Rent: £11,593 - £11,593
Region: Cumbria
Town/City: Barrow in Furness
SITUATION
The property sits within a small retail parade within the heart of the Hindpoolresidential area of Barrow in Furness, approximately 1-mile North East of the town centre.
ACCOMMODATION
Arranged over ground floor only with rear stores/kitchen and customer/staff WC facilities. The first floor is made up of a residential flat, which can be sublet.
Internal Width (average) | 7.62m | 25’0“ |
Built Depth | 7.26m | 23’10” |
Ground Floor Sales | 56m² | 599ft² |
Rear Stores/Staff Kitchen | 11m² | 116ft² |
Customer WC’s | 9m2 | 101ft2 |
LEASE TERMS
The premises are occupied by way of an existing effective FRI lease expiring 23rd September 2031 at a passing rental of £11,593 per annum exclusive. The next rent review is due 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 C (66). A copy of the EPC is available upon request.
BUSINESS RATES
Rateable Value | £7,600 |
2020/2021 UBR | £0.499 |
Estimated Rates Payable | £3,790 |
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.
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: £7600
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