Exchange Road

LOCATION
Located to the south west of the City just off Doddington Road in a mixed commercial location this versatile unit is available either freehold or leasehold.

DESCRIPTION
A former catering unit to the ground floor with a sales area, counter and small area suitable for seating. Preparation area and store, boiler cupboard and w.c. and shower room. To the first floor there is a large area which could be used as offices/storage. The whole could be used as office/retails sales subject to planning

ACCOMMODATION
Ground floor sales area 229 sq. ft (21.3sq.m)
Kitchen/Preparation area 168 sq. ft (15.6sq.m)
Storeroom 1 48 sq. ft. (4.5 sq. m)
Storeroom 2 45 sq. ft. (4.2 sq. m)
First floor office 131 sq. ft (12.2 sq. m)
Disabled w.c. and shower room

SERVICES
Mains electricity, water, drainage and gas are connected to the property.

TERMS
The property is available either freehold or leasehold. The new lease is for a period of 5 years at an initial rent of £12,500 per annum exclusive plus VAT. The lease is to be on FRI terms. The purchase price for the property is £220,000 plus VAT The ingoing tenant will be responsible for the landlrods legal costs in the preparation of the lease

VAT
VAT will be charged on both the purchase and the rent

LEGAL COSTS
The ingoing tenant will be responsible for the landlords legal costs in the preparation of the lease

PARKING NOTES
Approximately 5 spaces to the side of the property

VIEWING
By appointment through the Agents office