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Bridge Street, Congleton Annual Rental Of £12,000

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    Bridge Street

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  • TOWN CENTRE SHOP
  • 129M² (1388FT²) PLUS BASEMENT
  • PROMINENT LOCATION ON CONGLETON'S MAIN SHOPPING HIGH STREET

Town centre shop - 129m² (1388ft²) plus basement

An opportunity to purchase a prime town centre shop with vacant possession in the pedestrian area near national retailers having open plan ground floor sales area and further accommodation on first and second floors and basement storage.

As well as paying the rent, you may also be required to make the following permitted payments.

Permitted Payments
 
Before the tenancy starts (payable to Timothy A Brown 'the Agent')

Holding Deposit (per tenancy) — One week’s rent. Payable to Timothy A Brown 'the Agent'
This is to reserve a property. Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).

Security Deposit (per tenancy. Rent under £50,000 per year) — Five weeks’ rent. Payable to Timothy A Brown 'the Agent'
This covers damages or defaults on the part of the tenant during the tenancy.

During the tenancy (payable to the Agent)

Unpaid Rent
Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.

Lost Key(s) or other Security Device(s)
Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).

Variation of Contract (Tenant’s Request) — £50 (inc. VAT) per agreed variation.
To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.

Change of Sharer (Tenant’s Request) — £50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher.
To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.

Early Termination (Tenant’s Request)
Should the tenant wish to leave their contract early, they shall be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.

During the tenancy (payable to the provider) if permitted and applicable
Utilities - gas, electricity, water, drainage
Communications - telephone and broadband
Installation of cable/satellite supplier
Television licence
Council Tax

Other permitted payments
Any other permitted payments, not included above, under the relevant legislation including contractual damages.

Tenant Protection
Timothy A Brown is a member of the RICS Client Money Protection Scheme, which is a client money protection scheme, and is also a member of The Property Ombudsman, which is a redress scheme. You can find out more details on the agent's website or by contacting the agent directly. 

 


SITUATION

This property is situated in a prominent location within this pedestrian priority area of the town centre. Within close proximity there are many mutliple and well-established local traders.

ACCOMMODATION

The premises are arranged on basement, ground, first and second floors having the approximate dimensions and floor areas Internal window frontage 11ft 10in (3.35m) Internal width 16ft 2in (4.93m) Retail depth 36ft 0in (10.97m) Ground floor retail area 561sq ft (52.2m) First floor retail to include kitchen and w.c.397 sq ft (36.9m) Second floor, doors, possible offices/presently stores 429 sq ft (39.86m) Basement (presently limited use) 409 sq ft (38m) To the rear there is a yard with pedestrian access only and steps leading down to basement

RATEABLE VALUE

No rates payable. At present the rateable value is £11,750.

LEASE

A full repairing and insuring lease with a minimum of a three year lease. Year 1 rent = £12,000 Year 2 rent = £13,500 Year 3 rent = £15,000 Each party to be responsible for there own legal costs in drawing up the lease.

VIEWING

Strictly by appointment through the sole letting agent TIMOTHY A BROWN.


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Bridge Street
Congleton CW12 1AY
County: Cheshire
Sale Type: For Rent
Ref #: TAB3605
RICS NAEA ARLA The Property Ombudsman Trading Standards Relocation Network Deposit Protection Scheme Rightmove Zoopla Primelocation OnTheMarket