0 Bedroom House for rent in North West, England for £11,500 PW

LOCATION
Penrith is a market town located on the north east fringe of the Lake District with a population of around 16,000. It lies at the junction of the M6 motorway and the A66 trans-Pennine trunk road and has a Station on the west coast main line linking London and Glasgow. Major retailers in the town include Burtons, Argos, Morrison’s, B & Q, Aldi, W H Smith, Boots and Wickes. The property lies right in the town centre fronting Middlegate.

DESCRIPTION & ACCOMMODATION
The property comprises a mid-terrace ground floor shop with first and second floor ancillary accommodation as follows :-

GROSS FRONTAGE
4.15M (13’7”)

SHOP WIDTH
4.05M (13’3”)

SHOP DEPTH
8.30M (27’3”)

SALES AREA
31.3 SQM (337 SQFT)

FIRST FLOOR

STOCK ROOM
24.2 SQM (260 SQFT)

SECOND FLOOR

STOCK ROOM
9.40 SQM (101 SQFT)

STAFF KITCHEN
6.30 SQM (68 SQFT)

All references to areas and dimensions are deemed to be approximate.

RATES
Description in list: Shop and premises.
Rateable Value: £6,800.

The rateable value is not the rates payable which is calculated by reference to the rate in the £ (41.4p for 2010/11).

SERVICES
We are advised that mains water, electricity and drainage are connected to the property. No warranty is given regarding the working order of any appliances or services referred to in these particulars.

FIXTURES & FITTINGS
Any items in the nature of fixtures and fittings not referred to in these particulars are excluded.

TENURE
The property is offered on a new lease from September 2010 for 3 or 5 years on full repairing and insuring terms at an initial rent of £11,500 per annum subject to 3 year reviews.

‘You should be aware that the Code of Practice on Commercial Leases in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations or through the website www.commercialleasecodeew.co.uk. ‘

COSTS
The ingoing tenant will be expected to pay the landlord’s reasonable legal costs in connection with the lease.

PLANNING
Prospective purchasers or tenants should satisfy themselves that their proposed use complies with all planning regulations by making inquiries with the local planning authority.

VAT & STAMP DUTY
All reference to price, premium or rent is deemed to be exclusive of VAT unless expressly stated otherwise. Stamp duty is liable at the prevailing rates.

VIEWING
Strictly by appointment with the sole agents, PF&K Commercial.
Tel. 01768 862135.
Fax 01768 892101.
E-mail. commercial@pfandk.co.uk
Date 12/03/10
Ref. C1576.