4-5 Cornhill, Bridgwater

Guide Price: £80,000 (OIRO)

Tenure: For Lease

Call: (0)1278 458 241 Request details

Key Details

Location

Situated in a prominent position in Bridgwater Town Centre, between the prime pedestrianised pitch of Fore Street and Cornhill adjacent to St Marys Church.

Highlights

A large Retail unit with wide frontage on 2 floors in the middle of Bridgwater. Bridgwater has a population of over 40,000 people and is growing. Substantial growth in recent years with the introduction of Morrisons Distribution Depot and Hinkley Point.

Description

The property is positioned on a key position at the top of the High Street/Fore Street, Bridgwater’s principal pedestrianised retailing thoroughfare adjacent to The Cornhill Centre Market. Nearby occupiers include: Prezzo. WH Smith, Wetherspoons, Lloyds Bank, Nat West Bank, Specsavers, Greggs, KFC, Barclays Bank, Boots, Costa, Sports Direct. As well as a number of independent retailers, Beauty Salons, Estate Agents and Solicitors.

Accommodation

The property has a Shop Frontage of 12.7M (42 ft) and comprises the following approximate Net Internal Floor Area (9,180 sqft NIA) on Ground and First Floors. The shop is serviced to the rear via an exclusive service yard providing direct access into the ground floor and a lift to the first floor. The ground floor is predominantly Retail space with the first floor providing ample storage and secure storage areas, as well as team meeting rooms, offices and WC facilities. Floor Areas – the floor measurements are as follows: Ground Floor – 5,280 sqft Loading and Storage – 350 sqft First Floor – 3,985 sqft Total Net Internal Area 9,180 sqft

Tenure

This leasehold property is offered To Let. Rent is OIRO £80,000 per annum. Available by way of a new full repairing and insuring lease for a term of years to be agreed.

Business Rates

Rateable Value: £48,750 UBR: 0.499p Rate Payable: £24,326

Local Rail Links*

0.6 miles – Bridgwater Train Station 6.4 miles – Highbridge & Burnham Train Station 8.4 miles – Taunton Train Station * Distances are approximate & sourced from Google Maps

References/Rental Deposits

Financial, accountancy and other references may be sought from any prospective tenants prior to agreement. Prospective tenants may be required to provide a rental deposit subject to landlord’s discretion.

Viewing

Strictly by appointment with sole agent at Tamlyns on 01278 454522 or email paul.reed@tamlyns.co.uk to arrange an appointment.

Legal Costs

Each party is to be responsible for their own costs incurred.

VAT

We are advised the property is not registered for VAT, therefore VAT will not be payable on the rent.

Local Authority

Sedgemoor District Council | EPC Rating: Under Assessment

Incentives

Available by negotiation.