Retail store to let in Lydney Gloucestershire

Retail store to let - Hams Road, Lydney, UK

Facilities
  • 24 hr Access
  • Retail Use
  • Self contained premises
Description

Retail store to let in Lydney Gloucestershire.
LOCATION ­ GL15 5PE
The property is situated to the east of Lydney town centre off the main high street and adjoining the local bus station on Hams Road. The single­ storey property is of modern construction under a pitched roof with facing brick elevations and an enclosed entrance canopy facing the customer car park, which is surface level and provides some 130 spaces.
ACCOMMODATION
The retail accommodation is wholly on the ground floor, together with ancillary storage and offices.
Ground floor (GIA) 1,352 sq m (14,553 sq ft)
TENURE AND TERMS
The property is held on a FRI lease expiring 6 April 2035 at a current rental of £176,966 per annum exclusive. The property is available on a sub­ lease at a significant reduced rent of £100,000 per annum exclusive.
VAT
We understand the property has been elected for VAT purposes.
RATES
Rateable Value: £108,000.00
UBR 47.90p
Rates Payable: £51,732.00
Please verify the rates payable with the local authority.
PLANNING
The property has open A1 retail planning permission.
Interested parties are advised to verify the planning permission with the local planning authority.
LEGAL COSTS
Each party to be responsible for their own legal costs incurred in any transaction.

Area
14553 sq ft
Security Shutters
No
Use
A1 (Retail)
Location
City/Town Centre
Minimum Availability
12 Months
Price per annum
£176996
Location
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