£150,000

Property for sale

  1.  1.Jpg
  2.  3.Jpg
  3.  5.Jpg
Just added
Freehold

£150,000

Property for sale

Station Road, Clevedon BS21

Local area information

Property location

Nearby amenities

  • St Nicholas Chantry Church of England Primary School 0.3 miles
  • Yeo Moor Primary School 0.4 miles
  • Clevedon Pier 0.8 miles
  • Yatton 3.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Clevedon to find out more about the local area.

Features and description

  • Freehold
  • Let to Greggs plc
  • Rent Review/Lease Renewal Due
  • Potential To Increase The Rent
  • Approx. 700 ft2
  • Clevedon Town Centre
  • Neighbouring Shop Also Available
A terraced shop of approximately 700 ft2 let to Greggs plc at a passing rent of £11,500pa. The lease was due for renewal in March 2025, which will include a review to the market rent.

The shop is situated in a busy trading position in Clevedon Town Centre. The neighbouring shop is also available for sale by separate negotiation.

Description

A terraced shop of approximately 700 ft2 let to Greggs plc at a passing rent of £11,500pa. The occupational lease was due for renewal in March 2025, which will include a review to the market rent.

Location

The shop is situated in a busy trading position in Clevedon Town Centre. Notable neighbouring occupiers include Cancer Research UK and WHSmith.

Notes

The neighbouring shop (2 Station Road) is also available for sale by separate negotiation for £165,000. Please contact the office for further details.

Business Rates

The rateable value with effect from April 2023 is £8,600.

Tenure

We understand the property will be sold on a freehold basis, subject to the long leasehold interest of the first floor which has been sold off. We understand that the first floor flat pays a further £100pa Ground Rent charge.

Lease Details

The lease is drafted on an effectively fully repairing and insuring basis, for a term of 5 years from March 2020, and is subject to a 3 year tenant only break option. The lease was therefore due for renewal in March 2025, which will include a review of the annual rent.

Floor Plan

The floor plan is provided for indicative purposes only and should not be relied upon.

Energy Performance Certificate (Epc)

Rating: To be confirmed.

Vat

All figures quoted are exclusive of VAT unless otherwise stated, although we understand the property is not opted for VAT.

Viewings

By appointment.

Control Of Asbestos Regulations

As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. Maggs & Allen has not tested or inspected for Asbestos and therefore recommend all interested parties to make their own enquiries.

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

Report this listing

Property descriptions and related information displayed on this page are marketing materials provided by - Maggs & Allen. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Maggs & Allen for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. North Somerset
  4. Clevedon
  5. Station Road