Property Information
Address:
33 NEWLAND STREET, WITHAM, ESSEX
, CM8 2AF
Price: Property no longer available.
Size: 1218 sq ft
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH67163
Property Ref/Agent: BHC038
*Please use the agent ref when calling the agent directly.
Property description
DESCRIPTION
Excellent retail/office premises having immense character with original beam and batten walls. The location is in the heart of Witham town centre, adjacent to the Grove Shopping Centre with main traders including Boots, Clarks, Tesco, 99p Stores, Superdrug, Clinton Cards and Costa Coffee. Witham is a thriving town with good road links via the A12 to Chelmsford, Colchester and East Anglia. There is also a good rail commuter link from the local station to London Liverpool Street (approx. 45-50 minutes).
ACCOMMODATION BRIEFLY COMPRISES:
Ground Floor
v RETAIL AREA :- 672 sqft. (62.45sqm)
First Floor
v FRONT OFFICE - 218 sqft. (20.25sqm)
v STORE ROOM - 55 sqft. (5.1sqm)
v REAR OFFICE - 221 sqft. (20.55sqm)
v KITCHEN - 52 sqft. (4.8sqm)
v W.C. FACILITIES
Second Floor
v ROOF STORAGE AREA - 618 sqft. (57.42sqm). Partly boarded with access via permanent staircase.
TENURE
Leasehold. The premises are currently held on an existing lease, to expire in June 2014, at a current passing rent of £19,500 per annum exclusive.
Barclays Bank Plc, supports the Code of Practice on Commercial Leases in England and Wales. We recommend you seek professional advice or review the website / to obtain further detail.
TERM
The Lessee wishes to assign the remaining term of the current lease, which expires in June 2014 (but renewable).
RATING
We are informed by the Valuation Office website that the current rateable value for the shop is £17,250 and the uniform business rate with the standard multiplier is 45.8 pence in the pound
LEGAL COSTS
Each party is to be responsible for their own legal costs incurred in this transaction but the Assignee is to pay the landlord?s reasonable legal costs.
SERVICES
We would recommend that all interested parties check with the relevant statutory authorities as to the existence, adequacy or otherwise of the services available for their own purposes.
PLANNING
We are advised that A2 Use (Financial & Professional Services) Consent has been granted but interested parties should make their own enquiries of the Local Authority. A1 (Retail) Use is a permitted change but again interested parties should make their own enquiries of the Local Authority.
33 NEWLAND STREET, WITHAM, ESSEX,CM8 2AF
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