£8,500 pa
(£8,500.00/sq. ft. pa)
Retail premises to letWillow Street, Oswestry SY11
1,000 sq. ft
Unfurnished
About this property
Location
Oswestry is Shropshire’s third largest town, with the former borough population of around 36,000 and a catchment substantially higher.
These premises are situated in a prime retailing position between The Edinburgh Woollen Mill and the town’s Post Office. Please see the attached traders plan.
Description
Front Internal width: 14’9” / 4.5m
Shop Depth: 44’5”/13.5 m
Ground Floor Sales: 501 sq.ft./46.54 m.sq. There are some fittings which may be suitable for catering use.
First Floor with Excellent storage/offices: 47.04 m.sq. / 506 sq.ft.
WC with wash basin.
Rent, lease terms and freehold option
The premises are offered to let on a full repairing and insuring lease for a term of years to be agreed, with the ingoing tenant being asked to contribute towards the landlord’s reasonable legal costs. Rent: £8,500 p.a.
The premises are also offered for sale freehold, at an asking price of £139,000 region. The adjoining premises, No.8 Willow Street, is also available, with the current business being unaffected.
VAT - We have been advised by the landlord that the properties are not elected for VAT.
Business rates
We understand from viewing the Valuation Office Agency web site that the following Rateable Values apply. Interested parties should contact the Local Authority (Shropshire Council) to establish the current rates payable, as we believe concessions may apply.
Ground and Part First Floor: £11,250
Part First Floor: £ 2,600
EPC - An EPC has been commissioned.
Oswestry is Shropshire’s third largest town, with the former borough population of around 36,000 and a catchment substantially higher.
These premises are situated in a prime retailing position between The Edinburgh Woollen Mill and the town’s Post Office. Please see the attached traders plan.
Description
Front Internal width: 14’9” / 4.5m
Shop Depth: 44’5”/13.5 m
Ground Floor Sales: 501 sq.ft./46.54 m.sq. There are some fittings which may be suitable for catering use.
First Floor with Excellent storage/offices: 47.04 m.sq. / 506 sq.ft.
WC with wash basin.
Rent, lease terms and freehold option
The premises are offered to let on a full repairing and insuring lease for a term of years to be agreed, with the ingoing tenant being asked to contribute towards the landlord’s reasonable legal costs. Rent: £8,500 p.a.
The premises are also offered for sale freehold, at an asking price of £139,000 region. The adjoining premises, No.8 Willow Street, is also available, with the current business being unaffected.
VAT - We have been advised by the landlord that the properties are not elected for VAT.
Business rates
We understand from viewing the Valuation Office Agency web site that the following Rateable Values apply. Interested parties should contact the Local Authority (Shropshire Council) to establish the current rates payable, as we believe concessions may apply.
Ground and Part First Floor: £11,250
Part First Floor: £ 2,600
EPC - An EPC has been commissioned.
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