20 Castlegate, York, YO1 9RP
Home > Properties > Unit 1, 62-68 Low Petergate, York

Unit 1, 62-68 Low Petergate, York

Shop to Let £40,000 PA (ref C2006)

DESCRIPTION
The subject property provides a great opportunity to acquire premises in a busy retail location. The accommodation is laid out over two floors, providing an open plan sales area to the ground floor and a further sales area with office and storage space to the first floor.

The property would suit a variety of retail occupiers, subject to planning, and interested parties are advised to make their own enquiries of the local planning authority regarding any proposed use of the premises.

LOCATION
Low Petergate is a well regarded retail street in the heart of York City Centre, within the City Walls and close to York Minster. The street provides a range of local and national retailers, together with a number of restaurant and café premises and benefits from high levels of footfall from shoppers, visitors and tourists to the City.

ACCOMMODATION
We have measured the premises in accordance with the RICS Property Measurement Standards (1st edition). The unit provides the following net internal floor areas:

Ground Floor Sales
40.77 sq.m. (439 sq.ft.)

First Floor Sales/Storage
43.19 sq.m. (465 sq.ft.)

SERVICES
Mains water, drainage and electricity are understood to be connected.

LOCAL AUTHORITY
City of York Council.

RATEABLE VALUE
£37,750
Interested parties are to make their own enquiries of the Local Authority regarding the business rates.

TERMS
The property is being offered by way of a new effectively full repairing and insuring lease for a minimum term of five years at a rent of £40,000 per annum. The tenant may be required to provide a rent deposit equivalent to a minimum of three months rent and pay the rent quarterly in advance.

COSTS
The tenant is to meet the landlords legal costs incurred in connection with the preparation of the lease.

VALUE ADDED TAX
VAT may be chargeable on the rent at the prevailing rate.

VIEWING
Strictly by appointment with the letting agents.

Barry Crux & Company
Tel. 01904 659990

Behrens Sharp
Tel. 0207 8011 300

Shop to Let £40,000 PA (ref C2006)

Located on a leading shopping street

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