Other Details

Accomodation

Comprising shop front premises laid out in clear space with external WC and pedestrianised access for deliveries via a serviced road. APPROXIMATE NET INTERNAL FLOOR AREAS ARE AS FOLLOWS: Gross Frontage: 14 ft 3 ins (4.34m) Shop Depth: 41 ft 3 ins (12.57m) Shop Width: 13 ft 3 ins (4.03m) Sales Area: 547 sq ft (50.87m2) APPROXIMATE NET INTERNAL FLOOR AREAS ARE AS FOLLOWS: Gross Frontage: 14sq.ft 3ins (4.34m)......Shop Depth: 41sq.ft 3ins (12.57m)...Shop Width: 13sq.ft 3ins (4.03m)...*Sales Area: 452 sq.ft (42.03m2) *PLEASE NOTE - THAT IN ORDER TO FACILITATE THE DEVELOPMENT OF THE UPPER PARTS THE SALES AREA WILL BE REDUCED TO 452 SQ FT. NEW GOVERNMENT LEGISLATION: In light of the Governments recent change of legislation, from 1st September 2020, those properties previously referred to as being (A1), (A2), (A3), (B1a) & (D2) Leisure uses are now within a newly created E Class (Commercial, Business & Services). As a result, any shop front premises can be used for any of the aforementioned use without the need for Planning Permission. In addition, a single property can be used for a mix of any the above. Any property in use within Class A1,A2, A3, B1(a) or indoor Sports/ recreation (d2) as of 1st September will be treated as being used for a purpose within the new Class E. (A4/A5) uses have now been moved to Sui Generis & require a change of use as was previously necessary. Learning & non-residential institutions previously referred to as (D1) are now in a new Class F1. Whilst the above is provided in good faith, parties are advised to take legal advice as, in certain cases, Local Authorities may adopt an Article 4 which might restrict some of the provisions.

Amenities

Suspended Ceiling Fluorescent Tube Lighting Laminate Wood Flooring Glazed Shop FrontElectric Shutter

Lease

Occupational Term: The property is to be made available by way of an Annual Licence Agreement. Alternatively a new FRI Lease can be made available for a term of 3 years, granted outside the provisions of the Landlord & Tenant Act & subject to a Landlord option to Break at the end of the 2nd year subject to serving 6 months prior written Notice.

Rent

£12,500 pax paid quarterly in advance.

Rates

Rateable Value 2019/2020: £7,300... Rates Payable 2019/2020: £3642.70...No rates are payable until 31/3/21 at the earliest regardless of the RV. If occupying a single property only, with an RV up to £12,000 the Rates exemption is extended until 31/3/22 at the earliest.

Legal Costs

Both parties reasonable legal costs incurred in this transaction are to be borne by the ingoing Tenant.

Possession

Immediate Upon Completion

Viewing

Strictly by appointment through sole agents Bennett Phillips Luton | 0208 501 3000 Contact Marc Luton at marc@bennettphillips.com