STAMFORD ESTATE AGENTS

PAUL JOHNSON
PROPERTY CONSULTANTS & ESTATE AGENTS FOR STAMFORD, SOUTH LINCOLNSHIRE, RUTLAND, NORTHAMPTONSHIRE, CAMBRIDGESHIRE

SPECIALISTS IN RESIDENTIAL & COMMERCIAL SALES & LETTINGS

LAST UPDATED 21st September 2009

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STAMFORD
Shop
£15,000pa

DESCRIPTION:  Spacious retail premises extending to approx 1018 sq ft (94.6 sqm) on 2 floors with full width glazed display windows to the front. The property could be used for 2 separate ventures if required. The property is situated in the heart of the commercial sector of Stamford adjoining Barclays Bank and close to High Street shops and services. Broad Street hosts a vibrant weekly market on a Friday.

ACCOMMODATION:

GROUND FLOOR – 497 sq ft

Sales Area
3 Economy 7 heaters.  Wide display windows with central glazed door.  Roller shutters to front and rear.  Wooden floor. Extractor fan. Staircase to:-

LOWER GROUND FLOOR  - 521 sq ft
With glazed entrance from Silver Lane.  Wide steps and roller shutter door.  2 Economy 7 heaters.  1 electric panel heater.  Electricity meter cupboard.  Large storage shelf. Fitted carpet. Note: the walls have been "tanked" and no fittings to be screwed to the walls.

Shared Ladies & Gents WCs

Drinks machine

SERVICES:  Mains water, electricity and drainage are connected.  None of the services, heating systems or equipment has been tested by the Vendors or there letting agents and tenants should satisfy themselves as to their condition and suitability.

LEASE:  6 Year lease, rent review/break clause after 3 years. Internal repairing lease.

RENT:   £15,000 per annum plus VAT.

SERVICE CHARGE:  £1,500 + VAT to cover buildings insurance, cleaning of shared facilities, building maintenance (exterior), external decoration, etc.

BUSINESS RATES:  Rateable Value £10,500 - £5,050.50 in 2009/2010 payable to South Kesteven District Council.  Note:  The tenant may be eligible for small business rate relief please contact South Kesteven District Council for further details (01476 40 60 80).

REFERENCES:  Good references  (eg Bank, Accountant and Personal) are required from all Tenants.

DIRECTIONS: At the top of Ironmonger Street turn left into Broad Street, No 45 is on the left on the corner of Silver Lane, next to Barclays Bank.

INSPECTION:  Easily arranged by prior appointment through Paul Johnson Property Consultants.  If you are travelling a long distance, please telephone before departure to ensure the property is still available.

INTERESTED?  All offers and negotiations to be conducted through Paul Johnson Property Consultants, subject to contract.
C2558 - 110409