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Bailey Street, Oswestry Annual Rental Of £10,000

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  • Ground Floor Shop Premises
  • Main Shop & Rear Shop
  • Rear Office, WC
  • Excellent Street Frontage
  • Town Centre Location

TO LET - A Ground Floor Shop Premises located within the main shopping area of the town close to a host of established shops and the indoor market. The area is well served with public car parking and easy access for deliveries. The main shop measures 11m x 3.85m with a further retail area, rear office/kitchenette and WC. Ideal for a number of businesses within A1 Uses. Alarm system and electric roller shutter fitted.

Permitted charges in accordance with the Tenant Fee Act 2019 for an Assured Shorthold Tenancy
- Holding deposits (a maximum of 1 week's rent);
- Deposits (a maximum of 5 or 6 weeks depending on the rental amount)
- Change of sharer (tenants request) capped at £50 incl. VAT per replacement tenant;
- Variation of contract (tenants request) capped at £50 incl. VAT per agreed variation;
- Early termination (tenants request) capped at the landlord's reasonably incurred costs plus all rent due under the tenancy until the start date of the replacement tenancy;
- Utilities, communication services (e.g. telephone, broadband), TV licence and council tax;
- Late/Unpaid rent - Interest up to 3% above Bank of England's annual percentage rate;
- Reasonable costs for replacement of lost keys or other security devices;
- Contractual damages in the event of the tenant's default of a tenancy agreement; and
- Any other permitted payments under the Tenant Fees Act 2019.

Bowen Son and Watson is a member of and covered by the RICS Client Money Protection and all deposits are protected by TDS (The dispute Service Limited). Bowen Son and Watson is also a member of PRS (Property Redress Scheme) and licensed with Rent Smart Wales.


Location

The premises are situated within the main pedestrianised shopping area of the bustling market town of Oswestry. The town has a population of around 18,000 and serves a much wider rural area. The town has a host of high street chain and independent shops together with large indoor and street markets. Easy links onto the A5/A483 provides easy access to the towns of Shrewsbury, Wrexham, the city of Chester and the motorway network beyond. The town has an excellent bus service whilst the nearby train station at Gobowen provides direct trains to Birmingham and Manchester.

Accommodation

Display and direct frontage to Bailey Street.

Main Shop

36' 1'' x 12' 8'' (11m x 3.85m)

Glazed shop front. Laminate flooring, suspended ceiling, electronically operated Roller Shutter, ample power sockets and network points. Fitted counter. Opening into:

Rear Shop

14' 11'' x 10' 7'' (4.54m x 3.22m)

Continuation or laminate flooring, fitted counters/desks, suspended ceiling. Opening into:

Office/Kitchenette

12' 5'' x 5' 1'' (3.78m x 1.55m)

Shelving, Alarm Control Panel, Fire Escape door with roller shutter. Door into:

WC

0' 0'' x 0' 0'' (0m x 0m)

With high level flush WC, wash hand basin and extractor fan.

Services

Mains water, drainage and electricity are understood to be connected.

Planning

Usage for purposes of a Retail Shop Use (Class A1) as defined by the Town and Country Planning Act (Use Classes) Order 1987.

Rating Assessment

We are informed by Shropshire Council that the current Rateable Value is £6,700 with. £3,376.80 payable for the current year. We understand that certain reliefs may be available at present but prospective tenants should make their own enquiries.

Local Authority

Shropshire Council, Shrewsbury (0345 678 9002).

Asking Price

£10,000 per annum exclusive. A new lease will be available with the Landlord insuring the building and recharging the Tenant. VAT is not chargeable on the rent.

Legal Costs

The ingoing Tenant will be responsible for payment of the Landlord's reasonable legal costs for the production of the lease.

Viewings

By prior arrangement with the Sole Agents through their Oswestry office on (01691) 652367.

Special Note

Disclosure is made under the Estate Agents Act 1979 that the freehold owners of these premises are connected to the Partners of Bowen Son & Watson.

EPC

Available on request.


Bailey Street
Oswestry SY11 1PX
County: Shropshire
Sale Type: For Rent
Ref #: OS001720

P: 01691 652367

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