The property occupies a prime retail location forming part of Arden house, fronting onto Main Street in Bingley Town Centre with return frontage to Foundry Hill. It is situated next door to Westrow Hairdressing Salon and Sainsbury’s Local and opposite Bingley Market Place and near to the new Lidl Supermarket. The railway station is 100 yards to the rear and car parking is available in a lay-by to the front.
The property comprises a ground floor retail/office unit last utilised as an estate agent with basement store and staff facilities. The property may be suitable for a variety of uses subject to planning consent being obtained.
According to our measurements taken on site, the property benefits from the following dimensions and net internal floor areas:
Gross Frontage (Main Street) 6.33 metres (20’ 9”)
Gross Frontage (Foundry Hill) 5.87 metres (19’ 3”)
Shop Depth 15.37 metres (50’ 5”)
Sales Area 86.53 sq. m. (931 sq. ft.)
WC --- ---
Stores & Kitchen 72.27 sq. m. (778 sq. ft.)
Approx. Total Net Internal
Floor Area 158.80 sq. m. (1,709 sq. ft.)
The property is currently assessed for rating purposes as follows:-
Address: 117 Main Street, Bingley, BD16 2ND
Description: Shop and Premises
Rateable Value: £12,750
The Uniform Business Rate for 2019/2020 is 50.4 pence in the £.
Due to transitional relief provisions, the rates payable may have no relation to the rateable value. Interested parties are advised to check with the Local Rating Authority as to the current rates liability.
The property is offered to let on a new lease for a term to be agreed incorporating 3 yearly (upward only) rent reviews. The lease will be drawn upon effectively full repairing and insuring terms by way of service charge recovery.
£19,750 per annum exclusive – subject to contract
The property is elected for VAT which will be chargeable on the rent and other items such as service charge etc.
Each party to be responsible for their own legal costs incurred in the transaction.
ENERGY PERFORMANCE CERTIFICATE
An Energy Performance Certificate (EPC) has been commissioned.