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19 King Street

19 King Street

£95,000

Size / 982 Sq Ft

AAA PRIME RETAIL UNIT

LOCATION

The property is located on the Southern side of the prime retailing, pedestrianised precinct, namely King Street.

More specifically, the property is situated opposite Flannels and Sports Direct, with nearby occupiers including Voisins Department Store, HSBC, Hettich, Fotosound, Pandora, Shoezone, Accessorize and Monsoon, to name but a few.

We attach a location plan for reference purposes.

DESCRIPTION

The property comprises a four storey mid-terrace building providing good quality efficient retail space on the ground floor, with storage and staff facilities on the upper floors.

The property also benefits from a return frontage onto Vine Street, which provides suitable delivery access away from King Street itself.

ACCOMMODATION

The accommodation and approximate Net Internal Areas are as follows:

Ground Floor Retail 982 sq.ft. (ITZA 776.5 sq.ft.)

First Floor Storage 637 sq.ft.

Second Floor Storage and Staff Facilities 650 sq.ft.

Third Floor Storage (above 5 ft. headroom) 477 sq.ft.

Maximum Shop Width 20 ft.

Maximum Shop Depth 63 ft.

TENURE

The premises are available by way of a new 9-year internal repairing lease, with the Lessee being responsible for all rates, both Foncier and Occupier, building insurance and keeping of both shop fronts in good order. Rent reviews are 3 yearly in line with JCOL.

The Landlord is responsible for keeping the building in good structural order and wind and watertight throughout the duration of the tenancy.

RENTAL

Asking rental £95,000 per annum. The asking rental equates to an approximate Zone A rate of only £105 per sq.ft.

Please call Sarre & Co on 888 848. Please note that all areas and measurements given in these particulars are approximate and rounded. The text, photographs and floor plans are for general guidance only.

Once an offer is accepted and negotiations for the purchase of a property are entered into, the prospective purchasers will be asked to produce photographic identification (passport or driving licence) and proof of residency documentation eg, a current utility bill together with confirmation of source of funds. This is in order for us to comply with the current Money Laundering Legislation.

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982

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