The property is situated at the Parker's Piece end of Mill Road, a bust ling cosmopolitan retail artery that connects the inner and outer ring roads. It is the first retail unit in the street making it within walking distance of the City Centre.
The property is available on a new effectively full repairing and insuring lease outside the Landlord and Tenant Act 1954 for a term of years to be agreed.
£28,500 per annum exclusive of business rates and VAT payable quarterly in advance and subject to 5 yearly upward only rent reviews.
The Valuation Office Agency assessment on their website
(www.voa.gov.uk) is as follows:
Rateable Value £21,750
UBR 2019/20 49.1p
However, interested parties are advised to make their own enquiries of the City Council.
Each party is to be responsible for their own legal costs incurred in the transaction.
Details available on request.
the premises offer a rare opportunity to acquire a larger modern unit in this location and are arranged on ground floor only with the following approximate dimensions and areas:
Frontage 27 ft 1 ins 8.25 m
Internal Width 25 ft 8 ins 7.83 m
Shop Depth 50 ft 3 ins 15.32 m
Ground Floor 1,208 sq ft 112.22 m
Kitchenette 15 sq ft 1.39 m
the unit benefits from WC and rear loading facilities. In addition, a car parking space is available on licence at £1,000 p/a at the rear.
Enquiries and viewings