New Retail Units

Radstock - Heritage Park

Rent: £0.00 - £7,200.00 pa

Size: 637 sq ft

LOCATION
9 miles to the south west of Bath, Radstock is a town full of history including the Radstock museum which is housed in the old market hall, and displays an exhibit focusing on the towns industrial heritage. It has a population of approximately 6,000. Other nearby towns include Frome which is 8 miles to the south east, and Wells, 12 miles to the south west. It has good transport links, the A362 to Frome and via the A367 and A37 Bristol to the north and Bristol airport to the north west (17 miles).

DESCRIPTION
This new development is part of the next phase of Heritage Park, known as Area 1, being undertaken by Linden Homes. The development consist of 49 residential units, and 5 commercial units.

All the commercial units will have fitted shop windows and doors, while internally they will be provided to shell specification ready for occupier fit out.

ACCOMMODATION
In accordance with the RICS Code of Measuring Practice (6th Edition) the unit has been measured on a gross internal area basis;

Unit C1 GIA: 637 sq ft (59.17 sq m) NIA: 611 sq ft (56.76 sq m)

SERVICES
We are advised by the developers that mains electricity, gas, water and drainage are available. However, we have not verified the existence or tested any of the service installations and advise that interested parties make their own investigations as to their state and condition.

TERMS
The unit is available to let on an effective full repairing and insuring lease with 3 yearly rent reviews. Alternatively, the unit is 'For Sale' on 150 year leases subject to a service charge. The prices are as follows;

Unit C1
Rent: £7,200, To buy: £72,000

OUTGOINGS
To be assessed. The rates that you pay will depend upon individual circumstances of your business. Enquiries should be made to the local billing authority Bath & North East Somerset Council.

VAT
Vat is applicable to all rents and prices.

LEGAL COSTS
Each party to be responsible for their own legal costs.

SERVICE CHARGE
There will be a service charge to cover the cost of maintenance, common areas and buildings insurance. Please apply to the agents for details.

PARKING NOTES
There are 7 customer parking spaces behind the Area 2 retail units for use by all commercial customers.

PLANNING
We are advised the planning permission has been granted for A1, A2 and A3 retail use. The developers may be prepared to consider other uses subject to the appropriate consents.

OTHER
EPC Rating (This is how energy efficient the property is)
An EPC has been commissioned and is awaited.

VIEWING
Viewing strictly by appointment with the agents, see property particulars for contact details.

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