Wellington Square, Minehead, Somerset, TA24

This attractive double cafe occupies a prime trading position in the town centre, adjoining Morrisons Daily and close to properties occupied by Peacocks and Specsavers.

Minehead, with a resident population of over 11,000, which swells considerably during the summer months, is a popular holiday resort on the north coast of Somerset. The town has a busy and prosperous centre with a mix of local shops and national retailers.

ACCOMMODATION
The property is arranged as follows:

Net Frontage 17'3 (5.26m)

Cafe 569 sq ft (52.86 sq m)

Kitchen 124 sq ft (11.52 sq m)

SERVICES
Mains water, electricity, gas 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

LEASE
A new full repairing and insuring lease for a term of 10 years, subject to upward only rent reviews at the end of each 5th year.

ANNUAL RENT
£14,500 per annum exclusive of rates and other outgoings.

RATEABLE VALUE
£11,000 UBR, as of April 2023, 47.9p in the £. 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.
Small Business Rate relief (100%) may apply as the Rateable Value is below £12,000.

VIEWING
Strictly by appointment through agents.

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.

LEASE TERMS
All leases are on full repair and insuring (FRI) terms unless otherwise stated.