The Parade, Minehead, Somerset, TA24

A double fronted shop premises occupying a prime corner trading position in the town's main retail thoroughfare amongst other nationally known retailers including TG Jones, Boots, Gregs, Iceland, The Works and Superdrug.

Minehead, with a resident population of approximately 11,000, enjoys a significant seasonal increase as one of Somerset’s most popular coastal holiday destinations. The town boasts a vibrant and prosperous centre, home to an appealing mix of independent traders and well-known national retailers ensuring a steady flow of both local and visitor trade throughout the year.


SHOP PREMISES

94.92 sqm (1021 sqft) comprising;

Ground floor retail zone A 46.48 sqm

Ground Floor retail zone B 47 sqm

Ground floor retail zone C 1.44 sqm

Ground floor staff kitchen, W.C & store room

Overall 103.81 sqm (1117.40 sqft)


SERVICES

Mains water, electricity and drainage.

LEASE

A new lease and terms to be agreed.

ANNUAL RENT

£20,000 per annum exclusive of rates and other outgoings.

BUSINESS RATES

£18,500 UBR, as of April 2023, 47.9p in the £. (Future UBR from 1st April 2026 £20,500). Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property details going to print. However, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.

AGENTS NOTE
The property is VAT registered, and the landlord has opted to charge VAT on the rental price. All interested parties should make their own enquiries of HMRC.

VIEWING

Strictly by appointment through the sole agents:

Webbers Property Services
Minehead
01643 706917

VAT
We understand that our client has opted to charge VAT. All interested parties should make their own enquiries of HMRC.

LEGAL ADVICE
We strongly recommend that a tenant takes independent legal advice and instructs solicitors to act on their behalf.
Each party bears their own legal costs unless otherwise stated.

PLANNING
It is the responsibility of the proposed tenant to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the tenant’s responsibility.

SERVICES AND UTILITIES
Mains water, electricity and drainage.
We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting https://checker.ofcom.org.uk