Large Lock-Up Shop in Central Clacton To Let at Attractive Rent

Large Lock-Up Shop in Central Clacton To Let at Attractive Rent

  • Located in a prominent location in Clacton town centre.
  • Net Retail Area 2,208 sq. ft. (205.1 sq. m).
  • Further accommodation on ground/first floor may be available.
  • Commencing rent £20,000 p.a.x.**

TO BE LET (OR MAY SELL)

Property Location

22-24, HIGH STREET, CLACTON-ON-SEA CO15 1NR
Property Specification
Location

The premises are located in High Street, in the heart of Clacton-on-Sea's town centre. The property lies adjacent to the town's Post Office, and close to Sainsbury's supermarket, the main retail area lying just a short distance to the west in Pier Avenue/Station Road/Rosemary Road. the town has a wide range of shops and there is also a factory outlet development on the outskirts of town.

The town is a popular seaside resort, and the seafront and pier are within a quarter of a mile. The town also has a railway station which joins the Norwich to London (Liverpool Street mainline at Colchester.

Description

The property comprises a large showroom, previously three smaller shops knocked into one larger unit. There is a fully glazed display window with central entrance doors, and the shop is mainly in one area, with some ancillary/storage accommodation to the rear, together with staff room and WC. To the rear is a passageway with pedestrian access from Rosemary Road, and beyond the passageway is a separate building (not currently in our client's ownership) where there is potential to lease some additional accommodation. This area is considered suitable for storage or car parking, and is accessed from a service road running between Rosemary and Beach Roads.

The first floor comprises 3 self-contained flats with their own entrance door from High Street - once again, this area (some 1,356 sq. ft.) could be made available to the tenant of the ground floor shop, subject to the agreement of terms.

Accommodation

Shop Width                      50/6.

Shop Depth                      49/3.

NET RETAIL AREA 2,208 SQ. FT. (201.1 SQ. M)


Tenure


The property is offered on a new full repairing and insuring lease (via a service charge) for a term of at least three years. For longer leases, there will be landlords' upward-only rent reviews at 3 yearly intervals. The commencing rent will be £20,000 per year, exclusive of VAT, rates and all outgoings and, assuming a lease of at least three years without breaks, the landlord is prepared to offer a rent-free period of one year. Consideration will also be given to a short term "pop-up shop" arrangements, terms by negotiation. The service charge will cover the costs of the repair and maintenance of the exterior of the property.


Alternatively, the landlords may consider selling the shop on a long lease, or possibly selling the freehold of the whole property - further details on application.

Energy Performance Certificate


The property has an EPC rating of B - 39, valid until May 2029, a copy is available on request.


Rateable Value


The property appears in the 2017 Rating List, as Shop and Premises, with a rateable value of £27,250.


Viewing


For further information or to arrange a viewing, please contact Jon Ablewhite at this office, (01206) 5050707 or jon@mrallp.co.uk .

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