement comprises two storage areas totalling approximately 253sqft.





TENURE

1. The length of the lease is negotiable with a minimum term of 3 years up to 25 years.

2. The lease will be on an Full Repairing basis.

3. The tenant will be responsible for all utilities and business rates.

5. Insurance will be paid by the landlord but will be reimbursed

by the Tenant.

6. The lease will be outside the provisions of the Landlord and

Tenant Act 1954 with regards to security of tenure.





ENERGY PERFORMANCE RATING

Currently rated as a D



PLANNING

The property is in Use Class E of the Town and Country Planning (Use Classes) Order 1987 (as amended).



RENTAL

Rent is quoted at £10,000 per annum. A rent free period will be considered.



BUSINESS RATES

For further details as to the rates payable on the unit, and possible rates relief available, please contact North Northants Councils billing Team.



LEGAL FEES

A contribution of £1,200.00 towards the Legal and Surveyor fees incurred will be required prior to entering into a formal lease. There will also be a Rent Deposit of £2,500.



CONSUMER PROTECTION FROM UNFAIR TRADING REGULATIONS 2008

These particulars are given solely as a general guide and do not constitute any offer or contract. In accordance with the provisions of the Consumer Protection from Unfair Trading Regulations 2008, these particulars have been prepared having taken all reasonable steps, with all due diligence, to ensure that all material information is provided and is factual as well as accurate. Despite this, applicants must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained herein. Subject to the provisions of the Act the Council make or give no representation or warranty whatsoever in relation to this property and no legal responsibility can be taken for the statements contained in these particulars which are not to be relied upon as a statement or representation of any fact and no person in the employment of the Council has any power or authority to make any representation or warranty whatsoever in relation to this property.