50 High Street, Normanton

Asking price of £120,000
For Sale

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LOCATION 

The property is located fronting the main High Street  in the centre of Normanton within a  pedestrianised precinct. Nearby occupiers include Asda  Supermarket, Farm Foods and Lloyds Pharmacy.  


DESCRIPTION  

The property is a brick built, 3 storey, mid-terrace  building which is located on the pedestrianised  precinct. The whole is let to a café operator, the  tenancy details are set out below.  


ACCOMODATION 

Measured in accordance with the RICS Property  Measurement (incorporating International Property  Measurement Standards) 1st Edition, May 2015, the  unit provides the following net internal floor areas of:  

Ground Floor 509 sq ft (47.3sqm).  

First Floor 454 sq ft (42.2sqm).  

Second Floor 454sq ft (42.2sqm).  

Total 1,417 sq ft (131.6sqm).  


LEASE TERMS  

The lease is on internal repairing obligations for a  term of 6 years at a rental of £8,500 pa, the lease expires 30th April 2025. The use is an established café  operator.  


TENURE 

The property is offered on a freehold basis, subject to  the existing lease. The guide price is £120,000. VAT  is not applicable on this property.  


BUSINESS RATES  

According to the Valuation Office Agency website the  premises has a current 2017 Rateable value of £6,100.  Interested parties are advised to make their own  enquiries in this respect.

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