OVERVIEW
A unique opportunity to acquire a 1400sq ft ground floor commercial property in the heart of Read benefiting from a high footfall and potential for various uses.
The property comprises of large open-plan rooms to the front and the back split by a large internal room that is set out perfectly for an office.
Located in the room to the front is a staircase to the property's cellar that can be used as a great storage space.
The property has previously been used as a Wine & Gin bar under the A4 classification (drinking establishment) so a change of use application would be needed via Ribble Valley Council
ADDITIONAL INFORMATION
Square Footage: 1432 sq ft
Lease: A new flexible lease is to be drawn up
Change Of Use Application: 462 with an 8-week target
Annual Rent: £12,000
Rateable Value: 5300 small business rate relief available subject to T&Cs
Building insurance to be paid by the tenant
A refundable tenancy deposit - capped at no more than five weeks of rent if your annual rent is less than 50,000 or six weeks if your annual rent is above 50,000
A refundable holding deposit - capped at no more than one week's rent
Payments to change the tenancy agreement (requested by the tenant) - capped at 50
A default charge for late payment of rent and replacement of lost keys/security device
A charge for early termination of the tenancy initiated by the tenant