Skip to content
Barrow in Furness, 203 Ainslie Street

Rent: £22,744 - £22,744

Region: Cumbria

Town/City: Barrow in Furness


SITUATION
The property sits prominently on Ainslie Street, which is located north of the town centre, on a link road to the north via the A590. The immediate surrounding area is made up of largely residential accommodation. The first floor of the property comprises of two flats, which are currently occupied, further details on the rental income are available upon request.

 

ACCOMMODATION
Arranged over ground floor with customer WC facilities and staff kitchen/WC facilities at the rear.

Internal Width 11.10m 36’5“
Shop Depth (max) 7.30m 23’11”
 Ground Floor Sales 83m² 897ft²
Staff WC/Kitchen 8m² 84ft²

LEASE TERMS
The premises are occupied by way of an existing effective FRI lease expiring 23rd September 2031 at a passing rental of £22,744 per annum exclusive. Next rent review is 24th September 2021.
Sub Leases and Short-Term Deals will be considered subject to negotiation.

 

EPC
The property has an Energy Performance Certificate of Band B (44). A copy of the EPC is available upon request.

 

BUSINESS RATES

Rateable Value £10,500
2020/2021 UBR £0.499
Estimated Rates Payable £5,240

Given the Rateable Value is below £12,000, the current rates relief for the property equates to 100% discount for most occupiers. Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.

 

COSTS
Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of VAT and other charges where applicable.

 

VIEWING
For enquiries, viewing, and general information, please contact:
Jonathan Chapman
E: jonathan@atretail.co.uk
T: 0191 280 4237
M: 07949 938210

Property type: Retail

Rateable value: £10500

Talk to us about retail property

Get in touch with our local expert consultants to start a discussion about your requirements.

Contact us now