Property Details

RECENTLY REFURBISHED RETAIL UNIT AMOUNTING TO 102.6M² / 1105FT². PREVIOUSLY USED AS A FISH AND CHIP RESTAURANT HOWEVER IT WOULD SUIT A NUMBER OF USES SUBJECT TO THE NECESSARY CONSENTS.

DESCRIPTION
This is a newly refurbished ground floor property benefiting from having a newly installed shop front, comfort cooled heating system and being newly plastered throughout. This premises would prove ideal accommodation for anyone requiring a very prominently located restaurant or retail property.

LOCATION
Situated in the heart of Wakefield City Centre on one of the busiest precincts closely located to Marks and Spencer, Boots, and the entrance to The Ridings Centre.

ACCOMMODATION
Frontage - Open plan - 80.2m² /
864ft²
Rear - 22.4m² / 242ft²
NET AREA - 102.6m²/ 1105ft²

BUSINESS RATES
The property has a rateable value of £19,250.
The standard rating multiplier for the year 2021/2022 is 51.2p in the pound (0.512). The small business multiplier is 49.9p in the pound (0.499). Individual occupiers may also benefit from small business rate relief and transitional relief. More information in respect of rates can be obtained from the appropriate Local Authority and the Valuation Office Agency website, www.voa.gov.uk.

VAT
We understand the property is not presently elected for VAT however the owner reserves the right to charge VAT should they choose to do so. All figures are quoted net of VAT.

PLANNING
The existing planning use is likely to fall within Class E of the Town and Country Use Classes Order 1987 as amended. Interested parties should satisfy themselves by way of enquiry to the Local Authority, Wakefield Metropolitan District Council that their proposed use is acceptable.

TERMS
The property is available on a new Lease for a term of three years or a multiple thereof at an initial rental of £18,000 per annum exclusive on a full repairing and insuring basis.

LEGAL COSTS
Each party will be responsible for their own legal costs.

VIEWING
By prior telephone appointment through the agents.
Contact:
Michelle Graham
Tel: 01924 299494 (option 3)
Email: michelle@holroydmiller.co.uk