LANDLORD & TENANT
About this property:
***No Business Rates payable on this property***
until at least 31st March 2021 in conjunction with the Government’s Business Rates Holiday scheme.
**AVAILABLE AS A WHOLE OR GROUND FLOOR BASIS ONLY**
An exciting opportunity to rent an attractive prime retail unit positioned close to other national retailers including; WH Smith, Cotswold, Boots and Stormfront.
Unit 55-57 English Street (ex River Island) provides a generous ground floor sales area of rectangular shape with extensive glazed frontage and DDA access to English Street. In addition, an integral stairwell from the sales area provides access to first floor sales with a stock room and staff room. Further ancillary storage areas are provided at second floor level.
Suitable for a variety of A1, A2, A3, A4 and A5 uses, subject to planning.
No 59 English Street is part of the same building and is LET to Combu B Limited trading as Stormfront.
55-57 English Street Areas:
Ground Floor Sales 1,979 sq ft (183.86 sq m)
Sales ITZA 929 sq ft (86.31 sq m)
First Floor Sales 1,637 sq ft (152.08 sq m)
First Floor Stock Room 450 sq ft (41.81 sq m)
Staff Room 172 sq ft (15.98 sq m)
Ancillary 2,469 sq ft (229.38 sq m)
Unit 55-57 English Street is available TO LET on a new full repairing and insuring lease, subject to possession, for a term of years to be greed. Rent: £40,000 p.a.
55-57 English Street: Offers in the region of £475,000 are invited for the freehold interest with vacant possession.
Alternatively, consideration would be given to the sale of the whole building including No.59 English Street, which is currently let to Compu B (t/a Stormfront) on a new lease for a term of 10 years wef August 2020 at a rent of £40,000 per annum exclusive.
On this basis, offers in the region of £750,000 are invited for the whole property (55,57 & 59 English Street) for the freehold investment.
Terms: Rent:£40,000 p.a.
Size: 623.11 m² (6707 ft²)
Postcode: CA3 8JU
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