High Street, Moreton-In-Marsh, Gloucestershire, GL56

£12,000

Guide price

FIRST AND SECOND FLOOR OFFICES IN A WELL-SITUATED PERIOD BUILDING

TO LET ON NEW LEASE.

£12,000 pa.

PROPERTY DESCRIPTION

LEASE TERMS:

A new tenant is sought on effective FRI terms for a period of 9 years with rent reviews at 3-yearly intervals.

Initial Rent: £12,000 pa payable quarterly in advance

Insurance: Tenant to refund share of Landlords' buildings insurance premium, including for three years loss of rent

SERVICES

Main electricity, water and drainage are connected.

Electric heating

EPC

EPC band D

OUTGOINGS

The Rateable value is £9,700.

Rateable value will be less than £12,000 so if occupier complies with Small Business Rate Relief no business rates will be payable.

REFERENCES

Bank, trade, accountants, and personal references will be required

RESERVATION DEPOSIT

On agreeing to take the lease the prospective lessee will be expected to pay a reservation deposit of £1,000 – this will be refunded upon completion.

Should the prospective lessee withdraw from the transaction for any reason, or amend or alter the terms agreed such that the lessor withdraws from the transaction, the lessor's agents and solicitor's abortive costs will be deducted from the deposit, and the balance, if any, will be refunded.

VIEWING

Strictly by prior appointment with the sole letting agents

SITUATION

A well-known North Cotswold market town situated at the junction of the Fosse Way (A429) and the Oxford-Worcester trunk road (A44)

The town has a wide range of shops and amenities for everyday needs, and geographically is well placed with Cheltenham (22miles), Stratford-upon-Avon (17) and Oxford (27)

Train services to Oxford and London, the fastest reaching Paddington in about 95 minutes