Retail premises to let in Main Street, Bingley BD16

Location

The property occupies a prominent and visible, main road location, and forms part of the prime/main shopping area of Bingley Town Centre. The Unit is near to the new Lidl food store, opposite the Market Square and near to the major retailers in the Town Centre.

Nearby occupiers include Westrow (Hairdressers), Hunters (Estate Agents), Bingley Post Office, Skipton Building Society, The Myrtle Grove (J D Wetherspoon) etc.

On street car parking is available in Main Street, with the main car parks in the Town Centre, a few minutes’ walk away.

Description/accommodation

The property comprises a large former Sainsburys Local Convenience Store, with substantial frontage to Main Street and benefitting from loading etc to the rear, from Wellington Street.

The Units has a total floor area of 410.0 sqm (4,413 sqft)

Services

The property benefits from the provision of mains electric, water and drainage.

Please Note: None of these services have been tested and prospective tenants are advised to satisfy themselves as to their condition and type.

Outgoings

We understand the property to be assessed for Uniform Business Rates as follows:-

Description: Shop and Premises
Rateable Value: £62,500

The Uniform Business Rate for 2024/2025 is 54.60 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.

Terms

The property is available to let by way of a new effective full repairing and insuring lease for a term to be agreed. Any term in excess of 3 years will incorporate regular upward only rent reviews.

Rental

£67,500 pa Excl Plus VAT

Legal costs

Each party to be responsible for their own legal costs incurred in the transaction.

Energy performance certificate

The Energy Performance Certificate (EPC) rating for the property is:-

B - 43

VAT

The property is elected for VAT, and VAT will be chargeable on all rents and service charges etc.

Anti-money laundering

In accordance with Anti-Money Laundering Regulations, two forms of id and confirmation of the source of funding will be required from the successful tenant.