Retail premises to let in Watergate Street, Whitchurch SY13

£45,000 pa (£7.24/sq. ft. pa)
Retail premises to let 6,212 sq. ft*
Interested in this property? Call +44 1743 534929 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Prime retail location
  • Arranged currently as two shop units
  • Suitable for a variety of retail and leisure uses (subject to statutory consents)
  • Consideration would be given to the letting of Unit 1,5 Watergate and Unit 2,5 Watergate as individual shop units
  • *recently reduced*

Property description

A substantial two storey property located in a prime retail position in the town centre of Whitchurch. The property provides a Total Floor area of approximately 6,212 sq ft (583.31 sq m)

Overview

*recently reduced*
The property comprises a substantial two storey property providing a Total Net Internal Floor Area over the two floors of approximately 6,212 ft sq (583.31 m sq). The property benefits from a significant glazed shop front onto Watergate Street and the property is currently arranged to provide 2 shop units. At the rear of the property there is a serving/loading area. Consideration would be given to the letting of the shop units separately. Further details are available from the letting agents upon request.
The property would lend itself to a variety of retail or leisure based(bar/restaurant uses) subject to the receipt of appropriate statutory consents. The property offers a significant asset management opportunity in the town centre of Whitchurch and there is potential for further separation/redevelopment of the property, subject to statutory consents.

Lease Summary

The premises are offered to let on a new lease for a length of term by negotiation. The lease will be granted on Tenants Full Repairing and Insuring Basis for a length of term by negotiation. There will be rent reviews at 5 yearly intervals.
The two shop units known as Unit 1,5 Watergate Street and Unit 2,5 Watergate Street can be let separately. Further details available upon request from the appointed agent.

Legal Costs

Each party is to be responsible for their own legal costs in respect of this transaction.

Location

The property is prominently located in the centre of the Market Town of Whitchurch. Watergate Street serves as the prime retail street in the retail hierarchy within the town centre.
The property is located within proximity of a number of national multiples and is within easy access of the main car parks serving the town centre. The property is located at the junction of Watergate Street with Mill Street.
Whitchurch is an established market town serving North Shropshire and it lies 2 miles east of the Welsh Border, 20 miles north of the county town of Shrewsbury and 20 miles south of the City of Chester. At the 2011 census it had a population of 9,781 and a significant catchment area.

VAT

Prospective parties should rely on their own enquiries. We are advised that the property is elected for VAT.

Property info

Floorplan(s): Floorplan 1

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* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Halls Commercial, SY4 on +44 1743 534929 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Halls Commercial, and do not constitute property particulars. Please contact Halls Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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