Retail unit to let in Chard Somerset

Retail Unit to let - Boden Street, Chard, UK

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

Retail unit to let in Chard Somerset
LOCATION ­ TA20 2AX
The property is situated in the centre of the popular Somerset market town Chard and located off the main high street (Fore Street) on the corner of Boden Street with Commercial Row. Chard has a population of some 13,000 persons as at the 2011 census however, the town is undergoing regeneration with development plans for 1,700 new homes by 2026.
DESCRIPTION
The property comprises a purpose­built supermarket adjoining a customer car park providing some 54 spaces on a total site area of circa 0.86 acres (0.35 hectares).
Lidl have applied for planning to relocate within Chard and subject to permission it is anticipated that their existing store on Boden Street will be available by the spring 2019.
ACCOMMODATION
The accommodation is wholly on the ground floor with the following approximate gross internal areas.
Ground floor 13,495 sq ft (1,253 sq m)
TENURE AND TERMS
The property is freehold and is being offered on a new FRI lease for a minimum period of 10 years at a commencing rental of £135,000 per annum exclusive.
The sale of the freehold will be also be considered.
VAT
We understand the property has been elected for VAT purposes.
RATES
Rateable Value: £144,000.00
UBR 0.48p
Rates Payable: £68,976.00
Please verify the actual rates payable with the local authority
PLANNING
The property has A1 food planning permission.
Interested parties are advised to verify the planning permission with the local authority and the potential of alternative uses, if required.
LEGAL COSTS
Each party to be responsible for their own legal costs incurred in any transaction.

Area
13495 sq ft
Security Shutters
No
Use
A1 (Retail)
Location
City/Town Centre
Minimum Availability
12 Months
Price per annum
£135000
Location
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