1000 Square Feet
The ground floor retail premises are accessed off Dolphin Drive/Parkside Drive, within a large residential area benefiting from new link roads.
The retail unit is in a basic shell condition with a stud partition dividing the sales and storge areas. These areas could be enlarged with the removal of the stud wall.
In our opinion the premises could suit (subject to any necessary consents) an estate agency, beauty/hair salon, hardware store etc.
Floor to ceiling height 3m.
3 phase electric.
External caged store.
Timber framed double shop front.
Current sales area 5.34m wide x 7.69m deep.
Current stores area 5.34m wide x 8.74m deep, including twin w/c and kitchenette.
NOTEOur client will place a restriction within the contract such that the occupant of the premises cannot compete with the trade of the adjacent Nisa store, nor the nearby Go Houghton hot food facility.
The premises are available to lease for a term to be agreed at £12,500.00 per annum exclusive.
Alternatively our client’s ground lease, which commenced on 08 November 1991, for 125 years at a peppercorn ground rent (£10.00 per annum) is available to purchase for £160,000.00.
Rateable Value: -
We have verbally been informed by Central Bedfordshire Council that the rateable value is £5,200.00.