£7,000
Light industrial for saleHigh Street, Broadstairs CT10
About this property
Lock-up Shop Unit To Let
Busy High Street Location
Ground Floor & Basement
Prime Corner Position
£7,000 Premium
£12,000 Per Annum Rental
Balance of a 10 Year Lease
Lock up shop unit for rent, situated on A prime corner position in broadstairs' lower high street
This lock-up shop unit sits on a prominent corner position on the busy lower High Street in Broadstairs. The premises which has until recently been used for retail purposes may be suitable for alternative uses, subject to the Landlords consent and any necessary planning permissions.
The property comprises ground floor retail area of approx. 17.41m2 (187sqft) with basement of approx. 14.86m2 (160sqft).
The property is being offered with the balance of a 10-year Full Repairing & Insuring lease, with approximately 8 years remaining, with a current rent of £12,000 per annum. The current tenant is seeking a premium of £7,000 to assign the lease.
To arrange your appointment to view call the agents Terence Painter on .
Entrance
Via recessed porchway with bi-folding glazed wooden entrance door.
Retail Area
4.42m x 3.94m (14' 6" x 12' 11") Wood and glazed twin entrance doors. Painted wood panelling to walls. Corner windows. Fitted counter. Stainless steel basin with storage under. Inset ceiling and pendant lighting. Hatch to basement. Doorway to lobby and W.C. Wood block flooring.
Basement Storage Room
4.12m x 3.61m plus recess (13' 6" x 11' 10") Accessed via wooden steps. Strip lighting. Electric meter and consumer unit. The ceiling height is approx. 1.90m.
Lobby
1.54m x 1.09m (5' 1" x 3' 7") With access to W.C.
W.C.
1.27m x 0.87m 4' 1" x 2' 10") With low level W.C.
Lease Terms
The premises are to be offered with the balance of a 10year full repairing and insuring commercial lease which commenced 15th June 2024. The current rent is £12,000 per annum exclusive of business rates and utilities, payable quarterly.
Rent reviews are scheduled for June 2027, June 2030 & June 2033.
The Landlord will require a deposit equal to 3 months rent. References & Personal Guarantees may be required.
Building Insurance
The Landlord will insure the property with the premium recoverable from the tenant. The tenant will be responsible for their own contents insurance.
Business Rates
The current Business Rateable Value is £4,250. This is not the amount that you would pay but the amount against which the rates are calculated. You may be eligible for Small Business Relief and may be exempt from paying business rates, prospective tenants should make their own enquiries.
Services
Electricity, mains water & drainage. No gas.
Restrictions
No hot food take-away, food requiring extraction or bars permitted.
Planning
We understand that the property benefits from Class E (formerly A1retail use). Alternative uses may be considered, subject to Landlords consent and subject to planning. All planning enquiries should be made to Thanet District Council planning department on or
This lock-up shop unit sits on a prominent corner position on the busy lower High Street in Broadstairs. The premises which has until recently been used for retail purposes may be suitable for alternative uses, subject to the Landlords consent and any necessary planning permissions.
The property comprises ground floor retail area of approx. 17.41m2 (187sqft) with basement of approx. 14.86m2 (160sqft).
The property is being offered with the balance of a 10-year Full Repairing & Insuring lease, with approximately 8 years remaining, with a current rent of £12,000 per annum. The current tenant is seeking a premium of £7,000 to assign the lease.
To arrange your appointment to view call the agents Terence Painter on .
Entrance
Via recessed porchway with bi-folding glazed wooden entrance door.
Retail Area
4.42m x 3.94m (14' 6" x 12' 11") Wood and glazed twin entrance doors. Painted wood panelling to walls. Corner windows. Fitted counter. Stainless steel basin with storage under. Inset ceiling and pendant lighting. Hatch to basement. Doorway to lobby and W.C. Wood block flooring.
Basement Storage Room
4.12m x 3.61m plus recess (13' 6" x 11' 10") Accessed via wooden steps. Strip lighting. Electric meter and consumer unit. The ceiling height is approx. 1.90m.
Lobby
1.54m x 1.09m (5' 1" x 3' 7") With access to W.C.
W.C.
1.27m x 0.87m 4' 1" x 2' 10") With low level W.C.
Lease Terms
The premises are to be offered with the balance of a 10year full repairing and insuring commercial lease which commenced 15th June 2024. The current rent is £12,000 per annum exclusive of business rates and utilities, payable quarterly.
Rent reviews are scheduled for June 2027, June 2030 & June 2033.
The Landlord will require a deposit equal to 3 months rent. References & Personal Guarantees may be required.
Building Insurance
The Landlord will insure the property with the premium recoverable from the tenant. The tenant will be responsible for their own contents insurance.
Business Rates
The current Business Rateable Value is £4,250. This is not the amount that you would pay but the amount against which the rates are calculated. You may be eligible for Small Business Relief and may be exempt from paying business rates, prospective tenants should make their own enquiries.
Services
Electricity, mains water & drainage. No gas.
Restrictions
No hot food take-away, food requiring extraction or bars permitted.
Planning
We understand that the property benefits from Class E (formerly A1retail use). Alternative uses may be considered, subject to Landlords consent and subject to planning. All planning enquiries should be made to Thanet District Council planning department on or
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£35 per month
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