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4 Cliff Hall Buildings Avenue Rd 522 SF of Retail Space Available in Freshwater PO40 9UR
HIGHLIGHTS
- Situated in a prominent and popular trading location in the heart of Freshwater
- Undergoing extensive refurbishment works
- Building of traditional construction over two floors
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 522 SF | Negotiable | $20.33 CAD/SF/YR $1.69 CAD/SF/MO $10,614 CAD/YR $884.52 CAD/MO | Fully Repairing & Insuring |
Ground
By way of a new commercial lease, effectively on a full repairing and insuring basis, with the client to insure the premises and the tenant to pay their share of the appropriate premium. The tenant will be liable for their own contents and public liability insurance. Rent price £5,700 p.a.x. The lease may include 3-yearly upward-only rent reviews, and the lease will be excluded from the security provisions of the Landlord & Tenant Act 1954, Part II. Other terms by negotiation. Subject to terms and tenant details, a deposit may be required to be held against default, damage and reinstatement. Subject to completion of the refurbishment and renovation works; otherwise, possession will be upon legal completion.
- Use Class: E
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space In Need of Renovation
- Secure Storage
- Private Restrooms
- Display window
- Personal door
- Spacious and with good natural light
- Single WC facility
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS
| Total Space Available | 522 SF | Gross Leasable Area | 522 SF |
| Property Type | Retail | Year Built | 1950 |
| Property Subtype | Storefront |
| Total Space Available | 522 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 522 SF |
| Year Built | 1950 |
ABOUT THE PROPERTY
Situated in a prominent and popular trading location in the heart of the main West Wight town of Freshwater, and potentially suitable for a variety of occupiers (subject to any necessary consents). Freshwater is noted for the wide variety of excellent facilities within its boundaries, including the Brookside Health Centre, the West Wight Leisure Centre with its heated pool and other facilities, a traditional library, and easy access to some of the best coastal scenery the Island has to offer. Freshwater is popular with locals and visitors alike, and enjoys a good year-round trade, supplemented in the seasonal months by tourism. The ever-popular and historic harbour town of Yarmouth is also just a couple of miles to the East and is home to the Wightlink vehicle and passenger ferry service to Lymington and the New Forest beyond. The property itself is of traditional construction over two floors, and is mid-terraced, with further details as briefly outlined overleaf.
NEARBY MAJOR RETAILERS
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4 Cliff Hall Buildings | Avenue Rd
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