Rent: £95,000 - £95,000
Region: North Yorkshire
The City of York is an internationally recognised heritage and cultural centre and tourist destination. It has a resident population of 200,000 but draws from and extensive and relatively affluent catchment across the Vale of York and beyond. As well as York Minster and the City Walls and Castle, York has a wealth of tourist and cultural attractions and has a substantial University population too.
The property is located in Low Petergate, a popular location for quality retail outlets and restaurants. The shop is located between the intersection with Stonegate and Goodramgate and forms part of a redevelopment undertaken around 2005 and providing this and four other retail units with residential accommodation above. There are some significant high end retailers close by including Jo Jo Maman Bebe, Crew Clothing, Neals Yard, L’Occitanne, Mint Velvet and Reiss as well and a number of quality restaurants including Cote Brasserie, Café Rouge, Wildwood, Waygu and Vecchio Scuola.
The property comprises a ground floor lock up retail shop fitted to a very high standard. The property is Listed Grade II. In its present format the accommodation is fitted with separate storage areas, staff room, small office and 3 fitting rooms all on Ground floor area and created by stud partitioning. The main retail area is air conditioned with tiled floor finish, modern ceiling and lighting. The shop front is of a traditional style incorporating a double door entrance.
|Net Frontage||5.75 m||18’ 10”|
|Internal Width||6.65 m||21’ 10”|
|Shop Depth||29.89 m||98’ 00”|
|Ground Floor NIA||192.33 m²||2,070 sq ft|
The premises are available on a new lease on a Full Repairing and Insuring basis via a service charge mechanism and incorporating 5 yearly upward only rent reviews.
Offers in the region of £95,000pa are invited.
RATES & SERVICE CHARGE
According to the Valuation Office website the premises are assessed for rating purposes as follows:-
The 2019/20 Uniform Business Rate is 50.4p in the £. Actual rates payable may be subject to transitional relief and is sometimes subject to individual circumstances so it is important to verify the actual rates payable with York City Council direct.
Each party to be responsible for their own legal costs incurred in connection with any transaction.
ENERGY PERFORMANCE CERTIFICATE
As the property is Listed there is no requirement to provide an Energy Performance Certificate.
All figures quoted in these terms are exclusive of VAT where chargeable
Strictly by appointment with @retail:
Bob Fletcher 0191 280 4238
Pete Townsend 0191 280 4239
Property type: Retail
Rateable value: £78,000
Planning use: A1
Download property details document
Get in touch with our local expert consultants to start a discussion about your requirements.
© Copyright 2020
Site delivered by Cargo Creative