Bourne Lincolnshire PE10 9HQ

For Lease £6,650 P.A.

Property Details

Bourne Lincolnshire PE10 9HQ

For Lease £6,650 P.A.
Description

531 Sq Ft retail unit to let in Bourne

- Lincolnshire

Vacant Unit 531 Sq Ft to let
Just off town centre between car park and North Street
Open Plan hair salon currently
Flexible terms available
Suitable for Retail or Offices

LOCATION
Positioned in the centre of Bourne with pedestrian access directly on to the main shopping street, vehicular access is off Burghley Street for deliveries and parking.
Bourne is a market town and civil parish in the South Kesteven district of Lincolnshire. Situated on the eastern slopes of the Kesteven Uplands and the western edge of the Lincolnshire Fens. The population taken at the 2001 census was 13,961, which increased to 14,456 at the 2011 census and continues to grow. There were approximately 5,424 households in Bourne as of 2007.

DESCRIPTION
The demise occupies the ground floor space within a row of mixed retail and residential properties as part of a regeneration project by South Kesteven District Council. The apartments to the upper floors have been sold on long leases whilst the commercial has been retained by the council.

ACCOMMODATION
The space within No 25 comprises open plan retail/salon area measuring approximately 531 sq ft with large window frontage and a Kitchen and Disabled Wc to the rear of the unit. There is a personnel door to the rear leading to the bin storage and fire escape route.

AMENITIES
Located in the centre of the town of Bourne, within walking distance to all High street shopping and offices. The bus station is a 5-minute walk away.

SERVICES
We are advised that all mains services are connected to the property. These services have not been inspected or tested by the agent

TERMS
Offered for Let on a minimum 3 year term with a passing rent of £6,650 + VAT per annum, the unit is vacant and available immediately. Incentives may be available by way of a short period of rent free for fit out purposes subject to status.

OUTGOINGS
The current rateable value according to the valuation office agency website is £7,700 plus VAT per annum, all enquiries relating to any relief schemes that may be available should be directed to the local billing authority.

VAT
We are advised that VAT will be chargeable on the Rent and on any Service charges and Landlords Insurance contributions required.

LEGAL COSTS
Both Parties will be responsible for their own legal costs.

SERVICE CHARGE
The service charge for the retail unit is set at 11.04% of the total building contribution which equated to £1,076.18 + VAT for 2019

PARKING NOTES
There is no parking with the property, however is located adjacent to public parking off Burghley Street.

PLANNING
The current planning allows for A1 retail use, other uses will be considered subject to planning.

OTHER
Finance may be available through Independent Financial Brokers and Moores Commercial would be pleased to make an introduction for you. The Brokers are completely Independent of Moores Commercial and will offer confidential, unbiased advice regulated by the Financial Authorities. Please ask for further details.

VIEWING
Viewing is strictly by prior appointment via the sole agents Moores Commercial Tel: 01664 431330 or via email office@moorescommercial.com

Moores Commercial offer a unique personal service helping clients with all aspects of commercial property across the Midlands