Retail premises to let

Location

The property occupies a prominent position, at the junction of Otley Road, and Bank Street, on the edge of Shipley Town Centre.

The building is in a high profile position with the benefit of the substantial volumes of passing traffic on Otley Road, but also benefitting from being close to the Town Centre, Market Square etc.

Nearby occupiers include Subway, Salvation Army Donation Centre, Doyles Fisheries, Home Bargains, The Sir Norman Rae (jd Wetherspoon Public House), Santander and The Shipley Conservative Club

Description

The property comprises the first floor of a two-storey building, extending over the landlord’s furniture store, and having the availability of a separate access from Otley Road, and means of escape to the rear of the building.

The space, which is lofty, open plan, already has the benefit of staff, and toilet facilities, as well as access to a good hoist.

Accommodation

According to our measurements taken on site, the property offers the following gross internal floor areas:-

First Floor 426.33 sqm (4,589 sqft)

Approximate Total Gross
Internal Floor Area 426.33 sqm (4,589 sqft)

Services

The property benefits from the provision of mains electric, water and drainage.

Please Note: None of these services have been tested and prospective tenants are advised to satisfy themselves as to their condition and type.

Outgoings

We understand the property to be assessed as a whole for Uniform Business Rates as follows and will need reassessing upon occupation.

The Uniform Business Rate for 2023/2024 is 51.2 pence in the £.

Due to transitional relief provisions, the rates payable may have no relation to the rateable value. Interested parties are advised to check with the Local Rating Authority as to the current rates liability.

Terms

The property is available to let by way of a new effective full repairing and insuring lease for a term to be agreed. Any term in excess of 3 years will incorporate regular upward only rent reviews.

Rental

£25,000 pa Excl Plus VAT, payable quarterly in advance. Subject to Lease

Legal costs

Each party to be responsible for their own legal costs incurred in the transaction.

Energy performance certificate

The Energy Performance Certificate (EPC) rating for the property is:-

E - 106

VAT

All prices and rentals quoted are exclusive of any VAT liability - if applicable.

Anti-money laundering

In accordance with Anti-Money Laundering Regulations, two forms of id and confirmation of the source of funding will be required from the successful tenant.