111 High Street, Skelton-in-Cleveland TS12 2DY
Property Features
- Shop To Let
- Ground Floor Retail / Office / Stores
- Close to Local Amenities
- Business Rates Exempt
- .....for qualifying business
Property Summary
The property comprises a ground floor shop with rear stores and office and forms part of a mid-terraced, brick-built property with duel pitched slate ...
Full Details
The property is located the centre of Skelton near Marske by the Sea. Local shops nearby offer excellent amenity for residents.
The property comprises a ground floor shop with rear stores and office and forms part of a mid-terraced, brick-built property with duel pitched slate roof. The unit has a 3-phase power supply.
LEASE DETAIL
The shop is available by way of an assignment of the lease ending 30 September 2026. The passing rent is £12,000 pax but he tenant will benefit from receiving approximately £400 pcm from the first floor tenant while the flat is occupied. The lease is a tenants Full Repairing and Insuring lease without a schedule of condition.
PLANNING
The property has a permitted E Class use.
VAT
Any references to price, premium or rent are deemed to be exclusive of Value Added Tax unless expressly stated otherwise and any offer received will be deemed to be exclusive of VAT. VAT is not charged on the rent.
RATES
Shop Rateable Value (2023) - £4,600
UBR 2023/2024 – 49.9p in the £
Under current government legislation Small Business Rates Relief could result in no rates being payable on the unit subject to individual circumstances. https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief
LEGAL FEES
Each party is to be responsible for their own legal fees incurred with any transaction.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Asset Rating has been assessed as C (57). A copy will be available on request.
Accommodation:
Ground Floor Sales: 489.00 sqft
Rear Staff / Office: 135.00 sqft
Total: 624.00 sqft
