Terraced shop for sale in Clevedon town centre with tenant until May 2026
Clevedon, SomersetAsking Price: £165,000
Status:
FOR SALE
Date Submitted:
15/01/26
Advert ID:
3322
Reference:
18500942 / Rightbiz
Call Agent:
Business Details
A terraced shop of approximately 740 ft² situated in busy trading position in clevedon town centre. the shop is currently let to present company
A terraced shop of approximately 740 ft² situated in busy trading position in Clevedon Town Centre. The shop is currently let to Present Company (Clevedon) Ltd at £12,500pa although the lease is due for renewal in May 2026.
LOCATION
The shop is situated in a busy trading position in Clevedon Town Centre. Notable neighbouring occupiers include Cancer Research UK and WHSmith.
NOTES
The neighbouring shop (3 Station Road) is also available for sale by separate negotiation for £150,000. Please contact the office for further details.
BUSINESS RATES
The rateable value with effect from April 2023 is £10,750.
VIEWINGS
By appointment.
LEASE DETAILS
Let to Present Company (Clevedon) Limited for a 5 year term from May 2021 (therefore due for renewal in May 2026) at £12,500pa on an effectively fully repairing and insuring basis. In addition, the landlord receives a £100pa ground rent from the flat above.
ENERGY PERFORMANCE CERTIFICATE (EPC)
Rating: B.
TENURE
We understand the property will be sold on a freehold basis, subject to the long leasehold interest of the first floor which has been sold off. The flat is subject to a £100pa Ground Rent charge.
VAT
All figures quoted are exclusive of VAT unless otherwise stated, although we understand the property is not opted for VAT.
FLOOR PLAN
The floor plan is provided for indicative purposes only and should not be relied upon.
CONTROL OF ASBESTOS REGULATIONS
As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. Maggs & Allen has not tested or inspected for Asbestos and therefore recommend all interested parties to make their own enquiries.
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