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LET AGREEDCOMMERCIAL

Fountain Court

£875 pcm
£10,500 pa
Stephen Oakley & Co, Olney

Letting details

Let available date:
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Let type:
Long term
PROPERTY TYPE

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SIZE

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Key features

  • RARE OPPORTUNITY
  • SMART RETAIL PREMISES
  • APPROX 411 SQ FT
  • SITUATED IN A BUSY THOROUGHFARE
  • DUAL ASPECT WINDOW DISPLAY
  • KITCHEN AND WC FACILITIES

Description

A RARE OPPORTUNITY TO ACQUIRE THESE SMART RETAIL PREMISES, SITUATED IN AN ATTRACTIVE COMMERCIAL COURTYARD JUST OFF THE TOWN CENTRE. THIS POPULAR COURTYARD HAS AN EXCELLENT MIX OF BUSINESSES AND PROVIDES A BUSY THOROUGHFARE LINKING THE HIGH STREET TO EAST STREET. THE PREMISES FEATURE A DUAL ASPECT WINDOW DISPLAY AND COMPRISE APPROX 411 SQ FT, INCORPORATING KITCHEN AND WC FACILITIES. FURTHER BENEFITS INCLUDE AIR CONDITIONING/HEATING AND PUBLIC PARKING IN THE ADJACENT CAR PARK.

TERMS

LEASE: By way of an Assignment of the reversionary lease granted 01/09/2021, extending the term to 31/03/2028.

DEPOSIT: Equal to 3 months’ rent.

RENT REVIEW: 31/03/2025

BREAK CLAUSE: 31/03/2026

SERVICE CHARGE: £1,276.00 per annum including VAT, payable quarterly. This represents 19.5% of the total courtyard costs, which include Buildings Insurance, general maintenance/repairs, exterior electricity and CCTV.

COMMERCIAL BUSINESS RATES: Rateable value £9,600.00 per annum
Payable £4,790.40 per annum
However, the premises do qualify for small business relief and a 100% exemption may be applicable subject to the status of the tenant.

Brochures

Brochure

Fountain Court

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wolverton Station7.5 miles
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About Stephen Oakley & Co, Olney

35 High Street Olney MK46 4EB
Industry affiliations:

Stephen Oakley & Co, are an established independant estate agency, providing a professional service for selling all types of property from a one bedroom flat to a substantial country home.

In addition, we have a rental department specialising in the letting and management of residential properties.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference C6399. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Stephen Oakley & Co, Olney. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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