Wells, BA5 1SY

DESCRIPTION A ground floor retail unit with an entrance from Priory Road. The unit benefits from large display windows fronting onto Priory Road and the adjoining car park. There is a WC and small kitchen area. There is parking to the rear of the unit and a parking space for one vehicle can be used when available. Ground Floor (NIA) 31.82 sq.m. 342.51 sq.ft. Net Internal Area (NIA) 31.82 sq.m. 342.51 sq.ft. IPMS3 31.82 sq.m. 342.51 sq.ft. Measured in accordance with RICS Property Measurement Statement (2nd Edition). LEASE TERMS The property is offered on a new lease with immediate availability on terms to be negotiated at a commencing rental of £800 pcm exclusive. It is anticipated that the following will apply: - The tenant is to be responsible for normal outgoings including rates. - The tenancy will be excluded from the Landlord and Tenant Act 1954 Sections 24 – 28 inclusive. - A deposit will not be payable. The Code of Practice on Commercial Leases in England and Wales recommends that prospective tenants should seek the professional advice of a qualified property advisor before entering a legally binding contract. BUSINESS RATES The unit currently has a rateable value of £8100. If assessed, small business rate reliefs up to 100% may be available. SERVICES Mains water, drainage and electricity are connected. Broadband. Tenant is responsible for all outgoings. LOCAL AUTHORITIES Somerset Council LOCATION The unit is situated fronting onto Priory Road within Wells City centre with a good level of passing traffic. There are good links from Wells to Bristol, Bath, Glastonbury, Bridgwater and Taunton. Within Wells, the local economy is diverse and is primarily made up of small businesses. The High Street is ranked as one of the best Independent High Streets in the UK and is dominated by charming independent shops, cafes and traditional pubs. Wells has a population of just over 11,000. Bristol and Bath are 20 miles away whilst it is 6 miles to Glastonbury. The A39 and the A371 pass through the City. Main line trains run from Castle Cary (12 miles). Bristol Airport is 18 miles away.