Cradick Retail

Cradick Retail

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42 High Street

High Street
Cheriton, CT19 4ET

Use Class E(a)

3,764 sq ft

£49,500

Use Class

E(a)

Size

3,764 sq ft

Rent pa

£49,500

Marketed by Cradick Retail

Last updated 01/06/2021
42 High Street
The premises occupy a recently constructed retail unit, comprising a ground floor retail unit, together with first floor accommodation with rear access and parking.
The subject premises are located in a busy position within Cheriton High Street, immediately adjoining Paddy Power.  Notable occupiers nearby include Co-op, The Post Office, Barclays Bank and Coral Bookmakers, together with numerous other local retailers.

Use Class

A1

Tenure

Leasehold

Viewing

Strictly by appointment.

Accommodation

Accommodation details below:

Dimensions

ftm
Internal Width51.1115.82
Shop Depth71.821.84

Areas

sq ftsq m
Ground Floor Sales2,636244.88
First Floor Storage1,128104.79

Financial

Lease Type

Existing Lease

Lease Term

The premises are held by way of a 20 year effectively full repairing and insuring lease, expiring November 2033 at a current passing rent of £49,500 pax.  The lease is subject to five yearly upward-only rent reviews, as well as tenant only break options at year 10 and 15.

Rent

Rent is exclusive of rates, insurance and VAT (if applicable).

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Sustainability

Energy Performance Certificate

28

Last Updated

01/06/2021

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

All data ©2021 Completely Property Technology Limited

Cradick Retail

Cradick Retail

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