Lock-up shop on newly constructed local centre site. Approx 932 sq ft (86.6 sq m)
Adjacent to convenience store
Excellent trading potential
Catchment of expanding housing developments and existing business parks
Knights Court is situated just north of The Portway and forms part of a new development by Persimmon Homes/Charles Church and includes some 16 apartments on the upper floors of the commercial block. There are some 1,000 new homes in the immediate vicinity with further development planned in the near future and Knights Court therefore offers excellent trading potential serving the nearby residential community and also the established commercial centres to the south of The Portway.
The premises comprise two adjacent lock-up shops situated on this new local centre which includes one and two bedroom apartments on the upper floors. The
4,000 sq ft retail unit in the adjacent block has been let to a national convenience store operator.
Each of the units are to be let in shell specification to include screed floor, blockwork walls, fitted glazed shop front and (disabled) WC together with mains gas, water and electricity. Each shop will be allocated one parking space. There is also shared customer car parking.
Approximate Gross Internal Areas
Ground floor 86.6 932
The premises are available on a new full repairing and insuring lease for a term to be agreed.
Agents Note: - Uses are restricted to A1 (retail) uses and we are further advised that hair/beauty salon uses will not be acceptable.
£13,500 per annum
Rent is exclusive of VAT, business rates, buildings insurance, estate service charge and all other outgoings.
A service charge will be levied by the landlord to cover the maintenance of the main structure of the property together with common areas of the development including landscaping, communal lighting, the car park and any other outgoings to ensure the good upkeep of the development.
Rateable Value - to be assessed.
We understand that all mains services are connected to the unit.
Woolley and Wallis Commercial have not tested the services mentioned in these particulars.
Prospective tenants must satisfy themselves as to the permitted planning uses for the property and also whether VAT is applicable to this transaction.
Both parties reasonable legal costs are to be borne by the ingoing tenant.
Code of Practice
You should be aware that the Code of Practice on commercial leases in England and Wales recommends that you seek professional advice from a qualified Surveyor, Solicitor or Licensed Conveyancer before agreeing or signing a business tenancy agreement. The code is available from professional institutions and trade associations or through the website www.commercialleasecodeew.co.uk.
Financial and accountancy references may be sought from any prospective tenant prior to agreement.