DESCRIPTION
A unique opportunity to rent or purchase a unit on a long leasehold basis in this well-located retail premises in St Paul’s Square, one of the busiest commercial complexes in Ramsey. St Pauls Square has the added benefit of central free parking for users.
LOCATION
The Unit is situated within St Paul’s Square in Ramsey, accessible by turning right adjacent to St Paul’s Church into the commercial complex where the shop can be found on the right-hand side.
ACCOMMODATION
Ground Floor Retail Unit – Approx 600 sq ft.
• Shop floor area to front. (170 sq ft)
• Larger space to rear. (313 sq ft)
• Toilet and storage area.
LEASE TERMS/REPAIRING OBLIGATIONS
A new lease is available on flexible terms inclusive of service charge and insurance. Tenant to pay rates.
RENT REVIEWS
Standard three yearly upward only rent reviews.
DIRECTOR’S GUARANTEE/DEPOSIT
A Director’s guarantee will be required if the lease is being taken in the name of a Limited Company. A 3 month rental deposit will be payable upon signing of the lease and will be returnable upon satisfactory expiry of the lease.
SERVICES
Mains services are installed. Hot water is not included in Service charge and is provided via an electric heater under the sink.
TENURE
Vacant possession on completion of legal formalities.
LEGAL FEES
Each party to pay their own legal fees.
VIEWING
Strictly by appointment through Black Grace Cowley.