The premises are located fronting Market Street with an excellent mix of regional and national retailers in the immediate vicinity including, Royal Bank of Scotland, McDonalds, 200 Degrees, George Tarratt Jewellers, Fat Face and White Stuff.
The former Fenwick department store is to be redeveloped incorporating 4 x ground floor restaurants, a basement gym and a 96 x bed Aparthotel on the upper floors.
The premises comprise a ground floor retail unit with disabled wc, a fitted kitchen and stores in the basement, 1st floor seating and additional storage on the 3rd floor. The following approximate floor areas are applicable:
Ground Floor 604 sq ft 56.1 sq m
Basement 668 sq ft 62.0 sq m
First Floor 454 sq ft 42.2 sq m
Second Floor 294 sq ft 27.3 sq m
£29,950 per annum
The premises are available on a new FR & I lease for a term to be agreed subject to rent reviews every 5 years.
Rateable Value £29,000 per annum
The 2017 RV may be subject to Transitional Relief. Interested parties are advised to make their own enquiries with the Local Authority.
The premises have an EPC rating of 186