High Street Retail Property for rent

Retail Premises, 99 High Street, Sidmouth, Devon, 8La, Sidmouth EX10


£13,500 per year
£1,125 per month
630 ft²

Features

  • Unfurnished

Description

Situation and description

The premises occupy a prominent location at the top end of High Street. Sidmouth is a highly regarded and elegant East Devon coastal resort. The town is a vibrant mixture of small local specialist shops, well-tended parks and pretty beaches. Sidmouth offers ease of access to the bustling Cathedral City of Exeter, its airport and mainline railway station and the M5 motorway. Amenities within the town include two supermarkets including a Waitrose Store, a cinema, theatre, library and health centre with a wide range of retail outlets including local traders plus regional and national Retailers.

The property is currently trading as a Vape Shop, and benefits from a good fit out including an Office at the rear of the retail area, plus a large Store or preparation room plus a Kitchen and Toilet. The premises would suit a variety of potential uses including a retail use, professional office or for a hair and beauty salon.
Accommodation

Brief details of the accommodation with approximate maximum internal dimensions are as follows:-

Retail Area 10.83m x 3.35 (35'6 x 10'11) max
Slightly irregular shaped shop with large glazed window and glazed entrance door. Suspended ceiling with integrated strip lighting. Wall mounted electric heater. Carpeted. Spot lighting. Part slat boarded wall.

Office 2.75m x 2.66m (9'0 x 8'9) max
Glazed partition to the retail area with integrated blind. Carpeted. Suspended ceiling with integrated strip lighting. Power as fitted.

Store Room 3.02m x 2.36m (9'11 x 7'9) max
To the rear of the retail area is a useful storage, preparation or packing and despatch room. Power points and strip lighting as fitted. Carpeted. Overhead roof light providing natural light. Leading from this room is a …….

Kitchen 3.72 x 2.51m (12'2 x 8'3) max
Range of base units with worktop and inset stainless steel sink unt with single drainer. Electric water heater over. Window.

Toilet
Low level WC suite with wash hand basin.
Rent

£13,500 per annum exclusive payable quarterly in advance. The tenant will also contribute towards the Buildings Insurance on a pro-rata basis.
Tenure

The premises are available on a new 6 year lease with a rent review and tenant only break clause at the end of the third year. The landlord will be responsible for the external repairs and decorations with the tenant only therefore responsible for the internal repairs and decorations. The lease will be contracted outside of the Landlord and Tenant Act 1954 Part 11
Service charge

A small service charge is payable for the premises in the sum of £520 per annum towards the external maintenance and any shared services etc.
Business rates

Rateable Value: - £12,000 2017 Valuation List

We understand that qualifying businesses could benefit from a rate reduction of up to 100% under the Small Business Rate Relief scheme. To see if you or these premises qualify for this discount, please contact East Devon District Council on .
Services

Mains water, drainage and electricity are available to the premises.
Energy performance certificate

A Commercial EPC has been obtained, a summary is shown below with a full version available to download from the web site. The rating is: E 120
Legal costs

The incoming tenant is to contribute £350 plus VAT towards the Landlords legal costs incurred in the preparation of the lease.
Viewing

Strictly by prior appointment only with the sole agent, for the attention of Tony Noon Ref (0638)

Categories

High Street Retail Property
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Property reference
RP03251_26