Commercial Property to rent in Radstock, BA3
Holly Court, High Street, Midsomer Norton, Radstock, BA3£12250.00
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Full Details for Commercial Property to rent in Radstock, BA3 :
Lettings R Us are proud to be letting out commercial units which are located within Holly Court which joins the High Street to the free public car parks.
A fantastic opportunity to rent an operational restaurant premises (currently an Indian restaurant). Immediately available with the remaining of a 25 years lease commencing from the 13th December 2012.
The property comprises of Unit 15A - Approximately 185 sq ft, Unit 15 - Approximately 561 sq ft, Unit 16 - Approximately 158 sq ft, The tenant should undertake the internal property repairs/maintenance. The current rent is 12,250 + VAT.
A premium of 15,000 for the benefit of the lease, goodwill, fixtures and fittings.
Holly Court is a thriving community of small independent businesses, occupiers include an estate agent, planning consultant, equestrian shop, florist, gift shop, hairdresser, clothes shop, cafe, model shop, beauty salon, tanning studio and computer shop. Holly Court is managed on a day to day basis by the tenants. The large council owned car parks to the rear are free and rarely full.
Important Note: The following charges are not included in the advertised rent of the property.
TENANTS: If you choose to take the tenancy on one of our properties we will ask you to pay an agency fee of 114.00 including VAT per tenant that is over the age of 18 years old ? If a guarantor is required, this fee would also be applicable for the guarantor. This fee is taken as a holding fee to reserve you the Property and also it covers the cost of credit checks and referencing. Our deposits are calculated as the same amount as one month?s rent and if pets are allowed then this would usually be six weeks deposit up to two months deposit. (This will be stipulated in the description). The agency fee is non-refundable if you decide to withdraw from the tenancy or if you fail your credit checks, it will be refundable if the landlord decides to withdraw.
Additional Charges:
Late Payment Charges - 20 for non-standing order mandate or late payment and 10 every week thereafter.
Key Lose - Should the tenant lose their keys and the agent/landlord have to let them in or if the tenant needs to come to the office to collect the keys to let themselves in, then a fee of 10 will be applicable.
Breakage Clause ? If the landlord allows then the tenant can be released from the contract on payment of 50% of the first months? rent (plus VAT) or 300 (Inclusive of VAT), whichever is greater. Once a new tenant has moved into the property the liability will be on the new tenant and the current tenant will be released from the contract.
Duplicate Contract Fee - 90 including VAT
Duplicate Inventory Fee - 90 including VAT
New Contract Fee (If Required) - 90 including VAT
VAT is payable at the prevailing rate on all of our fees. It is included where a fixed amount is quoted but where a percentage is applied to a figure the percentage will be plus VAT.
LANDLORDS:
1) Introduction Only Service ? 100% + VAT of the first month?s rent (Or 300 including VAT whichever is greater). Payable for each letting where the tenant is introduced through the Agent.
2) Full Management Service ? Option 1 ? 12% + VAT per month thereafter of the rent received, deducted by the Agent.
Additional Charges:
Unmanaged: Agreement Admin Fee 90 (including VAT)
Unmanaged: Inventory Fee 90 (Including VAT)
Deposit Protection Service 60 (Including VAT)
Legionella Risk Assessment Fee 120 (Including VAT)
Contract Termination Fee (If Managed) 300 (Including VAT)
Major Works Fee 15% + VAT of major works over 250
Duplication/Testing of Keys Yale -6 (Including VAT)
Chubb - 9 (Including VAT)
Gas Safety Record 84 (Including VAT)
Portable Appliance Testing 54 (including VAT) for 15 items, 3 (including VAT per item thereafter).
Chimney Sweep 72 (Including VAT)
Energy Performance Certificate 94.80 (Including VAT)
VAT is payable at the prevailing rate on all of our fees. It is included where a fixed amount is quoted
but where a percentage is applied to a figure the percentage will be plus VAT.
Property Particulars: We endeavour to make our property particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective renters only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Redress Scheme: The Property Ombudsman - https://www.tpos.co.uk/
A fantastic opportunity to rent an operational restaurant premises (currently an Indian restaurant). Immediately available with the remaining of a 25 years lease commencing from the 13th December 2012.
The property comprises of Unit 15A - Approximately 185 sq ft, Unit 15 - Approximately 561 sq ft, Unit 16 - Approximately 158 sq ft, The tenant should undertake the internal property repairs/maintenance. The current rent is 12,250 + VAT.
A premium of 15,000 for the benefit of the lease, goodwill, fixtures and fittings.
Holly Court is a thriving community of small independent businesses, occupiers include an estate agent, planning consultant, equestrian shop, florist, gift shop, hairdresser, clothes shop, cafe, model shop, beauty salon, tanning studio and computer shop. Holly Court is managed on a day to day basis by the tenants. The large council owned car parks to the rear are free and rarely full.
Important Note: The following charges are not included in the advertised rent of the property.
TENANTS: If you choose to take the tenancy on one of our properties we will ask you to pay an agency fee of 114.00 including VAT per tenant that is over the age of 18 years old ? If a guarantor is required, this fee would also be applicable for the guarantor. This fee is taken as a holding fee to reserve you the Property and also it covers the cost of credit checks and referencing. Our deposits are calculated as the same amount as one month?s rent and if pets are allowed then this would usually be six weeks deposit up to two months deposit. (This will be stipulated in the description). The agency fee is non-refundable if you decide to withdraw from the tenancy or if you fail your credit checks, it will be refundable if the landlord decides to withdraw.
Additional Charges:
Late Payment Charges - 20 for non-standing order mandate or late payment and 10 every week thereafter.
Key Lose - Should the tenant lose their keys and the agent/landlord have to let them in or if the tenant needs to come to the office to collect the keys to let themselves in, then a fee of 10 will be applicable.
Breakage Clause ? If the landlord allows then the tenant can be released from the contract on payment of 50% of the first months? rent (plus VAT) or 300 (Inclusive of VAT), whichever is greater. Once a new tenant has moved into the property the liability will be on the new tenant and the current tenant will be released from the contract.
Duplicate Contract Fee - 90 including VAT
Duplicate Inventory Fee - 90 including VAT
New Contract Fee (If Required) - 90 including VAT
VAT is payable at the prevailing rate on all of our fees. It is included where a fixed amount is quoted but where a percentage is applied to a figure the percentage will be plus VAT.
LANDLORDS:
1) Introduction Only Service ? 100% + VAT of the first month?s rent (Or 300 including VAT whichever is greater). Payable for each letting where the tenant is introduced through the Agent.
2) Full Management Service ? Option 1 ? 12% + VAT per month thereafter of the rent received, deducted by the Agent.
Additional Charges:
Unmanaged: Agreement Admin Fee 90 (including VAT)
Unmanaged: Inventory Fee 90 (Including VAT)
Deposit Protection Service 60 (Including VAT)
Legionella Risk Assessment Fee 120 (Including VAT)
Contract Termination Fee (If Managed) 300 (Including VAT)
Major Works Fee 15% + VAT of major works over 250
Duplication/Testing of Keys Yale -6 (Including VAT)
Chubb - 9 (Including VAT)
Gas Safety Record 84 (Including VAT)
Portable Appliance Testing 54 (including VAT) for 15 items, 3 (including VAT per item thereafter).
Chimney Sweep 72 (Including VAT)
Energy Performance Certificate 94.80 (Including VAT)
VAT is payable at the prevailing rate on all of our fees. It is included where a fixed amount is quoted
but where a percentage is applied to a figure the percentage will be plus VAT.
Property Particulars: We endeavour to make our property particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective renters only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Redress Scheme: The Property Ombudsman - https://www.tpos.co.uk/
