Retail to let - 7 North Walk, Yate Shopping Centre, 43 North Walk, Yate, BS37 4AP
7 North Walk, Yate Shopping Centre, 43 North Walk, Yate, BS37 4AP
Rent
£30,000 pa
Size
916 sq ft
Listed
1 month ago
Property Description
<strong>Description</strong><br>The premises comprise a ground floor lock up shop. The unit is adjacent to Natwest Bank, with other neighbouring retailers including Boswells, Iceland, Boots and Specsavers.<br><br><strong>Terms</strong><br>The premises are available by way of a new effectively full repairing and insuring lease on terms to be agreed.<br><br><strong>Service Charge</strong><br>£4,371 (2021/22)<br><br><strong>Business Rates</strong><br>Rateable Value: £46,250<br />
UBR (2021/22): 49.9p/£<br />
Rates Payable: £23,078.75<br />
<br />
Under Covid assistance measures, these premises may qualify for up to 66% Relief on the Business Rates liability until 31st March 2022. Interested parties are advised to make enquiries with the Local Authority.<br><br><strong>Costs</strong><br>Each party to be responsible for their own legal and professional costs incurred in this transaction.<br><br><strong>Viewings</strong><br>Strictly by prior arrangement with the appointed Savills contacts.<br><br>
Costs & rates
Rates payable
£46,250 p.a.
Total annual occupancy cost
Estimate only — confirm exact figures with the agent.
Rent
£30,000
Business rates
+ £46,250
Total per year
£76,250
≈ £6,354 / month≈ £83.24 / sq ft / year
Service charge not listed — ask the agent for the confirmed figure.