ELY STREET
is a popular and busy retail location situated between the High Street and Rother Street. No. 56 is approximately half way down Ely Street and comprises a prominent lock-up shop with bay window display frontage, together with a one-bedroom residential flat on the first floor.
ACCOMMODATION
Ground Floor
Retail Area 63.21 sq.m. (680 sq.ft.)
Kitchen 8.34 sq.m. (90 sq.ft.)
Rear Store 9.34 sq.m. (42 sq.ft.)
WC
Total Net Internal Area 75.50 sq.m. (813 sq.ft.)
First Floor Flat
Kitchen/Dining Room, 3.66m x 3.56m
Sitting Room, 4.60m x 3.66m
Bedroom, 3.57m x 3.40m
Bathroom and WC
Gross Internal Floor Area 63.25 sq.m. (681 sq.ft.)
TERMS
The property is to be sold freehold. The ground floor is currently let on a Full Repairing & Insuring Lease for a term of six years from 19th May 2020 at an annual rent of £13,500 per annum.
The first floor flat is let on an Assured Shorthold tenancy agreement with an annual rent of £7,140 per annum.
RATEABLE VALUE
The rateable value for the ground floor is understood to be £12,500. The flat is understood to be in Band B for Council Tax purposes.
EPC
The current EPC rating for the ground floor retail is TBC.
The current EPC rating for the first floor flat is E.
VAT
All prices and rents are quoted exclusive of VAT, which may be payable in addition.
NOTE
The photographs of the flat were taken when the property was vacant, prior to the current tenancy.
VIEWING
Strictly by appointment with the Sole Selling Agents:
Peter Clarke & Co.
01789 415444